Associate Manager - Finance
At a Glance
- Category
- 🏦 Finance & Banking
- Level
- Mid-Level
- Type
- Full-time
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JOB TITLE
Associate Manager - Finance | MAF Retail | Head Office UAE
ROLE SUMMARY
The Associate Finance Manager is responsible for ensuring financial governance across store & warehouse operations and monitor key operational & financial processes.
ROLE PROFILE
• Monitor waste, shrinkage, and stock movement across stores and warehouses.
• Facilitate stock audits and reconcile inventory discrepancies.
• Ensure accuracy of item costs, margins, and inventory-related transactions.
• Monitor pending GRNs and invoicing processes and coordinate with relevant stakeholders.
• Support initiatives to reduce stock losses and improve inventory controls.
• Manage fixed asset processes, including capitalization, asset tracking, and write-offs.
• Oversee cash handling, tender reconciliations, petty cash utilization, and cash spot checks.
• Monitor operating expenses and support budget control across stores and warehouses.
REQUIREMENTS
• Bachelor's Degree in Finance, Accounting, Commerce, Business Administration, or a related field.
• 5-8 years of experience in Finance, Audit, Financial Controlling, or Store Operations Finance within Retail, FMCG, Hypermarkets, Supermarkets, or Consumer Goods industries.
• Strong experience in inventory accounting, stock reconciliation, shrinkage control, and operational finance.
• Experience working with ERP systems such as SAP, Oracle, or similar platforms.
• Advanced proficiency in Microsoft Excel and financial analysis.
• Strong analytical, problem-solving, communication, and stakeholder management skills.
WHAT WE OFFER
- At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
- Work in a friendly environment, where everyone shares positive vibes and excited about our future.
- Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.
Requirements
- •Bachelor's Degree in Finance, Accounting, Commerce, Business Administration, or a related field
- •5-8 years of experience in Finance, Audit, Financial Controlling, or Store Operations Finance
- •Experience in Retail, FMCG, Hypermarkets, Supermarkets, or Consumer Goods industries
- •Strong experience in inventory accounting, stock reconciliation, and shrinkage control
- •Experience working with ERP systems such as SAP or Oracle
- •Advanced proficiency in Microsoft Excel and financial analysis
- •Strong analytical, problem-solving, communication, and stakeholder management skills
Responsibilities
- •Monitor waste, shrinkage, and stock movement across stores and warehouses
- •Facilitate stock audits and reconcile inventory discrepancies
- •Ensure accuracy of item costs, margins, and inventory-related transactions
- •Monitor pending GRNs and invoicing processes and coordinate with relevant stakeholders
- •Support initiatives to reduce stock losses and improve inventory controls
- •Manage fixed asset processes, including capitalization, asset tracking, and write-offs
- •Oversee cash handling, tender reconciliations, petty cash utilization, and cash spot checks
- •Monitor operating expenses and support budget control across stores and warehouses
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Majid Al Futtaim is a leading conglomerate in the Middle East, Africa, and Asia. They own, operate and develop shopping malls, communities, businesses, and leisure facilities.