ABOUT THE COMPANY
AZADEA Group is a premier lifestyle retail company that owns and operates more than 40 leading international franchise concepts in fashion and accessories, food and beverage, home furnishings, sporting goods, multimedia and beauty and cosmetics across the Middle East and Africa spread across 15 countries overseeing more than 700 stores.
JOB PURPOSE
The Financial Compliance Services Lead is responsible for strengthening the compliance team and ensuring consistency in the application of the compliance program. This involves overseeing efficient and accurate control of the work product. He/she closely collaborates with the Azadea's Business Services team to ensure a proper understanding and implementation of the group’s procedures and strategies.
RESPONSIBILITIES
- Collaborate with cross-functional teams on accounting and finance special projects, utilizing a comprehensive understanding of business operations and related processes. Develop individualized audit plans with detailed scopes and communicate findings and opinions. Collaborate closely with other teams to identify the root cause of issues and agree on corrective actions.
- Oversee group-wide compliance with International Financial Reporting Standards (IFRS) and the group's stipulated accounting policies, procedures, and practices, while providing local implementation support.
- Ensure proper implementation and continuous updates of internal accounting policies and procedures in alignment with business requirements to enhance internal controls.
- Collaborate closely with the Azadea Business Services (ABS) accounting team to identify and address compliance issues, ensuring appropriate resolution and/or escalation as needed.
- Assist the reporting team during the annual statutory audit in preparing both standalone and consolidated audited financial statements.
- Compile and generate the monthly Financial Compliance Report, meticulously examining the data to identify any abnormalities or discrepancies. Take proactive measures to investigate, address, and resolve these issues.
- Collaborate on the continuous improvement, enhancement, and regular updates of the accounting software in alignment with evolving business needs. Implement technological advancements and optimize system functionalities to enhance overall efficiency and accuracy in financial operations.
- Generate, review, and validate ad hoc reports and presentations as requested by management.
- Recruit, train, motivate, and evaluate the team to ensure that the department has the necessary skill base, and that staff are optimally motivated and enabled to maximize their potential and contribution to the company.
QUALIFICATIONS
- Bachelor’s degree in Business Administration with a concentration in Accounting, or Finance, or a related field.
- MBA or CPA is a plus.
- Six to eight years of experience in a similar role.
- Three years of experience in a managerial role.
- Fluency in English.
- Proficiency in MS Office.
- Proficiency in accounting software.
- Solid understanding of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS).
- Strong knowledge of financial analysis.
Azadea Group is an Equal Employment Employer – All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or any other characteristic protected by relevant local laws.
