Finance Manager | Retail | Afwj | Dubai

Dubai, United Arab Emirates

Job Description

Job Requisition ID: 158125

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 Arab 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 organization 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:

Overall Financial management of Al Futtaim Watches & Jewellery finance activities including but not limited to statutory accounting, books closing, taxation, Overhead controlling, SAP / IT coordination, Commercial & Finance Business Partner.

What you will do:

Ensure closing of books in SAP on a monthly basis including the review & updating the GL schedules in coordination with SSF.

Review, Control and Manage working capital including AR, Inventory & AP by closely working with Product & Sales teams

Manage Internal & External audit

Manage Principal Vendor accounts including Claims & Subsidies

Commercial business support to achieve operating targets while ensuring that Al Futtaim risk management principles and process are strictly followed

Prepare Yearly budgets and Quarterly Forecast including LTP & preparation of presentation pack

Tax compliance

Ensure complete adherence to Al Futtaim Group policies & IFRS in term of revenue recognition

Feasibility study and business development support (brands acquisition, new territories). Coordination with Group Finance / Tax / Legal / Audit

Close partnership with regional management (Business & Operation)

Minimum Qualifications and Knowledge:
  • Bachelor\'s in Finance or Accounting
  • Chartered Accountant
Minimum Experience:
  • Experience of at least 10 years preferably in a Retail environment with Managerial experience of atleast 2 years or big Four Audit experience with 2 years industry experience
  • Knowledge of SAP BPC or SAP Business Warehouse will be highly regarded
  • Expert knowledge in MS Office - Excel /Word / Power point
  • Experience of at least 10 years preferably in a Retail environment with Managerial experience of atleast 2 years or big Four Audit experience with 2 years industry experience
  • Knowledge of SAP BPC or SAP Business Warehouse will be highly regarded
  • Expert knowledge in MS Office - Excel /Word / Power point
Job-Specific Skills:
  • Commercial acumen with Accounting background
  • Ability to maintain a high level of accuracy in preparing various MIS
About Al-Futtaim Retail

Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer\'s in both regions with over 75 stores offering both fashion & food options.

Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference\xe2\x80\xa6

Al-Futtaim

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Job Detail

  • Job Id
    JD1624086
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned