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Financial Controlling Lead | Al-Futtaim Retail | Dubai

5.00 to 7.00 Years   Dubai, United Arab Emirates   02 Jan, 2022
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

About the Role:Maintain a strong accounting & operational control environment to safeguard assets, improve accounting processes and manage business risks through financial compliance.Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviours.Ensure that the business activities are conducted in accordance with the Financial Control Models (FCM), and you also support the definition of local financial policies and ensure that the adherence to both local and global reporting standards are controlled.?Key Responsibilities:

  • Create and ensure compliance with operational accounting policies.
  • Advise the Senior Financial Controller on existing and evolving operating/financial issues.
  • Responsible for all accounting processes, and standard operating procedurer.
  • Perform effective training and management on the accounting procedures.
  • Implement compliance with Transfer pricing transactions.
  • Responsible for maintaining the chart of accounts and effectively communicate any changes being made / new accounts being opened with the purpose of use.
  • Responsible for Document retention compliance in all geographies.
  • Managing the impairment workings activities during HY and YE audits.
  • Perform spot cash counts / inventory write off reviews from a Financial control element.
  • Ensure all Internal Audit reports are tracked, responded to and recommendations are implemented in conjunction with the Operational P&C Team.
  • Assist in the development of a centralized process for the management of Retail Insurance and ensure risks are adequately covered and maintained.
  • Issue yearly insurance guidance in advance with the latest requirements to ensure compliance.
  • Complete random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed.
  • Ensure monthly balance sheet reviews are conducted.
  • Support the streamlining of finance process through automation where possible
?Other Key Responsibilities:
  • To liaise with relevant managers and stakeholders to ensure full collaboration and understanding on critical topics.?
  • Contribute to the improvement of the solutions and business processes.
  • Maintains and upgrades professional knowledge, management skills and domain expertise by using continuous learning & development tools.
  • Contribution to business excellence initiatives.
  • Peer appreciation and feedback.
  • Continual development of team and product application skills.
  • Maintain an excellent rapport with the business.

Keyskills :

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