Control Executive | Finance Department | Al Futtaim Retail ,UAE
Overview of the role:
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 behaviors.
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.
What you will do:-
Description of Accountability:
Finance Controlling
Create and ensure compliance with operational accounting policies
Advise the Senior Financial Controller on existing and evolving operating/financial issues
Responsible for all accounting processes, and standard operating procedures
Perform effective training and management on the accounting procedures
Implement compliance with Transfer pricing transactions
Responsible for maintaining the chart of accounts and effectively communicate any changes being made / new accounts being opened with the purpose of use
Responsible for Document retention compliance in all geographies
Managing the impairment workings activities during HY and YE audits
Perform spot cash counts / inventory write off reviews from a Financial control element
Internal Audit
Ensure all Internal Audit reports are tracked, responded to and recommendations are implemented 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
Balance Sheet reviews
Complete random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed
Ensure monthly balance sheet reviews are conducted
Automation
Support the streamlining of finance process through automation where possible
Bayt
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