Majid Al Futtaim UAE Careers – Financial Controller

Job Description:

The Finance Controller Digital is responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the Ecommerce and Digital objectives and provides stakeholders with relevant financial data for the decision making process. The role holder is also responsible for recommending areas of improvement in order to achieve Ecommerce & Digital targets.

Job Responsibilities:

• Assist in monitoring allocated budget for the BU to ensure compliance and highlight possible issues
• Provide inputs on the preparation of budget when necessary
• Assist in implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management
• Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
• Perform audits on ecommerce operations to minimize risks, prepare corrective actions and proposals for improvement
• Ensure the strict implementation of Internal Audit recommendations
• Ensure alignment of procedures developed by the Finance function
• Guarantee that the fixed asset register is properly maintained
• Ensure that payroll is processed accurately and timely
• Provide inputs for the development of annual manpower plan
• Ensure the implementation of MAF Retail’s corporate policies and relevant procedures
• Ensure proper and adequate insurance coverage
• Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner
• Provide inputs on cost reduction measures for the store
• Build the specific ecommerce/digital KPIs
• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements
• Develop and implement on the job-training for the team
• Control suppliers’ payment terms and consequences
• Monitor stock-check, sleeping stock, receiving controls and analyse shrinkage result
• Manage the monthly cost allocation per ecommerce store
• Risk Management and Insurance Coverage

Job Requirements:

• Knowledge of MS Office, particularly modelling in Excel
• Accounting concepts and knowledge of IFRS
• Bachelor Degree in Finance, Business Administration or Commerce
• Investment appraisal process and capital budgeting
• A minimum of 5 years in a similar role, of which 2+ years in retail business
• Strong analytical and technical skills in financial analysis and reporting
• Good project management skills

Job Details:

Company: Majid Al Futtaim

Vacancy Type:  Full Time

Job Location: Dubai, Dubai, United Arab Emirates

Application Deadline: N/A

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