BU Controller/Finance Controller

5 فبراير، 2023

0 0 3 دقائق

الوصف الوظيفي

BU Controller/Finance Controller| Al Futtaim Retail | Dubai, UAE

Overview of the role:

Maintain a strong accounting & operational control environment to safeguard assets, improve accounting processes and manage business risks through financial compliance.

Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.

Ensure that the business activities are conducted in accordance with the Financial Control Models (FCM), and you also support the definition of local financial policies and ensure that the adherence to both local and global reporting standard are controlled.

What you will do:-

Description of Accountability:

Month End Controlling

Perform a pre closing balance sheet review in conjunction with the FSSC team to identify any accounting anomalies to be cleared prior to the book closure
Support in the monthly accrual process to ensure adequate accruals have been taken for the BU
Ensure the balance sheet lines are correctly reflecting their balances to avoid an Net debit / credit balance misstatements or any negative Balances in Asset lines. Inform FSSC of any errors to correct
Ensure the bank balance reconciliations provided by FSSC throughout the month are matching with the bank statements – advise on any rectification entries to be passed
Ensure all leasing accounting entries have been passed and check all lease renewals / modifications have been carried out by FSSC team
Support driving any clearing of Balance sheet reconciliations identified post previous month end closing
Support document retention compliance process in all BU’s being managed

Balance Sheet reviews

Complete random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed
Regular review of Balance Sheet schedules provided by FSSC and driving resolution of misstatements/unreconciled open items in GLs
Ensure timely submission of Balance sheet substantiation to group finance
Advise any reclassifications required to be passed by FSSC in next monthly closing system
Support the review SAP to BPC reconciliation on a monthly basis and minimize the entries posted in BPC
Support the review of any audit adjustment entries being passed to ensure opening balances are correctly stated

BU Controlling / Support to FSSC

Help support the Central Division I2P lead on any AP related matter not getting resolved (GRIR Clearing / Open Vendor reconciliations / Missing invoices / Missing SOA)
Drive policy compliant PO release strategy and establish DoA compliance for Non-PO invoices
Drive review of Open POs, timely closure & deletion of POs or open line items
Help in resolving unidentified & unallocated collections/credits in banks in conjunction with the FSSC O2C team by being the main point of contact between FSSC and Commercial team
Help & resolve compliance issues escalated by FSSC

Internal Audit

Ensure all Internal Audit reports are tracked, responded to and recommendations are implemented in conjunction with the Operational P&C Team

Automation / Process improvement

Support the streamlining of finance process through automation where possible
Support on Implementation of standard operating process and practice
Support any escalations related to DoA/policy compliance
Drive resolution of matters highlighted by Group Finance/FSSC
Liaise with concern team and communicate closure of stores & company codes

Other Key Responsibilities

To liaise with relevant managers and stakeholders to ensure full collaboration and understanding on critical topics.
Contribute to the improvement of the solutions and business processes.
Maintains and upgrades professional knowledge, management skills and domain expertise by using continuous learning & development tools.
Contribution to business excellence initiatives
Peer appreciation and feedback
Continual development of team and product application skills
Maintain an excellent rapport with the business.

المهارات

Required Skills to be successful:

Microsoft Office, particularly Excel
PC skills
Analysis and troubleshooting
Strong technical account knowledge and audit experience needed
Solid experience in International Financial Accounting Standards (IFRS).
Understanding of internal controls
Individual Accountability
Communication & interpersonal skills
Personal Integrity
Strong analytical skills & problem solving skills
Ability to follow-up on outstanding issues
Ability to work effectively as part of a team
Ability to manage time & work under pressure
Readiness to persevere with difficult tasks
Ability to be assertive without being aggressive
Able to focus and drive tasks to completion

What equips you for the role:

Bachelor Degree in finance (Qualified Accountant)
8-10 years’ experience in in similar role.
Big Four Audit experience with 2 years industry experience will be highly regarded
Controller experience of at least 3-4 years
Knowledge of SAP BPC or SAP Business Warehouse will be highly regarded
Extensive use of Excel
Retail experience is a plus
Taking Initiative
Drive for Results
Good communication skills (verbal and written)
Strong/excellent attention to detail