Manager - Finance

MAJID AL FUTTAIM; Dubai; On-site; AED 167,400 - 223,200; Full time

Job summary

MAJID AL FUTTAIM is seeking a Manager - Finance for their Head Office in Dubai. The successful candidate will oversee general ledger accounts for hypermarkets and supermarkets while ensuring compliance with corporate finance policies. With a focus on accuracy and teamwork, this role involves close collaboration with external auditors and support for departmental cost-reduction initiatives.

A successful candidate will have a Bachelor’s degree in Finance or Commerce, an MBA preferred, and a minimum of 6 years experience in finance management, especially in retail.

Qualifications

• 6+ years in a Finance department and a managerial role.
• 2+ years in the retail business.

Responsibilities

• Oversee general ledger accounts for hypermarkets and supermarkets.
• Ensure accuracy and compliance with finance policies and procedures.
• Develop control mechanisms for budget compliance.

Skills

Financial management

Budget compliance

Accounting standards

Cost reduction strategies

Education

Bachelor degree in Finance or Commerce

MBA in Finance or Commerce

Job description

JOB TITLE

Manager - Finance | MAF Retail | Head Office UAE

ROLE SUMMARY

The Manager - Finance (GL) is responsible for overseeing the general ledger accounts for all hypermarketsand supermarkets within the country and controlling the accuracy of the same in strict compliance with thefinance policies and procedures of the company and international accounting standards.

ROLE PROFILE

• Set appropriate control mechanisms to ensure budget compliance and takes corrective measures whennecessary.
• Develop and implement control mechanisms to ensure accuracy of the accounts and align them withgroup guidelines / policies and international standards.
• Ensure the accuracy of all G/L accounts, and that all payments and taken provisions are booked correctlyand timely as per agreements or internal policies and procedures.
• Ensure that all intercompany reconciliations are done correctly and on time.
• Lead the process of closing annual accounts balances in coordination with all the concerned customersand suppliers, ensuring a complete and accurate closing.
• Coordinate with external auditors, by providing them with the required financial information requestedduring audits, and solving any accounting non-compliances observed.
• Work closely with other department heads to understand their concerns and support with best-practisesolution proposals.
• Monitor allocated budget to ensure compliance and take corrective measures when necessary.
• Responsible for the overall cost reduction of general expenses within the country, proposing andreviewing cost reducing activities and monitoring the effectiveness of the implemented solutions.
• Recommend improvements to departmental policy and implement procedures and controls coveringall areas of finance function, so that all relevant procedural/ legislative requirements are fulfilled whiledelivering quality, cost effective service to customers.

REQUIREMENTS

• Bachelor degree Finance or Commerce.
• MBA in the same field preferred.
• 6+ years in a Finance department and a Managerial rol.
• 2+ years in the retail business.

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.