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CAREER OPPORTUNITY

A great opportunity to work in Mal Duty Free, one and only Duty Free shops in the Maldives playing a major role in the international travel retail market. Our main
objective is to provide customers the best shopping experience and create a lasting impression. Male Duty Free provides a wide range of luxury products
perfumes and cosmetics, clothing and accessories, watches and sunglasses, confectionary, souvenir and many other luxury items.
116/CMS/IL/2014/52
BENEFITS
- Competitive Salary
- Free Transportation to Airport
- Health Insurance as per
Company policy
- Company bonus as per
Company policy
APPLICATION
Please address all your applications attached with relevant documents to
Manager Human Resources, Male' Duty Free or email to dfrecruitment@macl.aero
Application Deadline 16:00hours of Thursday May 29th 2014
Only shortlisted applicants will be notified for interview
Finance Controller
QUALIFICATION AND OTHER REQUIREMENT
- A degree level education preferably in
Finance.
- Qualified member of an accountancy body
will be an added advantage.
- Significant experience in finance with at least
two years in senior management.
- Team oriented
- Fluent in English
GENERAL SCOPE OF WORK
Control the finance and accounting methods,
practices and procedures of the MACL Male'
Duty Free Shops. Prepare appropriate financial
assessments, accounting records, reports and
statistics, allowing senior management to make
informed business decisions and thereby improve
the organisation's profitability.
MAJOR RESPONSIBILITIES
Local Regulatory Compliance
Ensure filing of Compulsory Convertible -
Debentures in the time frame after capital injection
Ensure timely, accurate submissions of all local -
regulatory compliance requirements including:
Ensure accounting records are maintained in a -
well-organized manner according to local
regulations & the Company Record Retention
Policy;
Ensure compliance with the MACL lease/ -
concession agreement if applicable.
Ensure required local insurances are maintained -
and cost effective (liaising with Company Risk
Management).
Company Secretarial
Provide Company Secretary and MACL Legal with -
assistance as requested to ensure timely, accurate
submissions of all statutory documents
External Audit
Ensure submission of year end accounts -
with no qualifications from auditors
Ensure action is taken on audit issues -
Tax
Timely submission of all tax returns -
Liaise with tax office (when necessary) -
General Management
Assist non-financial people to -
understand financial reports
Provide advice and support to -
management
Submission of monthly sales reports by -
categories to MIRA and arrange payment.
Ensure an effective working relationship -
between departments with good
communication on all issues.
Banking
Banking & credit card arrangements -
Negotiation for credit card commission -
Banking service arrangement, -
Accounting
Ensure payment of bills as per negotiated -
agreements and terms through proper
process
Control over any Capex projects -
Ensure Fixed Asset Register is itemized -
Ensure assets are tagged -
Perform month end tasks including: -
Petty cash expense spread sheet -
Cashier float counts -
Tax entries by month -
Advice o liabilities to be accrued - n
Assistance with balance sheet questions -
Compliance with all MACL accounting -
. policies
Assist in the review of month end accounts. -
Legal
- Liaise with MACL legal counsel
and external lawyers where
necessary on legal matters.
- Management of business registration
/license renewals.
Insurance
- Liaise with MACL Risk Management
on insurance related matters.
Records Management
- Management of leases and
concession records where applicable
- Maintenance of records kept in
accordance with the company
Policy on data retention.
Stock Control
- Loss prevention team on issues
affecting inventory accuracy.
Other
- Liaison with Loss Prevention and HR
to ensure policies, procedures and
controls are effective
- Perform other ad hoc duties as
requested by management as time
permits.
PERFORMANCE INDICATORS
- Effective liaison with Company
Treasury, Lawyers, (PWC /E&Y)
Effective liaison with MACL -
Corporate functions
Up to date information and -
reporting on leases
- All legal requirements met
- Timeliness and accuracy of:
Year-end accounts -
Monthly accounting & tax entries -
Tax returns -
- Legal compliance
DOCUMENTS TO BE SUBMITTED:
- Application Letter
- Completed CV
- Experience / Reference letter
- Education Qualifications copy
- School Leaving Certificate
- NID Copy
- 1 Passport Size Photo
- Police Report