The Branch Accountant supports day-to-day dealership finance operations, ensuring accurate accounting and compliance with financial policies. The role involves close collaboration with finance and branch teams to ensure transactions are reviewed, documented, and reconciled. Major responsibilities include supporting vehicle deal documentation, pricing, discount checks, and overseeing cash and banking activities. This position requires a focus on the accuracy and timeliness of financial transactions and adherence to month-end timelines. The role demands proactive management of daily finance operations within a high-volume automotive environment.
What You Will Do:
General
• Review and support the posting of daily branch transactions, including invoices, receipts, customer collections, and vendor payments.
• Support vehicle deals by checking financial aspects, pricing, and discount requests, ensuring accuracy and proper approvals.
• Monitor cash collections, bank deposits, and petty cash, ensuring balances are accurate and reconciled.
• Prepare and follow up on reconciliations for customer accounts, vendor balances, and petty cash.
• Assist with month-end close activities, including accrual inputs, provisions, and journal support.
• Track branch operating expenses, purchase orders, and supplier invoices to identify issues like overspending or miscoding.
• Ensure compliance with financial policies, delegation of authority (DOA), internal controls, and audit requirements.
Required Skills To Be Successful:
• Proficiency in reconciliation and numerical accuracy.
• Strong attention to detail and documentation discipline.
• Good Excel skills and the ability to manage trackers.
• Ability to manage daily priorities and meet month-end deadlines.
What Qualifies You For The Role:
• Degree or diploma in Accounting, Finance, Commerce, or related field.
• Basic understanding of accounting principles, reconciliations, and financial controls.
• 2-4 years of experience in accounting, branch finance, or high-volume transactional finance.
• Experience with ERP systems, particularly SAP, and dealership finance operations.
Is this role a fit for you?
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V ELEMENT GROUP COMPANIES MANAGEMENT - SOLE PROPRIETORSHIP L.L.C · Abu Dhabi - United Arab Emirates (UAE)
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