Senior Finance Manager

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 Senior Finance Manager serves as a key figure in ensuring financial and commercial excellence within the Corporate Division. This role demands a strong leadership presence in managing financial processes, optimizing outcomes, and driving strategic initiatives. Partnering closely with stakeholders and shared services, the manager delivers actionable insights and fosters cross-departmental collaboration. Automation, AI, and advanced analytics are emphasized for efficiency, where the manager guides digital transformation efforts in the finance sector. They ensure compliance with organizational policies, safeguarding accuracy, timeliness, and integrity of financial information, and manage expenditure and reporting against IFRS and UAE tax laws.

What you will do

Financial Controlling

• Preparing deck for monthly controlling review meeting
• Monthly balance sheet substantiation, regularizing misstatements timely, ensuring best quality of books
• Review account reconciliations regularly - bank, IFRS 16, investments, IC loans, passthrough, etc. and help clearing open line items
• GL supervision: regular review of trial balance and GL schedules ensuring correctness of accounting and timely resolution of issues
• Monthly book closure: providing month close provision and other inputs to FSSC, pre-close and post-close review of trial balance
• Accounts receivable, accounts payable, and inventory management - resolving issues related to IC receivables/payables
• Cashflow management: biweekly forecast, monthly actuals vs budget/forecast
• Review of AFEs (approval for expenditure)
• Releasing purchase orders and liaising with various stakeholders
• Releasing IT service requests for corporate entities
• Managing ad hoc deliverables
• Monitoring and providing guidance to overseas accountants
• Preparing standard operating procedures (SOPs)

Continuous improvement

Audit

• Managing statutory audits of UAE and overseas corporate entities
• Engaging with auditors and agreeing on timelines
• Liaising with FSSC and auditors closely, resolving issues ensuring group timelines are achieved
• Review of financial statements prepared by FSSC
• Submitting weekly audit tracker
• Managing internal audits, supporting auditors with required information, responding timely to audit reports and ensuring recommendations are implemented

Projects & digital transformation

• Managing automation and process improvement projects liaising closely with EIT and other related functions ensuring timely implementation of solutions
• Identifying areas of improvement, preparing business requirement documents (BRDs), performing user acceptance testing (UAT) for various projects

Risk management & compliance

• Ensuring compliance to group policies and practices
• Ensuring compliance with accounting standards
• Liaising with insurance to cover risk

Stakeholder engagement & business partnering

• Effective collaboration with senior management and cross-functional teams
• Providing fact-based financial insights to influence strategic decisions
• Building strong partnerships across departments

Required skills to be successful

• Strong analytical skills linking results to drivers and influencing business decisions using fact-based financial information
• Capability to deploy and monitor ERP solutions (such as SAP) effectively
• Proficiency in financial planning and analysis (FP&A) with exposure to senior management
• Strategic thinking and ability to champion digital transformation initiatives in finance

What qualifies you for the role

• Professional accounting qualification (CA/CPA) with proven expertise in financial and management accounting and reporting
• 8-12 years of well-rounded experience in finance and accounting, preferably with background in one of the big four audit firms
• Strong core finance technical skills with deep understanding of balance sheet, cash flow statements, profit and loss, and IFRS standards
• Experience with ERP systems (SAP FICO, BPC, BI, etc.) and proficiency in MS Office applications

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.