Retail Manager à Émirats arabes unis

Job Requisition ID : 171256

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enable the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role :

As the Financial Control Manager in Al Futtaim Retail Head Office, you will lead Central Retail Controlling tasks, ensuring compliance with organizational policies and procedures, and implementing necessary checks and balances to mitigate risks.

What you will do :

• Ensure compliance with transfer pricing transactions, balance sheet/high-risk account reviews, considering multiple inter-company transactions in conjunction with finance controls, along with weekly/monthly reporting in line with organizational requirements.
• Ensure intercompany transactions comply with group policies and are settled on a timely basis.
• Contribute to process improvements, identify accounting and financial issues, and suggest timely solutions within the team and across functions to standardize accounting processes (FSSC, O2C, Group Tax, Group Finance, P&C, etc.).
• Lead, monitor, and establish SLAs across retail brands, including cost allocations, loyalty program management, revenue recognition (budget vs. actuals, true-ups), accruals, and breakage management.
• Facilitate and reduce delays in issuing store turnover audits/certifications across MENA & SEA retail stores from external auditors.
• Establish, monitor, and facilitate decision-making regarding insurance coverage for the retail group, including premium negotiations and claims recoverability.
• Ensure proper implementation and ongoing compliance with IFRS 16 lease accounting standards and PPE accounting.
• Manage and oversee the company's lease portfolio, ensuring all lease transactions are accounted for according to IFRS 16, with timely financial reporting and analysis.
• Track and monitor promotions and gift vouchers issued across the retail environment.
• Ensure compliance with UAE’s corporate income tax regulations, including preparation, documentation, and filings. Assist in tax planning activities to optimize tax liabilities and ensure compliance.
• Prepare and lead presentations with cross-team/stakeholder engagement on a monthly and ad-hoc basis.
• Manage petty cash for the retail divisional office, including monthly and annual reporting.
• Collaborate with internal and external auditors during audits, ensuring accurate and compliant reporting according to IFRS and policy requirements.

What you will need :

• Bachelor’s degree in Finance, Accounting, or a related field.
• 5+ years of experience in financial controlling or auditing, preferably in retail.
• Strong knowledge of IFRS (especially IFRS 16), transfer pricing, and UAE tax compliance.
• Excellent analytical, communication, and leadership skills.
• Proficiency in financial reporting and ERP systems.
• Detail-oriented, proactive, and capable of working cross-functionally.

We’re here to provide excellent service, and your contribution will help ensure a five-star candidate experience from start to finish.