JOB DESCRIPTION / ROLE
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 Arab 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 organization 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.
Role Overview
This role is reserved for UAE nationals. You will support financial controls, accounting processes, and operational efficiency within the business, ensuring compliance, safeguarding assets, and improving accounting accuracy.
What You Will Do
Month-End Controlling
- Assist in pre-closing balance sheet reviews to resolve discrepancies before book closure.
- Support monthly accruals to ensure they are recorded accurately for the business unit.
- Ensure balance sheet lines are correct and coordinate with FSSC to resolve any misstatements.
- Verify that bank reconciliations align with bank statements and advise on corrections.
- Ensure proper lease accounting entries and support lease renewals or modifications.
- Assist in clearing post-month-end balance sheet reconciliations.
Balance Sheet Reviews
- Conduct audits to ensure all transactions are properly authorized and executed.
- Review balance sheet schedules, driving the resolution of misstatements and open items in the GL.
- Ensure timely balance sheet substantiation submission to group finance.
- Advise on any necessary reclassifications for the next monthly close.
- Help support SAP to BPC reconciliation and minimize unneeded BPC entries.
Support to BU / FSSC
- Help resolve AP issues (e.g., GRIR, open vendor reconciliations, missing invoices or SOAs).
- Ensure PO release strategies comply with the Delegation of Authority (DoA) for non-PO invoices.
- Manage open POs, ensuring timely closure and deletion of obsolete POs and line items.
- Assist FSSC with unresolved bank issues, collections, and unallocated credits.
- Support the implementation of internal audit recommendations.
Automation & Process Improvement
- Assist with the automation of finance processes to improve efficiency.
- Support the creation and implementation of standard operating procedures.
- Help address escalations related to DoA/policy compliance.
Other Responsibilities
- Collaborate with managers and stakeholders on critical financial topics.
- Contribute to process improvement and business excellence initiatives.
- Continuously improve professional knowledge through learning and development.
- Communicate financial concepts clearly to drive desired actions and outcomes within the business.
What You Will Need
Qualifications
- University degree in Finance.
- Accounting qualification preferred.
Experience
- 2+ years in finance or accounting, preferably with Big Four audit experience.
- Familiarity with SAP BPC or SAP Business Warehouse is a plus.
- Strong proficiency in Microsoft Excel; retail experience is a bonus.
Skills
- Strong analytical and problem-solving skills.
- Good understanding of IFRS and internal controls.
- Ability to communicate financial concepts effectively.
- Ability to work under pressure and meet deadlines.
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 personalized 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 behaviors, 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.
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.