Country Finance Manager

Job description / Role

- Review and challenge merchandise performance in terms of actual results and objectives: sales volumes, margins, supplier benefits%, cash flow from operations, etc.
- Review and challenge expenses in terms of actual results and objectives: contractual cost, benchmark, productivity, etc.
- Guarantee the respect of procedures (including accounting procedures), DOA, etc across all the stores and head office
- Ensure the accuracy and timely preparation of monthly results, forecasts, yearly budget, 5-year plan and financial statements,
- Review and challenge monthly results and forecasts of all the business units in the Country
- Manage the company’s accounting and financial control functions and teams.
- Provide ongoing performance related advice for the Country Manager and other senior managers.
- Ensure overall control of all financial transactions.
- Ensure respect of the regulatory requirements regarding all the company’s financial affairs.
- Liaise with external and internal auditors.
- Responsible for managing tax affairs of country to ensure all tax returns / payments are reviewed and filed/paid in a timely manner; managing tax audits & correspondence with tax authorities.
- Monitoring changes / developments in local tax laws and recommending changes necessary / desirable as a result of developments.
- Constantly identifying & executing tax planning initiatives in line with Group Tax Strategy.

Requirements

- Languages: English (advanced verbal and writing), Arabic (plus but not critical)
- Sound knowledge of MS Office, particularly modeling in Excel
- Good work organization and team management
- Good presentation skills
- Open-minded and able/ready to learn
- Able to lead
- Approachable and team oriented
- Independent and able to challenge
- Accounting concepts and related IT systems
- Retail, in particular store and merchandise management
- Investment appraisal process and capital budgeting and in retail operations
- Experience in financial control, store finance or operations would be a plus
- Preferably master in finance, business administration or commerce (one of those); baccalaureate could be accepted.
- Other professional certifications like CA, CPA, CMA would be a plus.

About the Company

A franchise agreement with one of the world's largest retail chains Carrefour, allowed Majid Al Futtaim Retail to competitively introduce the first hypermarket model to the region in 1995 providing shoppers with variety and value.

Today, Majid Al Futtaim Retail owns 100% of the Carrefour franchise in 38 markets across MENA and central Asia, Africa and Russia.

Majid Al Futtaim Retail opened its first hypermarket in City Centre Deira - UAE, and through the years expanded to more than 180 Carrefour stores in 15 countries across the region.

Carrefour is dedicated to rewarding its loyal customers and offering access to a unique shopping experience through special offers and promotions throughout the year.

We are a family of more than 30,000 employees from more than 75 nationalities and we are committed to Create Great Moments for everyone, every day. Sounds appealing? Come join us and have the opportunity to challenge yourself in a unique work experience.