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\xe2\x80\x9drab 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\xe2\x80\x99s 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.
We are currently seeking an experienced finance professional to join our Group Finance in the capacity of Head of Process and Compliance.
Overview of the role
Key team member of Group Finance:

• Developing and monitoring the implementation of Group-wide Financial policies
• Reviewing Finance Delegation of Authorities and drive their rationalization
• Evaluating Finance risks and controls and driving initiatives to improve them
• Supporting the review and sign-off of all Finance group-wide operations documentation
• Providing Group Finance inputs into Internal and External audit processes

What you will do Developing and monitoring the implementation of Group wide financial policies

• Review of existing financial policies in the areas of Fixed Assets, Inventory, Debtors, Provisioning, Revenue Recognition etc.
• Development and revamp of Financial policies and monitoring their implementation and adherence to.
• Work with the Human Resources Department and others as appropriate to develop an effective compliance training program

Reviewing Financial Delegation of Authorities and help drive their rationalization

• Review and drive updates to Financial DOA
• Review and drive the setting up of Financial limits

Evaluating risks and controls and driving initiatives to improve them

• Review of existing processes and procedures in the areas of Fixed Assets, Inventory, Debtors, Provisioning, Revenue Recognition etc.
• Evaluate risks, both financial and operational and drive specific initiatives to improve the Financial controls environment.
• Leverage process improvement strategies to perform analysis of Quality Systems, Records and Information processes and policies.
• Drive the process of documentation of the various Financial processes via Blue-works

Supporting the review and sign-off of all financial operations documentation

• Review all documentation in relation to financial operations- Financial Reconciliation, Order to Cash, Procure to Pay, Record to Report, Payroll, Credit Risk Management - for compliance with Group policies, best practice governance etc. before being signed off by authorised signatories.
• Support the organization in driving a culture and behaviour that exceeds Standards of Conducts and Code of Ethics.

Providing Group Finance inputs into Internal and External audit processes

• Support the processes in relation to Group Internal Audit of Group Financials
• Function as independent objective body that reviews and evaluates compliance issues/concerns within the Divisions

Managing Complexity

• Anticipates potential organizational barriers and how to turn them into support understanding the culture, norms and rules of Al-Futtaim
• Is aware of what is going on in the organization and understands what is happening outside one\xe2\x80\x99s own immediate sphere
• Builds a workforce capable of operating in a diverse environment that meets local needs
• Uses an in-depth understanding of diverse stakeholders from across the network in order to inform business strategy and achieve result

Influencing Others

• Anticipates and prepares for others\xe2\x80\x99 likely reactions when deciding how to persuade, and incorporates their views and feedback to increase buy-in
• Understands cultural di\xef\xac\x80erences and adapts their in\xef\xac\x82uencing style and approach to best e\xef\xac\x80ect
• Identifies and lobbies opinion makers by taking time to soundboard ideas with them
• Confidently, articulately and persuasively presents information and arguments in a range of forums

Working Across Boundaries

• Builds relationships by genuinely valuing diversity of opinions, expertise and background
• Works to \xef\xac\x81nd \xe2\x80\x98win-win\xe2\x80\x99 solutions that can bene\xef\xac\x81t all parties
• Actively challenges silo working avoiding duplication of e\xef\xac\x80ort
• Role model\xe2\x80\x99s collaboration by establishing by establishing mutually bene\xef\xac\x81cial relationships across businesses that maximize commercial opportunities
• Proactively works to minimize the adverse impact of one\xe2\x80\x99s decisions on the other departments

Required skills to be successful

• Sound knowledge of various Financial Processes
• Financial Compliance
• Effective Communication
• Strong people and time management skills
• Financial Controls
• Regulatory & Compliance Knowledge,
• Accounting Concepts & Standards
• Audit
• Financial Reporting

What equips you for the role

• Chartered Accountant/CIMA/CMA with good working knowledge on International Accounting Standards, Process Re-Engineering concepts and Accounting Policy
• Overall 10 years + in Finance with at least 5 years in similar/compliance/Corporate Finance role

We\xe2\x80\x99re 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 \xe2\x80\x9capply\xe2\x80\x9d: 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.