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 roleSupervise and manage GCC (UAE, Qatar & Oman) financial accounting and control activities including but not limited to the following.
- Financial accounting and monthly / yearly closing in compliance with IFRS, Al Futtaim policies and standard operating procedures
- Monthly GL schedules, clearances, and review in coordination with FSSC to minimize misstatements
- Maintain supplier master, monitor LPOs, expenses, Invoice processing and payments and statement of accounts and balance confirmations in coordination with FSSC
- Open ICMs review and acceptances
- Maintain customer master and oversee collections
- Ensure Corporate Tax, Withholding Tax and Value Added Tax Compliances in coordination with FSSC & Group Tax
- Manage statutory and internal audits in coordination with FSSC and Retail Controlling
- Participate in system enhancements and rollout including MS Dynamics 365 roll out SAP integration
- Streamline / transform finance activities and operations to make it more efficient
- Develop / enhance Standard operating procedures and checklists
- Team engagement and developmentWhat you will doFinancial Accounting, Monthly / Annual Closing, Checklist
- Financial accounting in compliance with IFRS, Al Futtaim policies and standard operating procedures
- Monthly / half yearly / annual book closing based on checklist in coordination with FSSC
- Regular review and clearance of GL schedules and BSS misstatements in coordination with FSSCSuppliers, LPOs. Invoices, Payments
- Maintain supplier master including new supplier registration in coordination with I2P
- Arrange to maintain approval hierarchy, issue, monitor LPOs and GRNs
- Monitor receipt, submission, posting and payment of invoices
- Arrange to obtain Statement of Accounts, carry out supplier reconciliations and balance confirmations
- Maintain adequate provisions based on LPOsICM
- Review open ICMs and acceptances in coordination with key stakeholdersCorporate Tax, Withholding Tax, Value Added Tax, Excise Duty & Municipality Tax
- Ensure Corporate/Withholding/Value Added Tax, Excise Duty and Municipality Tax compliances
- Provide required data, documentation and reports to group tax to prepare monthly/quarterly/annual returns
- Maintain VAT documentations for UAE & Oman imports
- Review Monthly FTA & Customs Reports ReconciliationsAudit External & Internal
- Coordinate with shared services and external auditors for completion of midyear, hard close and annual audits
- Provide relevant data, schedules, documentation and clarifications to external auditors
- Coordinate and provide necessary data and reports for completion of Sales Audit reports to Franchiser and Landlords
- Support & coordinate with Internal audit, stores for Internal Audits
- Support implementation of audit recommendationsLoad Factor Analysis and Adjustments
- Quarterly review of load factors provisions vs actuals
- Recommend adjustments to load factors rates, as requiredParticipate in MS Dynamics 365 Implementation, SAP Integration & New Store Set Up in Navision
- Participate in implementation of MS Dynamics 365 and SAP Integration
- Support New store Navision full system set ups & UAT
- Training and supporting cash office and finance teamInsurance
- Ensure adequate insurance covers for new activities, new store & adhoc projects
- Manage all insurance renewals with correct sum insured
- Manage monthly / annual declarations
- Coordinate and provide necessary documentation for claim settlementsREQUIREMENTSRequired skills to be successful
- Strong computer skills - including ERP (preferably SAP, Navision, MS Dynamics 365) and advanced MS-Excel
- Good analytical and problem solving skills
- Excellent written and verbal communication skillsWhat equips you for the role
- Master\'s degree in Accounting or Finance / ACA / ACCA / similar
- 5 years\' experience
- Experience in GCCWe\'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.ABOUT THE COMPANYEstablished in the 1930\'s, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940\'s and 50\'s saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.

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