Financial Controller | Blue Rewards | Al-Futtaim Dubai

As a family-owned business, we take a long-term view in everything we do, because we believe that sustainable success requires uncompromising commitment.
That’s the reason why some of the world’s most admired and innovative brands from the USA, UK, Japan, Sweden, France, Germany and Switzerland – from sectors as diverse with each other as automotive, retail, real estate and finance – trust Al-Futtaim with their own reputation and commercial success since the 1930s.
And through our inherent customer-centric approach and relentless pursuit of perfection, we add significant value – connecting consumers in 20+ markets with these brands in contemporary, powerful, meaningful and emotional ways that create longstanding relationships based on loyalty and mutual trust.
Our decades-long experience allows us to embrace and foster new, forward-thinking business practices and seamlessly blend those into our corporate DNA and people-first philosophy whilst upholding the value of integrity within a spirit of collaboration.

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.

Financial Controller | Blue Rewards | Al-Futtaim Dubai | Apply Now

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What You Will Do

Preparing entity-wise budgets, liaising with support functions, timely communication to Blue departments, liaising and answering their queries and preparing monthly management packs and reporting to stakeholders.
Timely reconciliations between Blue’s different systems and those of Blue partners and Cashflow forecast preparation – bi-weekly forecast, monthly actuals vs budget/forecast.
Monthly Balance Sheet Substantiation, regularizing misstatements timely, ensuring best quality of books and review account reconciliations regularly – Bank, IFRS 16, Investments, IC Loans, Passthrough, etc. and help clearing open line-items.
GL Supervision – regular review of trial balance and GL schedules ensuring correctness of accounting and timely resolution of issues.
Monthly book closure – providing month close accruals and other inputs to FSSC, pre-close and post close review of TB, AR/AP management – Resolving issues related to IC receivables/payables.
Raising AFEs (Approval for Expenditure) and IANs (Internal Approval Notes), Releasing Purchase Orders, Releasing IT SRs – for 2461 and Overseas Blue entities and monitoring and providing guidance to overseas accountants.
Managing statutory audits of UAE and overseas corporate entities, engaging with the auditors and agreeing on timelines, liaising with FSSC & auditors closely, resolving issues ensuring group timelines are achieved, reviewing of FS prepared by FSSC, submitting weekly audit tracker.
Managing automation and process re-engineering projects liaising closely with EIT and other related functions ensuring timely implementation of solutions and performing UAT for various projects.
Ensure correctness & timeliness of Management and Statutory reporting as well as reviewing Tax filings in-line with AFG Finance and Accounting policies and processes.
Control budget/forecasts and ensure that expenses & incomes are recorded in compliance with IFRS and Tax laws.

Required Skills To Be Successful

Sound knowledge of international accounting principles and standards, compliance, UAE VAT.
Strong analytical skills (linking results to drivers), ability to think strategically and influence business decisions using appropriate, fact-based financial information.
Working knowledge of SAP, strong communication and presentation skills.
Planning and Execution expertise, strong process orientation and experience in dealing with senior leadership.

What Equips You For The Role

Minimum of 8-12 years of well-rounded experience in the field of Finance & Accounting (work experience with one of the Big 4 audit firms will be added advantage) and must have relevant working experience within the same industry.
Fully qualified with an Internationally approved Accounting Certification (CPA USA / ACCA / ACA UK).
Experience with ERP (SAP – FICO, BPC, BI etc.) and information systems, including planning, implementation and monitoring and proficiency in MS Office.
Proven expertise in controllership and Management and Statutory Reporting holding international professional accounting qualification.
Strong core-finance technical skills (deep understanding of Balance Sheet, Cash flow statements and P&L) and clear understanding of Financial Reporting Standards (IFRS), controls and processes, robust Financial Planning & Analysis (FP&A) experience with exposure to senior management.