Financial Reporting

1 week ago


Dubai, Dubai, United Arab Emirates Majid Al Futtaim Retail Full time


• Monitor and ensure timely identification and compliance with evolving accounting guidance, provide IFRS interpretation and prepare technical memorandums that documents issues in a clear, logical and comprehensive manner.

• Communicate and explain accounting issues and evolving accounting guidance to Finance teams in countries

• Prepare consolidated financial statements

• Manage communications with external auditors on financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.

• Assist in co-ordination of annual audit and quarterly reviews of auditors.

• Prepare quarterly consolidated financial statements for internal reporting

• Maintain comprehensive accounting policy documents to improve clarity and consistency

• Prepare adhoc analyses for management and external auditors

• Responsible for managing the HO Accounting team and overseeing and analyzing the HO accounting

• Liaise with management reporting team – Anticipate and manage consolidation impacts in management reporting

Arabic - Fluent / Excellent
English - Very Good

Own a Car

Any

Have Driving License

Any

Job Skills


• Bachelors degree in Finance, Accounting or related field; CA/CPA/Professional financial qualification required.

• 3-5 years of experience in Financial reporting and analysis, either as Big 4 advisor or in-house, with reputed companies

• Strong knowledge of financial management skills, project management skills, and business process analysis with specific prior experience with month-end/quarter and year end closing cycles, preparation of financial statements in accordance with IFRS and account reconciliations

• Strong ability for attention to detail is required

• Strong accounting, analytical, interpersonal and communication skills

• Proficient in MS Office, especially Excel

• Self-motivated and results oriented

About The Company

Recognized as one of the most active shopping concept developers throughout the region, the Group first introduced the hypermarket model to the Middle East in 1995. Majid Al Futtaim Retail manages Majid Al Futtaim Hypermarkets, a joint venture company with the world's second largest retailer Carrefour, and offers shoppers the same quality, variety and value-for-money that have made the brand a household name to millions over the world.

In the last 3 years, Majid Al Futtaim Hypermarket has opened 14 new Stores. In the expansion of Carrefour across the region currently there are 37 hypermarkets in the Middle East. In the coming year of 2010, Majid Al Futtaim Retail expects to open 10 new stores

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