Associate - Finance | Emirati Talent

MAJID AL FUTTAIM; Dubai; On-site; AED 90,000 - 130,000; Full time

Benefits offered by this job

Friendly environment

Positive work culture

Leadership Model

Job summary

Majid Al Futtaim is seeking an Associate – Finance for MAF Retail in the UAE. The role involves postings across payables, payroll, asset and general ledgers to ensure accurate data entry in line with financial accounting principles.

You will gather data, manage ledgers, review invoices, and handle payments per contract terms. The ideal candidate has 2–4 years in a similar role, with FMCG/hypermarket experience and strong analytical abilities.

Qualifications

• Bachelor’s degree in accounting/finance or related field.
• 2–4 years of experience in a similar role.
• Experience in FMCG industry and hypermarkets is a must.
• Excellent analytical skills.

Responsibilities

• Gather and verify financial data related to accounting.
• Maintain and review purchase ledgers and monitor expenses against budget.
• Review invoices for accuracy and veracity; process payments to vendors per contract terms.
• Prepare bank reconciliations across multiple banks and align journals with statements.
• Ensure month-end and year-end closing processes are completed efficiently.
• Prepare and review monthly, quarterly, and annual accounting statements and managerial reports.

Skills

Analytical skills

Attention to detail

Education

Bachelor’s Degree in Accounting/Finance

Job description

BUSINESS INTRODUCTION

Majid Al Futtaim Holding is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 43,000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.

JOB TITLE

Associate – Finance | MAF Retail | Hypermarket UAE

ROLE SUMMARY

The Associate – Finance is responsible for financial postings covering the areas, but not limited to, payables, payroll, asset and general ledgers to ensure that precise data are updated to the system and are properly executed in line with MAF Retail’s established financial accounting principles and procedures.

ROLE PROFILE

• Gather and verify financial data related to accounting
• Maintain and review purchase ledgers to ensure that all expenses are accurately posted and monitored against the set budget
• Review invoices to be paid in order to ensure accuracy and veracity of invoices
• Process payments to vendors and contractors as per the contract’s terms, including advance payment and penalties
• Prepare bank reconciliations for all accounts in different banks to ensure that entries in the journals are matched and aligned with the bank statements
• Review adjusting entries passed and ensure that suppliers’ accounts are updated and any control
• Handle and ensure that month-end and year-end closing process is completed and entries booked efficiently
• Prepare and review monthly, quarterly and annual accounting statements and managerial reports in a timely and accurate manner

REQUIREMENTS

• Bachelor’s Degree in Accounting, Finance
• 2-4 years of experience in a similar role
• experience in FMCG industry and hypermarkets are a must
• Excellent Analytical skills

WHAT WE OFFER

• At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
• Work in a friendly environment, where everyone shares positive vibes and excited about our future.
• Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.