Controlling Analyst

Job description / Role

Company Overview

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 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

The SMT Financial Control Executive is responsible for overseeing the Controlling Analyst processes, ensuring accuracy in payment and invoice processing, and compliance with tax regulations. The role involves validations of petty cash, vendor, and intercompany invoices to maintain proper accounting integrity. The executive will conduct monthly reviews of related General Ledger accounts and manage vendor reconciliations to identify and resolve discrepancies. Contributions to audit processes and process improvement initiatives are also key to success, ensuring the efficiency and accuracy of the Accounts Payable function within the Retail division.

What You Will Do

Review and validate petty cash vouchers, ensuring compliance with company policies and proper documentation support.
Verify legitimacy of petty cash claims and ensure expenditures are justified before processing payment.

Validate vendor invoices for tax compliance in line with relevant tax laws and regulations.
Ensure invoices meet the company’s approval hierarchy before processing, approved by authorized personnel.

Review and validate intercompany invoices in the system, ensuring accuracy of related documentation.
Coordinate with relevant departments to resolve discrepancies and ensure prompt acknowledgment and clearance of open items.

Perform monthly reviews of General Ledger accounts related to Accounts Payable for accurate postings and balances.
Provide explanations for discrepancies and collaborate with the accounting team for rectification.

Conduct regular vendor account reconciliations, ensuring transactions are accurate and properly documented.
Investigate and resolve discrepancies or misstatements in vendor accounts, working with vendors and internal teams.

Support the year-end audit process by providing necessary documentation and explanations related to Accounts Payable transactions.
Assist in streamlining and improving the Accounts Payable process through process improvements and automation.

Required Skills to Be Successful

What Qualifies You for the Role

Candidate Experience

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.

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.