Sr. Process & Compliance Executive / P&C Exe | Retail | Marks & Spencer | UAE

Job Requisition ID: 167178 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role:

Assist P&C Manager within the M&S Division in ensuring that all operational, inventorial and financial controls are adequately & uniformly formalized and implemented for the respective business units across all geographies to mitigate risk of loss, safeguard assets and improve operational efficiency.

What you will do: -

Description of Accountability:

Compliance & Processes

• Assist P&C Manager in all compliance & process matters
• Review controls and implement standardised compliance systems
• Implement improvements in existing processes to improve operational efficiency
• Review performance on Key operational areas relating to Store Operations, Inventory Control and other functions like logistics / Merchandising / Buying.
• Create SOPs as required
• Train stakeholders on Processes and Procedures (SOPs)
• Monitor monthly submission of Store Manager compliance checklist with all stores and submit to Retail P&C team.
• Adhere to Store Compliance visit schedule prepared by P&C Manager and submit review results with all stakeholders.

Inventory management

• Plan, schedule and facilitate Physical Inventory Counts in co-ordination with Operations & Logistics teams for both stores and warehouses.
• Summarizing / analysing shrinkage data, providing the final shrinkage for financial posting and preparing IAN as per DOA for final approvals.
• Attending Inventory counts on sample basis to check adherence to Al Futtaim Standard procedures
• Implement control mechanisms based on Count results.
• Managing system posting of counts after brief investigation on variances and necessary approvals.

Special Projects and Store Opening / Closing

• Support P&C Manager in implementation of new Retail & Brand initiatives
• Attend UAT for IT implementations such as new functionalities on ERP systems, inventory modules, etc.

VAT & Excise Duty

• Support in Excise Duty / Other tax submissions in different regions.
• Assist in roll out of VAT and Excise in any new county

Internal Audit

• Tracking and coordinating all reports with respective teams for timely submission and implementation across the business.
• Re-verification of recommendations submitted as audit, for actual implementation.

Required Skills to be successful:

• Analytical Skills
• Time Management
• Communication Skills
• Leadership
• Teamwork
• Managing Processes
• Reporting Skills.

What equips you for the role:

• Bachelor’s degree (Masters Preferred)
• 3-5 years of retail operations experience on a supervisory level
• Experience in merchandising / Storekeeper would be added advantage
• Advanced EXCEL & MS office
• Good knowledge of SAP or another ERP’s
• Verbal communication skills
• Problem solving skills
• Focused

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Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.