Assistant Manager - Process & Compliance

Job description / Role

Process & Compliance - Assistant Manager - Retail - Finance Shared Services Unit - Cairo, Egypt

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, Ace, IKEA , Guess, Esprit, Plug-Ins 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 GCC, Levant, Egypt and in South East Asia.

Alfa Egypt Trading Co is the Al-Futtaim Retail Divisions Egypt Operating Company. We have enjoyed phenomenal success throughout Egypt.

We are in the final stages of outline planning for massive growth and need to prepare for the next phase of this program in Egypt.
* Assist in ensuring that all operational and financial controls are adequately & uniformly formalized and implemented for the respective business unit across Egypt, Jordan, Lebanon and KSA to mitigate risk of loss, safeguard assets and improve operational efficiency.
* Assist in all Investigation and Surprise checks as directed by Process & Compliance - Retail
* Assist in cross-functional business projects across Retail Division.
* Review controls and Implement standardised compliance system
* Analyse store operations and work flow of the retail stores to identify opportunities and develop action plans.
* Implement improvements in existing processes to improve operational efficiency
* Train and Implement stakeholders on Processes and Procedures
* Review performance on Key operational areas relating to Store Operations and Inventory Control.
* Monitor and measure the benefits of post process implementation to track progress.
* Assist in Project Based Engagements and Operational due diligence for new business acquisitions
* Identify Spend Management areas across Retail Businesses, and assist in Sourcing Planning and Execution.
* Assist in Internal Investigation as directed

Requirements

* MBA - Finance / Operations management
* 5 years minimum retail experience at managerial level.
* Working knowledge in SAP - ERP system and business process mapping software.
* Should be able to effectively interact and work within and outside team.

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.