Finance Manager - General Ledger
Role overview
Job Snapshot Finance Manager - General Ledger Location: Dubai, United Arab Emirates Industry: Retail Function: Finance/Accounting General Experience: Minimum 6 years Job Type: Full-time Overview Finance Manager - General Ledger in Dubai, United Arab Emirates is a senior Retail opportunity responsible for protecting the accuracy, completeness, and compliance of financial records across supermarket and hypermarket operations. Majid Al Futtaim is hiring an experienced finance leader to manage general ledger controls, intercompany reconciliations, financial closing, audit coordination, budget oversight, and cost optimisation. The role requires solid retail accounting expertise, managerial capability, and a detailed understanding of international accounting standards. The successful candidate will work with finance teams, business leaders, suppliers, customers, and external auditors to strengthen reporting quality and resolve accounting issues efficiently. Job Details Country: United Arab Emirates City: Dubai Industry: Retail Function: Finance/Accounting General Salary: 26000-39000 Gender: Any Candidate Nationality: Any Job Type: Full-time Context The Finance Manager - General Ledger will supervise accounting activities for hypermarkets and supermarkets operating within the country. The position ensures that ledger balances, payments, provisions, journal entries, and reconciliations are recorded accurately and within required reporting timelines. The manager will introduce robust financial controls, lead annual account closure, coordinate audit requirements, and support department heads with practical finance solutions. The position also contributes to profitability by controlling general expenses and assessing the effectiveness of cost‑saving initiatives. Key Responsibilities - Manage general ledger accounting activities across supermarket and hypermarket operations. Establish controls that ensure financial records comply with company policies, Group guidelines, and international accounting standards. Review ledger balances to verify that transactions are complete, accurate, and posted to the appropriate period, account, and cost centre. Confirm that payments, accruals, provisions, prepayments, and adjustment entries are recorded correctly and on time. Investigate unusual balances, unsupported entries, and accounting discrepancies. Ensure all intercompany accounts are reconciled accurately within agreed closing schedules. Coordinate the resolution of intercompany differences with related entities and finance teams. Lead monthly, quarterly, and annual closing processes. Prepare detailed closing schedules and communicate deadlines to all relevant contributors. Coordinate annual balance confirmation with customers, suppliers, and internal stakeholders. Review balance sheet reconciliations and supporting schedules before final account closure. Monitor budget utilisation and identify expenditure that falls outside approved limits. Recommend and implement corrective action where budget performance does not meet expectations. Develop reporting controls that improve transparency, consistency, and accountability. Coordinate external audit activities and act as a key point of contact for accounting queries. Provide auditors with accurate financial information, reconciliations, schedules, and transaction evidence. Assess audit observations and implement measures to resolve accounting non‑compliance. Track audit action plans to ensure findings are addressed within agreed timelines. Work with department heads to understand financial concerns and recommend practical solutions. Provide advice on expense recognition, accounting treatment, cost allocation, and budget controls. Analyse general expenses and identify opportunities to reduce avoidable or inefficient costs. Review proposed cost‑reduction programmes before implementation. Measure financial savings and operational impact after cost‑control initiatives are introduced. Recommend updates to finance policies, procedures, approval workflows, and internal controls. Ensure finance activities meet applicable legislative, procedural, governance, and reporting requirements. Prepare account analyses, financial summaries, variance explanations, and management reports. Support senior leadership with reliable information for financial and operational decisions. Manage team priorities, allocate responsibilities, and monitor the quality of accounting outputs. Coach finance employees and improve their understanding of controls, closing requirements, and accounting standards. Protect confidential financial, employee, customer, and supplier information. Ideal Profile - Bachelor 's degree in Finance, Com