Manager Financial Reporting

Job description / Role

Overview of the role:

The financial reporting manager acts as the lead for preparation of financial statements and coordination of external audits for assigned entities and territories. The role is integral in maintaining a strong accounting and operational control environment, improving accounting processes, and managing business risks through financial compliance. The manager must communicate financial concepts in a clear and persuasive manner to influence desired behaviors within the organization.

What you will do:

• Support the creation and ensure compliance with operational accounting policies.
• Perform effective training and management on the accounting procedures.
• Maintain the chart of accounts and effectively communicate any changes or new accounts.
• Prepare standalone and consolidated financial statements.
• Support the preparation and conduct workshops for IFRS standards.
• Prepare all documentation required for the sign-off of the financial statements.
• Perform opening retained earnings reconciliation between financial statements and SAP and other ERPs.

• Coordinate with external auditors on audit requests.
• Cross-functional coordination with different business units, divisions, and tower heads for variance analytics and business updates.
• Prepare technical memos on IFRS for significant transactions and accounting matters.
• Support impairment workings activities during half-year and year-end audits.
• Consolidate, review, and validate audit adjustments ensuring correct posting in SAP and BPC.

• Support the tax tower in responding to financial statements related queries.
• Help prepare corporate income tax filings.
• Ensure timely completion of financial statements to avoid late tax filings.
• Coordinate with the tax tower to resolve tax-related queries from external auditors.

• Ensure document retention compliance in all geographies.

• Support the streamlining of financial statements preparation automation project.
• Liaise with external consultants.

• Liaise with relevant managers and stakeholders for collaboration on critical topics.
• Contribute to the improvement of solutions and business processes.
• Maintain and upgrade professional knowledge, management skills, and domain expertise.
• Contribute to business excellence initiatives.
• Gather peer appreciation and feedback.
• Maintain rapport with the business.

Required skills to be successful:

• Strong technical account knowledge and audit experience.
• Extensive experience in Microsoft Office, particularly Excel.
• Solid analytical and troubleshooting abilities.
• Deep understanding of International Financial Reporting Standards (IFRS).

What qualifies you for the role:

• College or university degree in finance, business, or related majors.
• Qualified accountant certification is required.
• 5 to 6 years of audit experience, preferably from a Big Four firm.
• 2 years of industry experience is preferable.
• Knowledge of SAP BPC or SAP Business Warehouse is highly regarded.
• Extensive use of Excel and a deep understanding of IFRS.

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.