Job Description
What you will do
Month End Controlling
- Perform a pre-closing balance sheet review in conjunction with the FSSC team to identify any accounting anomalies to be cleared before 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 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 match 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 the FSSC team
- Support driving any clearing of Balance sheet reconciliations identified post previous month-end closing
- Support document retention compliance process in all BUs 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 the next monthly closing system
- Support the review of SAP to BPC reconciliation every month 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 the FSSC and the 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 the finance process through automation where possible
- Support on Implementation of standard operating processes and practice
- Support any escalations related to DoA/policy compliance
- Drive resolution of matters highlighted by Group Finance/FSSC
- Liaise with the concerned team and communicate the closure of stores & company codes
Skills
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
- Understanding of System governance (especially in SAP)
What equips you for the role
Minimum Qualification and Knowledge
Education
College or University degree in Finance
Qualified Accountant
Minimum Experience
- Big Four Audit experience with 2 years of industry experience will be highly regarded
- Controller experience of at least 3 years
- Knowledge of SAP BPC or SAP Business Warehouse will be highly regarded
- Extensive use of Excel
- Retail experience is a plus
Behavioral Competencies
- 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
Job Details
- Job Location
- Dubai United Arab Emirates
- Company Industry
- Retail & Wholesale
- Company Type
- Employer (Private Sector)
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- 1
