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.

We are currently seeking an experienced finance professional to join our Finance Shared Service Center in the capacity of Manager – Financial Reporting.

Overview of the role

Act as the lead for the preparation of financial statements and coordination of the external audit for assigned legal entities and territories. Maintain a strong accounting & operational control environment, 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.

What you will do

Finance Reporting and Controlling

• Support the creation and ensure compliance with operational accounting policies
• Perform effective training and management on the accounting procedures
• Responsible for maintaining the chart of accounts and effectively communicate any changes being made / new accounts being opened with the purpose of use
• Preparation of standalone and consolidated financial statements as assigned by the line manager
• Support the preparation / conducting Training & workshops for Controls and IFRS standards
• Preparation of all documentation required for the sign off of the financial statements
• Performing opening Retained Earnings reconciliation between the financial statements and SAP and other ERPs

External Audit

• Coordination with the external auditors on audit requests
• Cross-functional coordination with the different Business Units, Divisions, and Tower Heads to support in variance analytics and business updates
• Prepare technical memos on International Financial Reporting Standards, particularly for significant transactions and accounting matters
• Supporting the line manager with the impairment workings activities during HY and YE audits
• Consolidating, reviewing, and validating audit adjustments ensuring correct posting in SAP and BPC and reconciling the two systems

Tax

• Support the Tax tower in responding to Financial Statements related queries
• Support the Tax tower in preparation of the CIT tax filings
• Ensuring compliance of completion of the financial statements in a timely manner to avoid late Tax filings
• Coordinating with the Tax tower to resolve tax related queries from external auditors