AF24787 - Management Accountant | Toys R Us | Dubai | Al Futtaim Retail

Department: Toys R Us
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 22-Jan-2017
Al-Futtaim

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

Retail

The foundation of Al-Futtaim’s retail network was established in the early 1990s with the launch of the internationally renowned and popular IKEA, Marks & Spencer, Toys R Us and ACE franchises in the UAE.

Representing some of the world’s most popular international brands, Al-Futtaim’s retail network extends throughout the UAE, GCC and North Africa and has a significant presence in Singapore and Malaysia following the acquisition of The Robinson Group in 2008.

In 2012, Al-Futtaim acquired a shareholding in Royal Sporting House, which is active in distribution, direct retail stores and shop-in-shops. The Singapore-based fashion, sports and lifestyle retail giant has 600 stores and many additional points of sale are spread around the world with over 399 in South East Asia, over 74 in the Middle East and over 126 in the South Pacific region.

  • 837 stores in 18 countries
  • Occupies 5.6 million sq. ft. of retail space
  • 13,000 employees
  • Serves 30 million customers each year

Toys R Us

Toys “R” Us is the largest specialty toy store in the world. Launched by the Al-Futtaim Group in Dubai in 1995, Toys “R” Us now exist in twelve locations in the Gulf market and has emerged as undisputed market leader for all children related products.

The stores offer an unrivalled range of toys, games, sporting goods, electronics, software, baby products, children’s apparel and juvenile furniture all under one roof.

About the Business:

Toys “R” Us is the largest specialty toy store in the world. Launched by the Al-Futtaim Group in Dubai in 1995, Toys “R” Us now exist in 18 locations in the Gulf market and has emerged as undisputed market leader for all children related products.

The stores offer an unrivaled range of toys, games, sporting goods, electronics, software, baby products, children’s apparel and juvenile furniture all under one roof.

About the Job:

Total finance, analytical and operational support is provided to the brand and the Retail Head Office so that Sr. Management can take key business decisions

Books of Accounts of the brand are maintained to reflect the true & fair view of the business

All periodical reports & ad-hoc analysis or information is submitted as required

 

In this role you will be responsible for:

  • Co-ordinating, consolidating & preparing reports of various locations in EXCEL and submitting as per reporting deadline
  • Downloading weekly margin information through query in AS 400 and transferring data into EXCEL worksheet
  • Carrying out a bi-annual query of inventory that are aged over 1 year - prepare and submit a report showing cost, original retail, existing retail to the buyers.  Following up with buyers for proposed price on the same.  Once received analyze the proposed prices and submit proposal by vendor/category/aging period & submit to management for approval to sell these at recommended prices
  • Interacting with various depts (AR/AP/Fixed Assets) on G/L entries and ensure that they are posted accurately - review of monthly print outs of G/L accounts for scrutiny to make necessary corrections - ensure that all Clearing Accounts are "zero" prior to month end processing
  • Based on year end inventory (YEI) results, margin reports, etc query the inventory related provisions from AS 400 and then pass necessary accounting entries in the system for all locations
  • Preparing audit statements & schedules as per their required standard formats - assisting auditors facilitate their audit and ensuring that all queries are accurately advised
  • Ensuring that all requests from various individuals are provided in time
About You:

Analytical mind,  good Business Acumen and understanding of commercial operations

Help Senior Management with decision making based on analysis & reviews.

Regular interaction with the Senior Management requires a thorough understanding of the business & a constant update on various activities

Strong computer skills - including ERP knowledge (preferably SAP) and advanced MS-Excel knowledge

Good analytical, presentation & reporting skills.

Excellent written and verbal communication skills

Having an eye for detail.

 

To be successful in winning this role, you will be able to demonstrate:

  • Excellent communication and negotiation skills
  • Familiarity with computer use especially MS Excel
  • Knowledge of accounting software (preferably any ERP)
  • Good analysis, presentation and reporting skills
  • Ability to work in a team
  • Flexibility and punctuality
  • Lateral thinking, analytical mind and good management skills - must have a "feel" for figures in business environment (preferably retail)
Note: you will be required to attach the following: 1. Resume/CV
 
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.