Analyst – Credit Control

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview of the role : 

Responsible to oversee and enhance the treasury function by managing and supervising the processing of a substantial volume of cheques, and leading the departmental objectives of cash management and financial strategies.

What you will do : 

• Oversee efficient management of cash resources and cheque processing, and implement strategies for optimal cash flow management. Ensure all cheques are properly accounted for in both system and manual tracking.
• Develop and present comprehensive daily and monthly collection reports to the Finance Manager.
• Monitor and report on dishonoured cheques, ensuring compliance with banking regulations and internal policies. Coordinate with banks and relevant parties for resolution.
• Oversee the postings and clearing of all payments received, ensuring accuracy in customer accounts.
• Guide and mentor junior treasury accountants and collectors ensuring adherence to the standards and company policies.
• Manage interactions with tenants regarding cheque collections, receipt validations, and payment schedules. Ensure accuracy and completeness in all transactions and documentation.

Required skills to be succesful : 

• Advanced knowledge of ERP Financial Software
• Proven track record of debt collection
• Assertive to able to manage stakeholders at all levels

What equips you for the role : 

•    Bachelor in Finance, Business Administration or any relevant field. 

•    Advanced knowledge of ERP Financial Software.

About Al-Futtaim Malls 
Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers. 

Part of the Al-Futtaim Group, Al-Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, both from a shopper’s point of view but as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco.

Leveraging on the expertise of its parent company, Al-Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al-Futtaim Mall’s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.

For more information on Al-Futtaim Malls, please visit https://www.al-futtaimmalls.com/