Overview of the roleKey team member of Group Finance:
Developing and monitoring the implementation of Group-wide Financial policies
Reviewing Finance Delegation of Authorities and drive their rationalization
Evaluating Finance risks and controls and driving initiatives to improve them
Supporting the review and sign-off of all Finance group-wide operations documentation
Providing Group Finance inputs into Internal and External audit processes
ÿWhat you will doDeveloping and monitoring the implementation of Group wide financial policies
Review of existing financial policies in the areas of Fixed Assets, Inventory, Debtors, Provisioning, Revenue Recognition etc.
Development and revamp of Financial policies and monitoring their implementation and adherence to.
Work with the Human Resources Department and others as appropriate to develop an effective compliance training program
Reviewing Financial Delegation of Authorities and help drive their rationalization
Review and drive updates to Financial DOA
Review and drive the setting up of Financial limits
Evaluating risks and controls and driving initiatives to improve them
Review of existing processes and procedures in the areas of Fixed Assets, Inventory, Debtors, Provisioning, Revenue Recognition etc.
Evaluate risks, both financial and operational and drive specific initiatives to improve the Financial controls environment.
Leverage process improvement strategies to perform analysis of Quality Systems, Records and Information processes and policies.
Drive the process of documentation of the various Financial processes via Blue-works
Supporting the review and sign-off of all financial operations documentation
Review all documentation in relation to financial operations- Financial Reconciliation, Order to Cash, Procure to Pay, Record to Report, Payroll, Credit Risk Management - for compliance with Group policies, best practice governance etc. before being signed off by authorised signatories.
Support the organization in driving a culture and behaviour that exceeds Standards of Conducts and Code of Ethics.
Providing Group Finance inputs into Internal and External audit processes
Support the processes in relation to Group Internal Audit of Group Financials
Function as independent objective body that reviews and evaluates compliance issues/concerns within the Divisions
Managing Complexity
Anticipates potential organizational barriers and how to turn them into support understanding the culture, norms and rules of Al-Futtaim
Is aware of what is going on in the organization and understands what is happening outside one?s own immediate sphere
Builds a workforce capable of operating in a diverse environment that meets local needs
Uses an in-depth understanding of diverse stakeholders from across the network in order to inform business strategy and achieve result
Influencing Others
Anticipates and prepares for others? likely reactions when deciding how to persuade, and incorporates their views and feedback to increase buy-in
Understands cultural di?erences and adapts their in?uencing style and approach to best e?ect
Identifies and lobbies opinion makers by taking time to soundboard ideas with them
Confidently, articulately and persuasively presents information and arguments in a range of forums
Working Across Boundaries
Builds relationships by genuinely valuing diversity of opinions, expertise and background
Works to ?nd ?win-win? solutions that can bene?t all parties
Actively challenges silo working avoiding duplication of e?ort
Role model?s collaboration by establishing by establishing mutually bene?cial relationships across businesses that maximize commercial opportunities
Proactively works to minimize the adverse impact of one?s decisions on the other departments
