Manager R2R | Finance Shared Service Center | Corporate Services (AE) Full Time

Job Requisition ID: 176331 

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. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role
To lead the health of the company’s balance sheet by ensuring thorough review of every balance sheet GL account and testing it through a substantiation process. Ensure accurate, reliable, and timely book closure every month. Support the audit process. Actively engage with stakeholders to drive ‘good health’ of the balance sheet in compliance with IFRS/IAS and the Al Futtaim Group (AFG) policies.

What you will do

General Ledger reconciliations:

• Improve GL schedules (reconciliations) monthly.
• Engage with relevant stakeholders to gather information to ensure meaningful reconciliation of GL accounts.
• Provide actionable insights through schedules to pre-empt issues and take timely action to drive resolution of issues.
• Review trends, identify patterns & opportunities to strengthen controls.
• Standardize schedules and follow a quality review process.
• Leading with business unit finance teams to discuss findings from GL schedules.
• Follow IFRS/IAS and AFG policies in the accounting process.

Monthly / Yearly books closing:

• Improve the accounting entries based on agreed principles and guidelines.
• Review recurring provision, accruals of expenses and amortization.
• Validate amortization and provision entries.
• Identify and review accounting entries that require reclassification. Post reclassification entries, cost allocations and any other entries required as per standard checklist.
• Lead timely support in preparation of financials and take ownership for delivery.
• Improve and control the checklists and ensure compliance.
• Review gaps in checklist and report new entries/edits to line manager.
• Submit relevant accounting information/data monthly, to facilitate AFG consolidation using the Business Planning and Consolidation (BPC) tool.
• Leading BSS BPC data for the entire Company handled by JH covering every single GL a/c, identify gaps, misses not limited to R2R but covering all Towers.
• Co-ordinate with external auditors and ensure timely submission of documentation and information.

Intercompany accounts monitoring:

• Review related party accounts and identify mismatches.
• Produce actionable insights and share with stake holders.
• Engage with business unit finance teams to drive resolutions. 

Required skills to be successful

• Thorough knowledge of accounting practices in compliance with IFRS/IAS
• Very good understanding of what it takes to prepare financial statements and the ultimate impact of accounting on the income statement, statement of cashflow, and the statement of financial position.
• Ability to analyze financial data using variety tools, including but not limited to MS Excel and Power BI.
• Excellent verbal and written communication skills are a minimum to achieve result-oriented engagement with stakeholders at different levels within the organization.
• Accuracy in everything. To ensure reliability and appropriate actions, accuracy is paramount whether it is accounting or analysis.
• Teamwork in a multicultural work environment is necessary for delivering excellence.

What equips you for the role

• Bachelor’s degree in accountancy/CMA (or similar qualification)
• 8 – 12 years in a similar role with IFRS hands on experience using ERP systems.
• Proven interpersonal skills and is a strong team player.

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.

Tagged as: Al Futtaim, automotive, Dubai, erp, healthcare, ITI, labor, manager, retail, ship

Source ⇲
Al Futtaim Private Company LLC - Custom Search locationMulti:(AE)