Financial Controlling Manager Al Futtaim Automotive UAE

Al Futtaim Group is currently seeking an experienced and qualified individual to take on the role of a Financial Controlling Manager. The selected candidate will support the Financial Controller or Head of Divisional Financial Controlling on delivering, driving Accounting Policy requirements of Division through Division Specific Accounting Policies, provide inputs to Group Finance on new or revision of existing Group Account Policies and liaise, coordinate and support BU Finance in implementation of new accounting policy requirements. 

Duties of Financial Controlling Manager

• Provide accounting guidance / advisory on compliance of Accounting Standard (IAS), Reporting Standards (IFRS) & Group policies.
• Provide support and advisory in on Complex Accounting Judgment, Estimates and Accounting Processes.
• Lead the overall implementation and compliance of Internal Controls Framework and coordinate with Group and BU on any change requirements.
• Assess risks, insurance requirements, engage with insurance partners for insurance coverage for the division.
• Play role in collaboration with BU to maintain and roll-out collection infrastructure.
• Provide Support to Group and Divisional Policy and Advisory Head in developing Financial Internal Controls, Controls Assessment and Reporting or Standardisation Framework.
• Support Group Finance in review, gap analysis and preparation of Group Accounting Policies.
• Support and play key role in drafting Divisional Accounting Policies and Process Notes based on the identified process gaps, internal audit recommendations as well BU request for specific areas requiring accounting guidance and advisory.
• Assisting with the implementation of new accounting policy requirements through producing detailed technical analysis in this area and contributing to Group discussions as subject matter expert.
• Prepare and present accounting training sessions to the Finance & Operations teams where applicable on IAS, Accounting Policies and IFRS.
• Provide Support and Guidance to BU FP&A and Controlling teams on Complex Accounting Judgements.
• Driving the overall Insurance Requirements of Business Units, ensuring coverage of all risk.
• Liaison with Shared Service Centres and BU Finance Team.
• Play key role in driving Balance Sheet Substantiation implementation and rollout process, periodic reviews of misstatement, liaison and escalation of key risk areas for resolution.

What You’ll Do More?

• Prepare necessary details / reports for Entity Level Scorecards / Issues Resolution Drive.
• Review SSF KPI / SLA and initiate discussions with respective stakeholder for review and identification of improvement areas with detailed implementation plan and timelines.
• Liaise with Business Units to align on creation of any Legal entity establishment and closure.
• Ensuring Books of accounts structure are defined for the new entities as well ensuring all the accounting and legal processes are completed for closure of any entities.
• Provide Support on overall tracking of Audit Progress, Alignment with Audit Program and Timelines.
• Coordinate with Shared Services and BU team to ensure that auditor’s requirements are being provided in a timely and accurate manner.
• Support the FM / Sr. FM in Preparation of Standalone / Consolidated Financial Statements of required entities.
• Liaise with Auditors and BU teams on Other Certification Requirement from Auditors.
• Support to FM / Sr. FM on any specific reporting requirement of Group Finance for Fs preparation, Consolidation and other analysis

Requirements for Role of Financial Controlling Manager

The eligibility requirements for role of a Financial Controlling Manager are as under:

• Professional accounting qualification.
• Qualified Professional Accountant (CA, CPA,ACCA).
• At least 5 years relevant experience within a large organization in a supervisory level.

Skills & Knowledge Desired

• Good knowledge of IFRS  and practical application.
• Experience of drafting & reviewing accounting policies
• Knowledge of Financial Statements.
• Good Understanding of Internal Controls and Processes .
• Strong Analytical, process oriented, good communication and presentation skills, exposure to ERP. ( Preferably SAP) and SAP BW/ BPC.
• Should be able to plan and prioritize tasks, persuasive skills, Kaizen attitude, Self-motivated, and a strong team player.

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