Financial Control Manager | GBS - Controlling | Corporate Services

Tanqeeb; Abu Dhabi; On-site; AED 300,000 - 480,000; Full time

Job summary

Tanqeeb, headquartered in the United Arab Emirates, seeks a Financial Control Manager at Al Futtaim Retail Head Office to lead central retail controlling and ensure adherence to policies. You will oversee inter-company transactions, balance sheet reviews, and monthly reporting with strong governance.

The role requires IFRS expertise (IFRS 15, IFRS 16), SAP experience, and a track record in automation using Power BI, Power Automate, and AI tools to optimize process efficiency and risk controls.

Qualifications

• Bachelor's Degree in Accounting, Finance, Commerce, or related discipline; professional qualifications highly preferred.
• 6-8 years of progressive experience in Financial Control, Financial Reporting, Audit, or Retail Finance in a large organization; SAP exposure.
• Strong IFRS knowledge, especially IFRS 15 and IFRS 16.
• Automation experience using Power BI, Power Automate, AI tools, RPA, or other digital finance solutions.

Responsibilities

• Ensure transfer pricing compliance and inter-company transactions with reporting.
• Lead month-end closing and balance sheet reviews with stakeholders.
• Oversee revenue recognition, cost allocations, and breakage management.
• Ensure IFRS 16 lease accounting and PPE compliance; monitor reinstatement provisions.
• Lead audits with internal/external teams and drive AI automation initiatives.

Skills

Financial Control

Financial Reporting

Audit

Retail Finance

6-8 years experience

Education

Bachelor's Degree in Accounting

CA/ACCA/CPA/CIMA

Tools

SAP

SAP BW/BPC/SAC

Job description

As the Financial Control Manager in Al Futtaim Retail Head Office and lead Central Retail Controlling tasks while complying with organization’s policies and procedures and ensuring necessary checks and balances to mitigate risks.

What you will do

• Ensure compliance with Transfer pricing transactions, Balance Sheet / High Risk Accounts review considering multiple Inter-Company Transactions which are in conjunction with Finance Controls along with weekly / Monthly Reporting in line with Organization requirements.
• Enhanced Month end closing reviews & timeline management with various stakeholders & support on balance sheet reviews, closed business active clean up, Misstatement proactive reviews & addressing fixes
• 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 accounting standards for lease accounting & PPE, including tracking, updating & monitoring Reinstatement provisions & providing timely financial reporting and analysis wherever required
• Oversee & monitor critical areas such as Store Insurances, Gift Voucher / Promotion Management, Blue Loyalty Program, Cost Allocations & Inter Company transactions
• Ensure compliance with corporate income tax regulations, including preparation & documentation, and any other required filings. assist in tax planning activities, including identifying opportunities for tax optimization, minimizing liabilities, and ensuring compliance with applicable tax laws & regulations.
• Prepare & lead presentations with cross team / functional stakeholders on monthly & adhoc basis
• Contribute to the Improvement, Identify Accounting & Financial issues & suggest timely solutions within the team & cross function with an aim to standardize accounting process (FSSC, O2C, Group Tax, Group Finance, P&C etc)
• Collaborate & lead discussions with external & internal auditors during audits, ensuring that all information is accurately reported & compliant with IFRS / Policy requirements
• Initiate, establish & support on AI initiatives within the team to optimize automation & address current / future automation opportunities.

Desired Candidate Profile

• Bachelor's Degree in Accounting, Finance, Commerce, or a 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.

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