Associate Manager - Finance

Role Overview

Associate Manager - Finance at Majid Al Futtaim, MAF Retail, Head Office UAE.

Role Purpose

The Associate Finance Manager is responsible for ensuring financial governance across store and warehouse operations and monitoring key operational and financial processes.

Key Responsibilities

Inventory & Stock Management

• 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.
• Support initiatives to reduce stock losses and improve inventory controls.

Operational Finance

• Monitor pending GRNs and invoicing processes and coordinate with relevant stakeholders.
• 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.

Qualifications & Experience

• 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.

Skills & Competencies

• 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.

Additional Information

• Work in a friendly environment where colleagues share positive vibes and excitement about the future.
• Work with over 45,000 diverse and talented colleagues, all guided by the Leadership Model.