Manager - Finance

JOB TITLE

Manager - Finance | MAF Retail | Head Office UAE

Role Summary

The Manager - Finance (GL) is responsible for overseeing the general ledger accounts for all hypermarkets and supermarkets within the country and controlling the accuracy of the same in strict compliance with the finance policies and procedures of the company and international accounting standards.

ROLE PROFILE

• Set appropriate control mechanisms to ensure budget compliance and takes corrective measures when necessary.
• Develop and implement control mechanisms to ensure accuracy of the accounts and align them with group guidelines / policies and international standards.
• Ensure the accuracy of all G/L accounts, and that all payments and taken provisions are booked correctly and timely as per agreements or internal policies and procedures.
• Ensure that all intercompany reconciliations are done correctly and on time.
• Lead the process of closing annual accounts balances in coordination with all the concerned customers and suppliers, ensuring a complete and accurate closing.
• Coordinate with external auditors, by providing them with the required financial information requested during audits, and solving any accounting non-compliances observed.
• Work closely with other department heads to understand their concerns and support with best-practise solution proposals.
• Monitor allocated budget to ensure compliance and take corrective measures when necessary.
• Responsible for the overall cost reduction of general expenses within the country, proposing and reviewing cost reducing activities and monitoring the effectiveness of the implemented solutions.
• Recommend improvements to departmental policy and implement procedures and controls covering all areas of finance function, so that all relevant procedural/ legislative requirements are fulfilled while delivering quality, cost effective service to customers.
  
  

Requirements

• Bachelor degree Finance or Commerce.
• MBA in the same field preferred.
• 6+ years in a Finance department and a Managerial rol.
• 2+ years in the retail business.
  
  

What We Offer

At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us! Work in a friendly environment, where everyone shares positive vibes and excited about our future. Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.

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