Job Description

Overview of the role:
As the Financial Control Manager in Al Futtaim Retail Head Office and lead Central Retail Controlling tasks while complying with organization's policies and procedures and ensuring necessary checks and balances to mitigate risks.
What you will do:

• Ensure compliance with Transfer pricing transactions, Balance Sheet / High Risk Accounts review considering multiple Inter-Company Transactions which are in conjunction with Finance Controls along with weekly / Monthly Reporting in line with Organization requirements.
• Ensure Intercompany transactions comply with the Group Policies & accepted + Settled on a timely basis
• Contribute to the Improvement, Identify Accounting & Financial issues & suggest timely solutions within the team & cross function with an aim to standardize accounting process (FSSC, O2C, Group Tax, Group Finance, P&C etc)
• Lead, monitor & establish SLAs across Retail Brands including Cost Allocations, Loyalty Program Management, Revenue Recognition - Budget Vs. Actuals / True Ups, Accruals & Breakage Management
• Facilitate & Reduce delays in issuance of Store Turnover Audits / Certification across MENA & SEA Retail stores from external Auditors
• Establish, monitor, & facilitate decision making w.r.t Insurance coverage taken for entire Retail Group along with timely premium negotiations & Claims recoverability
• Proper implementation and ongoing compliance with IFRS 16 accounting standards for lease accounting & PPE
• Manage, monitor, & oversee the company's lease portfolio, ensuring that all lease transactions are accounted for in accordance with IFRS 16, & providing timely financial reporting and analysis
• Tracking & monitoring Promotions & Gift Vouchers issued across Retail environment
• Ensure compliance with UAE's corporate income tax regulations, including preparation & documentation, and any other required filings. assist in tax planning activities, including identifying opportunities for tax optimization, minimizing liabilities, and ensuring compliance with applicable tax laws & regulations.
• Prepare & lead presentations with cross team / functional stakeholders on monthly & adhoc basis
• Petty Cash management for Retail Divisional Office with monthly & annual reporting
• Collaborate & lead discussions with external & internal auditors during audits, ensuring that all information is accurately reported & compliant with IFRS / Policy requirements