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Financial Controller | Real Estate | Contracting

1.00 to 10.00 Years   Dubai, United Arab Emirates   18 Dec, 2023
Al Futtaim Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

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 worlds 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.ÿBy 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 dayOverview of the roleJoin us in the dynamic role of overseeing and optimizing the Finance and Accounting function. As a key player, youll strategically plan, adeptly manage, and rigorously control financial operations within the realms of accepted accounting principles, local and international statutory standards, and our corporate finance governance framework. Your mission? Delivering timely and precise financial insights to fuel efficient cash flow management and propel the realization of Construction Services strategic business objectives.ÿWhat you will doÿ

  • Ensure compliance of Finance policies, operating procedures, and strategy (incl. DOA).
  • Contribute to financial planning based on current financial performance and anticipated commercial/operational; developments, develop and report financial trends over a strategic timescale so that organisation is aware of anticipated revenues and cash flows so that financial opportunities can be capitalised upon, and capital plans can be assimilated.
  • Supervise the day-to-day operations of the financial function to ensure that work processes are implemented as designed and comply with established policies, processes and procedures, and reporting timetable.
  • Ensure the accuracy of data and adherence of the accounting system to the International and Local Accounting Standards.
  • Lead the execution of month-end and year-end closing activities of the base as per corporate financial policies and procedures, maintain and reconcile general ledger accounts ensuring quality and efficiency in the deliverables.
  • Cash management for Construction Services in order to ensure healthy cash flow. Oversees the forecast of different budgets and actuals expenditures to determine expected surplus funds/cash flow, on periodic basis and report findings with recommendation to be used in the financial planning.ÿ
  • Ensure that the development of periodical financial reports, cash flow statements etc. are in line with international, government, financial and commercial standards in order to keep the decision makers informed about the financial health of the base whilst recommending remedial action where necessary.
  • Provide due support and recommendations to the Commercial department / Tendering Department as required.

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