Assistant Commercial Manager | Blue Rewards | Corporate Services

Job Requisition ID: [[159377]]

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:

This role will support the GM Finance & Commercial and become the key lead in managing the end-to-end finance process of Blue Rewards.

What you will do:

• Business Planning & Analysis: Preparation and presentation of budgets and forecast for the business unit ensuring strategic alignment with business objectives.
• Ensure adherence to group reporting timeliness and BPC updates to facilitate timely reviews of budgets and forecasts
• Monthly management reporting: Provide monthly management reports highlighting key performance indicators and variance analysis.
• Support in preparation of group reporting pack on monthly basis in coordination with Data team
• Setting up accounting flow and process: Develop accounting flow for new programs introduced in adherence to accounting principles and regulatory standards.
• Coordination with internal stakeholders and third parties: Closely work with Tech, product and third-party integrators to understand the product requirement and come up with schemes of accounting entries and financial process.
• Work wit internal and external teams to contribute in the user acceptance testing and finalization of accounting flow for new programs.
• Complete Bank reconciliations for all the Blue Wallet and Gift Cards (including reseller cases) after ensuring collections & booking expenses.
• End to end reconciliation between SAP GL’s and third party integrator reports to ensure all liabilities are booked correctly and address the issues accordingly to concern party.
• ICM reconciliations with Blue partners (daily basis) – resolving errors related to Cashback, Gift Cards, Wallet Top-up and Points, and getting the ICMs accepted by the partners.
• Vendor onboarding, raising PRs/POs creating IANs and SRFs
• Coordinate payables with central payment team and provide updates to internal stakeholders on the status of payments
• Compliance with DOAs - Strict Adherence to DOAs
• Month closing activities and MIS – Liaise with shared service teams to ensure all activities are recorded and analyse the financials for management review.
• Cashflow Management: Biweekly submission of fund requirement with Treasury to ensure availability of funds for the program
• Assisting in Internal/ External audit activities.
  
  

Required Skills to be successful:

• Bachelors in business administration
• Experience in operational finance
• Excellent communication and presentation skills
  
  

About the Team:

• You will be reporting to GM – Finance and Commercial
  
  

What equips you for the role:

• Bachelor’s in business administration (BBA) with specialization in finance or accounting from an accredited university.
• Qualification (American CPA or international ACCA) is a plus; and
• Advanced knowledge of ERP systems is necessary; SAP (including Ariba) expertise is a must.
• Preferably minimum 8 years in an operational finance position, preferably in the digital commerce sphere.
  
  

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

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.