Process & Compliance Manager | Retail | Electronics | UAE

Job Requisition ID: 170141 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role

The Associate works with the team to perform activities pertaining to the Control and Compliance process. This includes the adherence to policies and guidelines set up for internal controls, system maintenance and external audit.

The job holder is required to coordinate and liaise with internal and external parties to facilitate transaction related clarifications. Additionally, the individual is required to initiate and participate in continuous process improvement initiatives within all functions.

What you will do: -

Description of Accountability:

Risk / Process / SOPs

• Develop new operational processes.
• Develop and maintain internal controls
• Develop close policies, procedures, standards and templates.
• Perform issues tracking and resolution
• File and archive documents

Internal Audit

• Support the tracking & follow up of all open Internal Audit recommendation, status, recommendation implementation timelines.
• Ensure risk highlighted, plan provided & action taken.

Training & Compliance

• Support effective training and update management.
• Support the tracking of the Document retention compliance in all relevant geographies
• Ensure Tax Compliance

Inventory counts

• Ensuring the periodic stock count for all stores & warehouses are conducted within the stipulated period ensuring that the shrinkage has been properly computed and reported.
• Assist stores with the development and implementation of stock loss reduction action plans.

Agreements & Payments

• Support spot cash counts from a compliance element
• Review petty cash payment & compliance.
• All payments DOA, RACI & approvals flow.
• Review all agreements & address potential risk to business.
• Ensure all sign off / approvals as per existing policies.

Automation

• Support the streamlining of operational & finance process through automation where possible.
• Support all system enhancement & changes.

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
• Continual development of team and product application skills

Required Skills to be successful:

• Excellent organizational and time management skills.
• Proactive, reliable, and solutions-driven.

• 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

What equips you for the role:

• Bachelor’s degree in finance with 5+ years of experience in Control / Audit / Compliance related functions
• Excellent in Microsoft Office Suite (Word, Excel, PowerPoint, Access, Outlook)
• Demonstrated ability to work effectively in a multi-national organization
• Detail-oriented and reliable
• Fluent in English; knowledge of Arabic is an added advantage
• PC skills
• Analysis and troubleshooting
• Understanding of internal controls
• Understanding of System governance (especially in SAP)

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.