Junior Financial Controller
Majid Al Futtaim
Quick Take
Support the Store Financial Controller in preparing financial reports, managing stock take processes, and ensuring compliance with finance controls across retail stores in Nairobi.
Bachelor's degree in finance/accounting, strong proficiency in financial statement preparation (P&L, balance sheets, cash flow), and hands-on experience with stock counts and inventory reconciliation in retail.
Entry into a globally respected retail conglomerate with structured mentorship from a Store Financial Controller, competitive salary of KES 80–130k, and clear pathway to Senior Financial Controller roles across MAF's African operations.
Job Description
Majid Al Futtaim, the Middle East and Africa's leading shopping mall, retail, and leisure group, is seeking a detail-oriented and motivated Junior Financial Controller to join its Kenya operations in Nairobi. This role sits within the store finance function and plays a critical part in maintaining financial accuracy, operational compliance, and sound stock management across retail stores.
Reporting directly to the Store Financial Controller, the Junior Financial Controller will assist in the preparation of key financial reports, coordinate stock take processes from the controlling stage through to final validation, and ensure that all finance policies and internal controls are consistently upheld. This is an excellent opportunity for an early-career finance professional to build deep expertise in retail financial management within a globally respected organization.
- Assist the Store Financial Controller in preparing monthly financial reports including Profit & Loss statements, cash flow statements, and balance sheets.
- Support internal audits by ensuring strict compliance with established financial controls and procedures, and assist in implementing audit recommendations.
- Review and validate payroll data to ensure accuracy and timely processing in line with company policies.
- Oversee store stock control activities including routine stock counts, shrinkage analysis, and receiving process verification.
- Coordinate and manage the end-to-end store stock take process from the controlling phase to the validation and sign-off stage.
- Support financial planning activities including periodic forecasting and the annual budgeting cycle.
- Analyze store and departmental performance metrics to provide actionable insights that support management decision-making.
- Monitor store budgets on an ongoing basis, flagging variances and potential compliance issues to the Store Financial Controller in a timely manner.
- Maintain and update financial records, ensuring data integrity across all reporting systems.
- Demonstrate ability to prepare and interpret financial statements including P&L, balance sheets, and cash flow reports.
- Proven track record of supporting internal audit and compliance processes within a structured finance environment.
- Ability to manage payroll review processes with high levels of accuracy and attention to detail.
- Experience conducting stock counts, reconciling inventory records, and performing shrinkage analysis in a retail or similar environment.
- Ability to support budgeting and forecasting cycles, contributing meaningful variance analysis and commentary.
- Strong organizational skills with the ability to manage multiple priorities and deadlines simultaneously.
- Effective problem-solving skills with the ability to identify financial discrepancies and escalate appropriately.
- Proficiency in MS Excel and financial reporting tools; exposure to ERP systems is an added advantage.
- Bachelor's Degree in Finance, Business Administration, Commerce, or a related field.
- Minimum of 2 years of relevant experience in a finance, accounting, or audit role — preferably within retail, FMCG, or a multi-site business environment.
Majid Al Futtaim offers a competitive compensation package benchmarked against the Kenyan retail market. The estimated monthly salary for this role ranges between KES 80,000 – KES 130,000, depending on experience and qualifications. In addition to base pay, employees benefit from a collaborative and international work culture with structured career development pathways.
- Competitive base salary
- Exposure to a large multinational retail organization operating across 40+ countries
- Positive and inclusive workplace culture guided by a shared Leadership Model
- Opportunity to work alongside over 45,000 talented and diverse colleagues globally
This role is ideal for a finance graduate with 2–4 years of hands-on accounting or financial control experience who is eager to grow within a structured, fast-paced retail environment. You are meticulous with numbers, thrive under reporting deadlines, and have a genuine interest in operational finance — particularly inventory and cost control. You work well both independently and as part of a team, and you communicate financial information clearly to non-finance stakeholders.
Please do not apply if you have no prior finance or accounting work experience, if you are looking for a fully remote or flexible-hours arrangement, or if you are uncomfortable working in a structured compliance-driven environment with strict financial reporting timelines.
- Prepare an updated CV highlighting your relevant finance and accounting experience, particularly any exposure to stock control, payroll review, or financial reporting.
- Write a brief cover letter (maximum one page) explaining why you are interested in joining Majid Al Futtaim and how your background aligns with this role.
- Submit your application through the Majid Al Futtaim careers portal or the job platform where this listing was found.
- Note: Do not pay any fees for notarisation, certification, or assessment at any stage of this recruitment process. All legitimate communications will come directly from Majid Al Futtaim HR.
- Only shortlisted candidates will be contacted for the next stage of the selection process.
Requirements Breakdown
Must Have
- Bachelor's degree in Finance, Accounting, or related field
- Ability to prepare and interpret financial statements (P&L, balance sheets, cash flow)
- Experience conducting stock counts and reconciling inventory records in retail or similar environment
- Proficiency in MS Excel and financial reporting tools
- Strong organizational skills and ability to manage multiple priorities simultaneously
Nice to Have
- Exposure to ERP systems
- Proven experience supporting internal audit and compliance processes
- Experience with payroll review and processing
- Track record in budgeting and forecasting cycles
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Salary Context
Competitive mid-range entry-level salary for Junior Financial Controller in Nairobi retail sector
The KES 80–130k monthly range sits at the upper end of typical Junior Financial Controller salaries in Kenya (which usually range KES 60–100k), likely driven by Majid Al Futtaim's multinational status and retail scale. Salary progression is typically tied to ERP proficiency, audit certifications, and demonstrated impact on stock shrinkage reduction.
About Majid Al Futtaim
Majid Al Futtaim is the Middle East and Africa's leading shopping mall, retail, and leisure conglomerate with significant presence across East Africa. In Kenya, they operate major retail and entertainment assets, making them one of the region's most influential retail employers. Working here offers exposure to multinational best practices, advanced financial systems, and career mobility across MAF's pan-African operations.
Likely Interview Questions
- 1
Walk us through your experience with stock take processes—what was your role and how did you handle discrepancies between system records and physical counts?
- 2
Describe a time you identified a financial discrepancy or control weakness. How did you escalate it and what was the outcome?
- 3
How have you used Excel or other tools to analyze store performance metrics, and can you give an example of an insight that drove a management decision?
- 4
Tell us about your experience supporting internal audits or compliance reviews. What did you learn about maintaining financial control integrity?
- 5
Why are you interested in retail financial management specifically, and what do you understand about the unique financial challenges of managing multiple retail stores?
Application Tips
Emphasize any hands-on retail experience (even as an intern or junior accountant), specifically stock take coordination, shrinkage analysis, or stock reconciliation—this is central to the role.
Highlight proficiency in Excel with concrete examples: pivot tables, variance analysis, reconciliation models, or dashboard building for performance monitoring.
Showcase evidence of supporting compliance or audit processes—mention any internal control improvements you identified, audit recommendations you helped implement, or process documentation you created.
Career Path
Roles that lead here
Where this leads
Skills & Keywords
Honest Assessment
Green Flags
- Globally recognized employer with clear multinational standards, policies, and compliance frameworks—excellent for building professional finance credentials.
- Detailed, specific role responsibilities indicate a well-structured position with clear expectations and mentorship from a dedicated Store Financial Controller.
- Salary range (KES 80–130k) is at the competitive upper end for junior roles, signaling MAF values quality hires and invests in retention.
- Explicit mention of budgeting, forecasting, and performance analysis responsibilities indicates this is not a data-entry role but a genuine early-career development opportunity.
Watch Out
- Job description is truncated at 'Bachelor' (degree level not fully stated); clarify whether a specific degree discipline or honors classification is required.
- No mention of contractual terms, probation period, benefits package, or allowances—typical in Kenya; request full employment terms before accepting.
- Reporting structure only mentions Store Financial Controller; no clarity on broader finance team size, mentor availability, or support systems for a junior-level hire.
A Day in the Life
Your week blends structured reporting cycles with reactive stock and compliance work. Monday might involve coordinating with store managers to prepare variance analysis for the Store Financial Controller's weekly review; midweek you're managing a stock count cycle—verifying counts, investigating shrinkage anomalies, and updating inventory records in the ERP system. You'll spend time in Excel reconciling payroll data, then supporting an internal audit visit by pulling transaction trails and documenting control procedures. By Friday, you're consolidating daily cash reports and flagging budget overruns to your supervisor, then updating the financial reporting templates ready for month-end close.
Frequently Asked Questions
What qualifications do I need to become a Junior Financial Controller at Majid Al Futtaim?
You need at least a Bachelor's degree in Finance, Accounting, or a related field, plus hands-on experience with stock counts, inventory reconciliation, and financial statement preparation (P&L, balance sheets, cash flow). Strong Excel skills and familiarity with financial reporting systems are essential.
Is the Junior Financial Controller role at Majid Al Futtaim remote or office-based?
This is an office-based, full-time role located in Nairobi. The position requires on-site presence to oversee store stock take processes, coordinate with store teams, and support day-to-day financial operations.
How much does a Junior Financial Controller earn at Majid Al Futtaim Nairobi?
The advertised salary range is KES 80,000–130,000 per month, which is competitive for entry-level retail finance roles in Kenya. Exact placement within the range typically depends on qualifications, prior experience, and ERP system proficiency.
What are the career growth opportunities from this Junior Financial Controller role?
This role is a stepping stone to Senior Financial Controller, Regional Finance Manager, or Internal Audit roles within Majid Al Futtaim's Kenya and broader African operations. Strong performance and early certification (e.g., CPA, ACCA) can accelerate progression.
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