Financial Control & Automation Lead

ACCA Careers; United Arab Emirates; On-site; AED 350,000 - 550,000; Full time

Job summary

Al-Futtaim, Dubai-based retailer, seeks a Financial Control Manager to lead central retail controlling, ensuring policy compliance and risk mitigation across inter-company transactions and reporting.

You will drive IFRS 16 lease accounting, balance sheet reviews, and cross-functional collaboration with internal and external auditors, while advancing automation initiatives within the team.

Qualifications

• Bachelor's degree in Accounting or related discipline; professional qualification such as CA, ACCA, CPA, or CIMA is highly preferred.
• 6–8 years of progressive experience in Financial Control, Financial Reporting, Audit, or Retail Finance within a large, complex organization.
• Familiarity with ERP systems, preferably SAP, and exposure to SAP BW/BPC/SAC.
• Strong knowledge of IFRS standards, particularly IFRS 15 (Revenue Recognition), IFRS 16 (Lease Accounting), and fixed asset accounting.
• Experience in developing automation initiatives using Power BI, Power Automate, AI tools, RPA, or other digital finance solutions is highly desirable.

Responsibilities

• Ensure compliance with Transfer pricing transactions, Balance Sheet / High Risk Accounts review considering multiple Inter-Company Transactions with Finance Controls and weekly / Monthly Reporting.
• Enhanced Month end closing reviews & timeline management with various stakeholders; support on balance sheet reviews and corrective actions.
• Lead, monitor & establish SLAs across Retail Brands including Cost Allocations, Loyalty Program Management, Revenue Recognition – Budget Vs. Actuals / True Ups, Accruals & Breakage Management.
• Proper implementation and ongoing compliance with IFRS 16 for lease accounting & PPE, including tracking, updating & monitoring Reinstatement provisions & reporting.
• Oversee & monitor Store Insurances, Gift Voucher / Promotion Management, Blue Loyalty Program, Cost Allocations & Inter Company transactions.
• Collaborate with auditors during audits, ensuring information is accurately reported & compliant with IFRS/Policy requirements.
• Initiate, establish & support AI initiatives within the team to optimize automation.

Skills

IFRS knowledge

Cross-functional collaboration

Education

Bachelor's degree in Accounting

CA / ACCA / CPA / CIMA preferred

Tools

SAP

Power BI

Power Automate

RPA

AI tools

Job description

Al-Futtaim, Dubai-based retailer, seeks a Financial Control Manager to lead central retail controlling, ensuring policy compliance and risk mitigation across inter-company transactions and reporting.

You will drive IFRS 16 lease accounting, balance sheet reviews, and cross-functional collaboration with internal and external auditors, while advancing automation initiatives within the team.