Jobs in Egypt with Al Futtaim Group: Chief Accountant 2020

Deadline : 14 Jul 2020

Nonprofit organization: Al Futtaim

Specialities: Business and marketing

Study level: Undergraduate

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Jobs in Egypt with Al Futtaim Group: Chief Accountant 2020

Al Futtaim is seeking a qualified Chief Accountant to join the team and work in Cairo, Egypt for 2020. The accountant will be responsible for providing financial and administrative support in order to ensure effective, efficient and accurate financial and administrative operations. Including processing and monitoring payments and expenditures, ensuring that AL Futtaim policies are adhered, highlighting variations to plan and liaising with finance shared services.


Statuary Accounts:

  1. Ensuring the integrity, accuracy, and timelines of all financial records, ensuring all income and liabilities are accurately recorded, reconciled and reviewed.
  2. Delivery of the monthly close process, analyzing transactions and preparing required journals.
  3. Perform month end closing activities such as account reconciliation, revenue recognition, expenses recording, etc.
  4. Driving continuous improvement within your own areas of responsibility.
  5. Being fully aware of and actively complying with Alfuttaim policies and procedures relevant to your own responsibilities and to corporate policies and procedures.
  6. Performing any other reasonable duties as directed by line management.

Management Information Support:

  1. Support in the routine finance issues.
  2. Support and guide the team to ensure that the policies and the law are adhered.
  3. Pre Opening / Capital Expenses ( Existing and new projects).
  4. Ensure that preopening expenses are tracked / accounted and informed to the management on a monthly basis.
  5. Provide insight and explanations for discrepancies working with relevant line managers to support amends/justifications.


  1. Work with the internal & external auditors to provide the relevant documents ensuring that all queries are accurately advised.
  2. Carry out own internal audits to ensure safeguarding of relevant policies & processes, providing full written statement and appropriate business actions where necessary.
  3. Download by account codes from the system and scrutinize G/L entries for preparation of various schedules.

Business Continuity:

  1. Support role to the Finance Manager with ad hoc project management and necessary reports to support the finance function and relevant business information including preliminary workings for the capital requirements for New store expansions.
  2. Working with IT to ensure business continuity.
  3. Ensure the accuracy of the trial balance to reflect the real picture of the company financial position. And prepare monthly Balance Sheet analysis.
  4. At the same time ensuring adequate controls have to be built in into the daily processes to have complete control in the custodial function of the finance function.
  5. Own & manage the SOPs working with the store Cash team for Petty Cash and the cash admin function in general ensuring synergy with current store processes.

Minimum Qualifications and Knowledge:

  1. Commerce Graduate with experience MS Office and SAP.
  2. 5 years’ experience in a similar role.
  3. Retail background.
  4. Details oriented.
  5. Good communication skills.
  6. Problem solving skills.

Behavioural Competencies:

  1. Must have the ability to create an environment where Alfuttaim values are a strong and living reality that embraces the diversity of co-workers and visitors.
  2. Customer Focus.
  3. Individual Accountability.
  4. Continuous Improvement.
  5. Personal Leadership.
  6. Teamwork.

More about Al Futtaim:

Al-Futtaim’s family business traces its origins back to the 1930s on the banks of the Dubai Creek, a trailblazer for innovative trading concepts designed to enrich lifestyles. Today, Al-Futtaim is present in 29 countries, represents over 200 companies spanning the automotive, finance, retail, and real estate industries, and it is now 42,000 people strong. Currently spanning the automotive, finance, retail, and real estate industries, Al-Futtaim’s diverse and far-reaching portfolio of brands and companies are ever-present in people’s lives, from the shores of Singapore to the sands of the UAE.

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Area: Middle East

Opportunities: Jobs

Host Country: Egypt


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