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Branch Account Manager - Financial Controller | Famco | Dubai

Date: 05-Jun-2021

Location: Dubai, AE

Company: Al Futtaim Private Company LLC

Job Requisition ID: 84029 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.


As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.


Come join us to live well, work better, and be the best.

Branch Accounts Manager | FAMCO | Al Futtaim Automotive | Dubai


This is a mid-management role with specific focus on steering the accounting and financial processes of Industrial Equipment business.


Management and Control

  1. To deliver monthly closure of books of accounts as per the group accounting policies. Approval and supervision of monthly provision entries as per business requirements.
  2. Contribute to the development of business management through monthly reviews and recommendation of improvement initiatives.
  3. Review and initiate cost saving measures in the business.
  4. Support business in making commercial decisions by providing financial acumen.
  5. Review contracts for large B2B customers and actively participate in pricing the tenders etc for the business
  6. Support business with collections and interfering wherever there are reconciliation issues
  7. Ensure compliance of laws and regulations like VAT etc
  8. Ensure compliance of IFRS for revenue booking, cost and expenses.
  9. Ensure application of appropriate internal controls, compliance and financial processes
  10. Liaise with various AF Group departments like Group Legal, EIT, Group Admin, Group HR, etc.
  11. Liase with AF Group companies for IHF (long term and short term)
  12. Supervision of Accounts Payable, Accounts Receivables, Inventory and petty cash activities.
  13. Review insurance policies for the company and come up with the optimum policies.
  14. Conduct order study for optimal ordering.
  15. Manage SAP system related changes to ensure compliance of invoice formats and accounting processes.


Financial Reporting

  1. Design and implement best practices and process improvements within the Financial Reporting, Accounting and Financial Controlling processes
  2. Review accounting policies and suggest improvements if required
  3. Evaluate Business decisions and review financial impacts
  4. Review and reconciliation of BS accounts


Minimum Qualifications and Knowledge:

  1. Accounting professional qualification (CA/CPA/MBA Finance) with proven expertise in Financial and Management accounting
  2. Strong core finance technical skills, processes and systems


Minimum Experience:  

  1. Experience with ERP (preferably SAP, BPC)
  2. Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects)
  3. 8 to 10 years of well-rounded experience in the field of Finance & Accounting

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.


Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.


As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.