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:

Ensure accurate business reporting by adhering to robust closing activities.

What you will do:

Responsible for:

• Ensures an accurate & timely month, quarter & year-end closing providing all necessary regular & irregular analysis
• Maintaining the Chart of Accounts; ensure adequate and proper classification among accounts’ groups.
• Prepare monthly management reports.
• Ensure a clean & timely year end audit and assist with financial audits, prepare audit schedules and interface with auditors.
• Responsible to prepare and distribute timely, accurate financial statement and all Analytical reports related and non-related to the financial statements .
• Participate in special projects, ERP implementation, system enhancements or adhoc analyses as assigned.
• Ensure reconciliation of inter-company accounts and rectification of reconciling items.
• Ensure that all the financial transactions are properly accounted in the General Ledger and in the correct cost and profit centers.
• Handling intercompany cost allocations.
• Maintaining accurate revenue and cost recognition databases.
• Ensure all month-end entries are passed in the system like pre-payments, accruals etc.
• Monitoring bookings of tax entries especially VAT accounting.