Financial Control Manager | GBS - Controlling | Corporate Services (AE)

Al Futtaim Group
United Arab Emirates
Workplace: OnsiteFull timeFunction: SalesEducation: bachelorsSkills: ["Compliance","Risk management","Stakeholder management","Process improvement","Collaboration"]

Lead central retail controlling activities and financial control tasks for Al Futtaim Retail, ensuring compliance with transfer pricing, balance sheet reviews, and month-end closing. Manage SLAs across retail brands for cost allocations, loyalty program operations, revenue recognition, and accrual/breakage management. Oversee IFRS 16 lease accounting and corporate income tax compliance, partner with auditors, and drive automation initiatives using Power BI, Power Automate, and AI/RPA.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Al Futtaim Group
Al Futtaim Group
7 hours ago

Financial Control Manager | GBS - Controlling | Corporate Services (AE)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 7 hours agoStatus: Live

Job Summary

Lead central retail controlling activities and financial control tasks for Al Futtaim Retail, ensuring compliance with transfer pricing, balance sheet reviews, and month-end closing. Manage SLAs across retail brands for cost allocations, loyalty program operations, revenue recognition, and accrual/breakage management. Oversee IFRS 16 lease accounting and corporate income tax compliance, partner with auditors, and drive automation initiatives using Power BI, Power Automate, and AI/RPA.
Location: United Arab Emirates
Workplace: Onsite
Employment Type: Full time
Job Function: Sales
Seniority: Manager level

Key Responsibilities

  • •Ensure compliance with transfer pricing transactions and conduct balance sheet/high-risk account reviews across inter-company transactions, supported by weekly/monthly reporting.
  • •Manage month-end closing reviews, timelines, and balance sheet reviews; handle closed business cleanup and proactive misstatement reviews and fixes.
  • •Lead and monitor SLAs across retail brands for cost allocations, loyalty program management, revenue recognition (budget vs actuals/true ups), and accruals/breakage management.
  • •Ensure ongoing compliance with IFRS 16 for lease accounting and PPE, including tracking and monitoring reinstatement provisions and providing timely reporting and analysis.
  • •Support compliance with corporate income tax regulations and filings, contribute to audit discussions, and drive AI automation initiatives within the team.

Key Requirements

  • •Bachelor’s degree in Accounting, Finance, Commerce, or related discipline; CA/ACCA/CPA/CIMA preferred.
  • •6-8 years of progressive experience in financial control, financial reporting, audit, or retail finance in a large complex organization.
  • •Strong knowledge of IFRS, especially IFRS 15 (Revenue Recognition) and IFRS 16 (Lease Accounting), including fixed asset accounting.
  • •Experience reviewing balance sheets/high-risk accounts with multiple inter-company transactions and supporting month-end close.
  • •ERP experience, preferably SAP, with exposure to SAP BW/BPC/SAC; automation experience is highly desirable.
Experience:Retail financeFinancial reportingAuditERPSAP
Education:Bachelor's in Accounting, Finance, Commerce, or a related discipline
Skills:ComplianceRisk managementStakeholder managementProcess improvementCollaboration
Certifications:CAACCACPACIMA
Tech Stack:IFRS 15IFRS 16SAPSAP BWSAP BPCSAP SACPower BIPower AutomateAI toolsRPAERPLease accountingRevenue recognitionFixed asset accountingTransfer pricingPPEInter-company transactions

Company Brief

Al Futtaim Group
Al-Futtaim Group is a diversified UAE conglomerate operating across automotive, retail, real estate, finance and services, representing 200+ global brands and serving customers across 20+ countries with over 40,000 employees.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Growth: Established Company
Funding: Bootstrapped
Headquarters: Dubai, United Arab Emirates
Glassdoor
Glassdoor: 3.6
WebsiteLinkedInGlassdoor