Job closed
Ref: HP698-9015
Job description / Role
Al-Futtaim's Retail Division holds a stable of world class brands operating in buoyant markets with huge growth prospects. Some of our brands are Marks & Spencer, Toys R Us, and IKEA as well as Robinsons with a range of smaller brands selected for their appeal to the markets in which we operate. We currently operate our Retail outlets across the Middle East and in South East Asia.
We have enjoyed phenomenal success throughout the UAE, Egypt and GCC countries. We are in the final stages of outline planning for massive growth and need to prepare for the next phase of this program.
We are looking for an Accounts Supervisor to join our Retail Finance team based in Dubai.
The main responsibilities of this role will involve:
* Ensure accurate and timely preparation / compilation, aggregation, analysis and delivery of budget / MIS reports and presentations;
* Design new dashboards or, modify the existing report formats to improve the quality of information and to highlight key areas for business performance review and decision making
* Analyse current business performance and suggest improvement measures
* Assist in integrating new businesses, enhancing current reporting practices and automation
* Ensure Tax compliances
* Annual Budgeting, 5 Year Plan & Quarterly Forecasts aggregation and analysis
* Preparation of Budget, Forecast or Adhoc Presentations
* Review and Analysis of Periodical MIS and Business Performance Reports.
* Adequate insurances to mitigate  relevant business risks
* Timely and accurate tax payments, submission of returns and completion of assessments
* Timely disbursement of payroll
* Timely and accurate information / report delivery
* Co-ordinate with IT to ensure successful delivery of projects
Requirements
Planning, Budgeting & Forecasting - Prepare templates, verify and analyse the Annual Budgets, 5 Year Plan and Quarterly Forecasts and prepare Retail Division presentations.
MIS and Reporting - Verify, analyse and present the financial and operating performance of the businesses periodically for review by all levels of management and present recommendations for corrective action, if any. Also provide critical analysis on key variances with the budgets - sales mix, gross / net margin, net profit, inventory cover, ageing, shrinkages, provisions, markdown utilized / expense, indirect expenses etc.
Insurance - Ensure adequate insurance cover for all retail businesses in Middle-East, manage monthly review, timely modification of policies, periodical declarations and annual renewals.
Taxation - Understand the taxation laws in the Middle East countries and ensure timely and accurate withholding tax payments, submission of returns by retail businesses and submission of information / documents to facilitate timely and accurate assessments.
* Providing accurate and quality key management information and analysis.
* Information is manually integrated from multiple IT systems.
* Ensure quality in the data integration, aggregation and delivery.
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.