Order to Cash Accountant
Date: 26 Aug 2024
Location: EG
Company: Majid Al Futtaim
Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 45,000 team members in 17 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.
JOB TITLE
Order to Cash Accountant | MAF Global Solutions | Finance
ROLE SUMMARY
The position is responsible for handling cheque management and daily reconciliation of tenant rent collection and ensuring timely processing of all cheques with the Bank on a daily basis. In addition, it is also responsible for handling post-dated cheques (PDCs) inventory and ensuring physical reconciliation of all PDCs on a monthly basis.
ROLE PROFILE
Prepare and issue receipts to tenants for various payment collection i.e. rent, utilities and deposits
Prepare on a daily basis bank deposit slips for the payments received from various tenants and ensure to process the same in the bank on a timely basis
Undertake physical verification of all PDCs collected from various tenants and reconcile the same with the system report on a monthly basis to ensure correctness
Reconcile the actual deposit of collection in the bank with the bank deposit acknowledgement / advice
Ensure proper maintenance of PDCs in respective physical files and ensure that photocopies of all the PDCs are enclosed
Process and send annual rental invoice to the tenants for collection through courier
Coordinate with the Oman / Bahrain offices on a daily basis and ensure that the daily bank processing for all collections are performed on a timely basis
Maintain and monitor Tenant Variation Request (TVR) and ensure that all variations are supported through proper approvals as per the DOA
REQUIREMENTS
Bachelor's degree in Commerce
Minimum 1 – 3 years of experience working within a Finance support function
Good knowledge and experience of handling PDCs, collections and processing of payments with banks with a reputed real estate development / organization in a similar role.
Good communication skills
