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Financial Controlling Executive | Al-Futtaim Retail | Dubai

Date: 10-Feb-2021

Location: Dubai, AE

Company: Al Futtaim Private Company LLC

Job Requisition ID: 71844 

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.

 

 

Job Title: Controlling Executive

Line Manager: Finance Controlling Lead 

Division:      Retail

 

Role purpose & context:

Maintain a strong accounting & operational control environment to safeguard assets, improve accounting processes and manage business risks through financial compliance. Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviours. Ensure that the business activities are conducted in accordance with the Financial Control Models (FCM), and you also support the definition of local financial policies and ensure that the adherence to both local and global reporting standard are controlled.

 

Role specific accountabilities:

 

Controlling / Process / SOPs       

  • Support the creation of all accounting processes, and standard operating procedures
  • Support effective training and management on the accounting procedures
  • Support the maintenance of the chart of accounts
  • Support the tracking of the Document retention compliance in all geographies
  • Support spot cash counts from a Financial control element

Internal Audit        

  • Support the tracking all Internal Audit reports; status, recommendation implementation timelines in conjunction with the Operational P&C Team

Insurance    

  • Assist in the development of a centralized process for the management of Retail Insurance and ensure risks are adequately covered and maintained
  • Issue yearly insurance guidance in advance with the latest requirements to ensure compliance

Financial Compliance       

  • Support the review of Master Data including Principal agreements / Contracts / SLAs
  • Ensure Intercompany transactions comply with the Group Policies and accepted on a timely basis

Balance Sheet reviews     

  • Support random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed
  • Support the monthly balance sheet reviews

Automation

  • Support the streamlining of finance process through automation where possible

Other Key Responsibilities

  • To liaise with relevant managers and stakeholders to ensure full collaboration and understanding on critical topics.
  • Contribute to the improvement of the solutions and business processes.
  • Maintains and upgrades professional knowledge, management skills and domain expertise by using continuous learning & development tools.  
  • Contribution to business excellence initiatives
  • Peer appreciation and feedback
  • Continual development of team and product application skills
  • Maintain an excellent rapport with the business.

 

Qualifications, Skills and Knowledge:

  • College or University degree in Finance
  • Qualified Accountant
  • 2 years’ experience as an accountant
  • Knowledge of SAP BPC or SAP Business Warehouse will be highly regarded
  • Extensive use of Excel
  • Retail experience is a plus

 

Job-Specific Skills:

  • Microsoft Office, particularly Excel
  • PC skills
  • Analysis and troubleshooting
  • Strong technical account knowledge and audit experience needed
  • Solid experience in International Financial Accounting Standards (IFRS).
  • Understanding of internal controls
  • Understanding of System governance (especially in SAP)

 

Behavioural Competencies:

  • Individual Accountability
  • Communication & interpersonal skills
  • Personal Integrity
  • Strong analytical skills & problem-solving skills
  • Ability to follow-up on outstanding issues
  • Ability to work effectively as part of a team 
  • Ability to manage time & work under pressure
  • Readiness to persevere with difficult tasks
  • Ability to be assertive without being aggressive
  • Able to focus and drive tasks to completion

 

 

 

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.