Al Futtaim Jobs - GM - Financial Control | Retail | Dubai (Dubai, AE)

Job Requisition ID: 95101 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

 

About the role

 

We are currently seeking an experienced financial leader to serve as our GM of Financial Control for our Retail organization.

 

The jobholder will provide strong leadership and delivers a clear vision in managing financial control, reporting and BPC. The role is responsible for supporting and advising the Retail leadership on underlying trends in the business whilst also supporting in working alongside the wider Al-Futtaim Group.

 

Al-Futtaim Retail operates across 2 regions, GCC and Asia with a wide range of brands including market leaders such IKEA, M&S, ACE, Watsons and a large Fashion portfolio. Across Asia, Al-Futtaim retail portfolio includes Inditex and M&S.

 

Key Accountabilities:

 

Controlling

• Ensure overall compliance with operational accounting policies across the whole division.
• Overall responsibility for all accounting processes, and standard operating procedures
• Perform effective training and management on the accounting procedures for the team.
• Responsible for the overall management and review of Master Data including Principal agreements / Contracts / SLAs               Budget review, YO alignment and overall business performance against budget.

 

Reporting

• Overall management of the preparation of consolidated accounts for the Division and in-country statutory report on an accurate, efficient and timely basis
• Overall responsibility   for the preparation of statutory accounts in accordance with SFRS/IFRS, group policy, and the statutory requirement of each country within which the business operates.
• Ensure uniform Accounting and reporting standards across all legal entities. Ensure timely and accurate preparation of statutory accounts in full compliance of group accounting policies, SFRS and IFRS.
• Overall responsibility to ensure all Group Financial reporting requirements (HY / YE / Statistical Data & Variance analysis) are completed as per deadlines.          
• KPIS, Stakeholder Feedback

 

Corporate and Brand

• Promote Brand and Corporate Values throughout the Finance Team.
• Regularly and proactively communicates with Retail to establish and maintain a good working relationship and partnership.
• Work with Retail to resolve issues and deliver opportunities for driving current and future commercial targets.
• Prevent & solve compliance issues before they occur
• Represent AFR positively at any client meetings and help to grow the positive image of the company.

 

BPC & System

• Be able to take control and manage multiple system requirements and uploads to ensure timely reporting to the divisions CFO and wider stakeholders.
• Ensure System governance across the wider team.           
• KPIs, System review

 

Candidate requirements

 

Education:

• Professional Degree in Finance, Chartered Accountant, ACCA, ACMA or MBA Finance is preferred.

 

Minimum Experience and Knowledge: 

• +15 years of experience in a similar role.
• A background in Audit (Big 4) would be a key benefit to this role
• Motivated and can deliver strong financial control across multiple countries and regions.
• Deep understanding of financial acumen and commercial awareness
• Experience with, and passion for retail business
• Experience with SAP

 

Job-Specific Skills:

• Must have the ability to create an environment where Al Futtaim behaviors are exhibited at all levels
• Customer Focus
• Individual Accountability
• Continuous Improvement
• Personal Leadership  
• Teamwork

 

Should possess: Strong Numerical skill, Analytical Skills, Communication and Influencing, Sensitivity, Organization and Planning, Risk Management, Managing Ambiguity, Decision Making, Collaboration and Presentation Skills

 

 

 

 

We’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.

 

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.

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