Manager - Finance

1 week ago


UAE, United Arab Emirates Majid Al Futtaim Full time

**BUSINESS INTRODUCTION**

Majid Al Futtaim Retail is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 48,000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.

**JOB TITLE**
Finance Manager | MAF Retail | UAE Head Office - Shindagha

**ROLE SUMMARY**
The Finance Manager 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.
- Approve payroll related deductions and transactions and ensure the timely disbursement of payments.
- 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.

**REQUIREMENTS**
- Bachelor's degree in Finance or Commerce.
- MBA in the same field preferred.
- 6+ years in a Finance department and a Managerial role.
- 2+ years in the retail business.
- Excellent communication and presentation skill.
- Good knowledge on IAS / IFRS and internal policies and procedures.

**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 from any country in the world for 30 days a year.
- Work in a friendly environment, where everyone shares positive vibes and excited about our future.
- Work with over 50,000 diverse and talented colleagues, all guided by our Leadership Model.


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