Junior Financial Controller
Majid Al Futtaim
Quick Take
Manage store-level financial reporting, stock control, and audit compliance while supporting the Store Financial Controller with P&L analysis and budget monitoring.
Bachelor's degree in Finance/Commerce, 2+ years of finance or accounting experience, and proficiency in financial statement preparation and stock control reconciliation.
Hands-on experience in a multinational retail environment with clear growth potential, competitive mid-range salary, and exposure to full financial management processes.
Job Description
Majid Al Futtaim, one of the leading retail and lifestyle conglomerates in the region, is seeking a detail-oriented and analytically driven Junior Financial Controller to join its Kisumu store operations team. This role sits at the heart of store-level financial management, ensuring that reporting, compliance, and stock control processes run accurately and efficiently.
Reporting directly to the Store Financial Controller, the successful candidate will play a pivotal role in maintaining the integrity of financial data, supporting audit readiness, and providing actionable insights that drive store performance. This is an excellent opportunity for an early-career finance professional looking to grow within a multinational retail environment.
- Assist the Store Financial Controller in preparing accurate and timely monthly financial reports, including Profit & Loss statements, cash flow reports, and balance sheets.
- Lead and oversee the store stock take process from the initial controlling stage through to final validation, ensuring accuracy and compliance.
- Conduct shrinkage analysis, monitor stock counts, and supervise receiving processes to maintain robust stock controls.
- Review and validate payroll data to ensure accuracy, completeness, and timely processing in line with company policies.
- Support internal and external audit processes by maintaining proper financial controls, documentation, and ensuring implementation of audit recommendations.
- Assist in financial planning activities including annual budgeting, quarterly forecasting, and variance analysis.
- Analyze store and departmental financial performance, identifying trends and providing data-driven recommendations to management.
- Monitor the store budget on an ongoing basis, flagging deviations, highlighting potential issues, and recommending corrective actions.
- Ensure strict adherence to company finance policies, procedures, and regulatory compliance requirements at all times.
- Must hold a Bachelor's Degree in Finance, Business Administration, Commerce, or a closely related field.
- Must demonstrate at least 2 years of hands-on experience in a finance, accounting, or financial control role — retail or FMCG experience is an added advantage.
- Must be able to prepare, interpret, and present financial statements including P&L, balance sheet, and cash flow reports independently.
- Must be proficient in managing stock control processes, conducting reconciliations, and identifying discrepancies with a high level of accuracy.
- Must demonstrate strong analytical ability — capable of translating raw financial data into meaningful business insights.
- Must be highly organized with the ability to manage multiple priorities simultaneously under tight deadlines.
- Must possess strong problem-solving skills and the ability to escalate issues with proposed solutions.
- Must be proficient in Microsoft Excel and financial reporting tools; experience with ERP systems is desirable.
- Must exhibit excellent attention to detail and a commitment to maintaining confidentiality of financial information.
The estimated monthly salary for this role ranges between KES 60,000 and KES 100,000, commensurate with experience and qualifications. Majid Al Futtaim offers a competitive benefits package typical of a multinational retail employer, which may include medical cover, performance-based incentives, and opportunities for regional career growth. Specific benefit details will be confirmed during the hiring process.
This role is ideal for a finance graduate with 2–4 years of experience who is eager to build a solid foundation in financial control within a fast-paced retail environment. You thrive on accuracy, enjoy working with numbers, and are comfortable operating in a structured, compliance-driven setting. You are proactive, communicate clearly, and are ready to take ownership of processes while working collaboratively with store leadership.
Please do not apply if you have no prior hands-on finance or accounting experience, if you are uncomfortable with stock management and reconciliation processes, or if you are looking for a purely strategic or management-level role at this stage of your career.
- Prepare an updated CV clearly highlighting your finance experience, educational background, and key achievements.
- Write a brief cover letter tailored to this role, explaining why you are a strong fit for a Junior Financial Controller position in a retail environment.
- Submit your application through the Majid Al Futtaim careers portal or the job platform where you found this listing.
- Ensure all documents are submitted in PDF format and that your contact details are current and accurate.
- Only shortlisted candidates will be contacted for the next stage of the recruitment process.
Requirements Breakdown
Must Have
- Bachelor's Degree in Finance, Business Administration, Commerce, or related field
- Minimum 2 years of hands-on experience in finance, accounting, or financial control role
- Ability to independently prepare and present P&L, balance sheet, and cash flow statements
- Proficiency in stock control processes, reconciliations, and discrepancy identification
- Strong proficiency in Microsoft Excel and financial reporting tools
Nice to Have
- Retail or FMCG industry experience
- Experience with internal and external audit processes
- Knowledge of payroll processing and compliance
- Exposure to budgeting, forecasting, and variance analysis
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Salary Context
Competitive entry-level salary for Junior Financial Controller in Kisumu retail sector
At KES 60,000–100,000/month, this role sits at the lower-to-mid range for junior finance professionals in Kenya's retail sector. Salary progression typically depends on retail experience, audit readiness contributions, and multi-store exposure. Kisumu-based roles generally command 10–15% lower salaries than Nairobi equivalents for similar positions.
About Majid Al Futtaim
Majid Al Futtaim is one of the Middle East and Africa's largest retail and lifestyle conglomerates, operating department stores, hypermarkets, and specialty retail chains across the region. In Kenya, they operate prominent retail operations that serve as key employment and retail hubs. Joining MAF offers exposure to international retail best practices, strong financial governance, and career growth within a large multinational organisation.
Likely Interview Questions
- 1
Walk us through how you have led a stock take process from start to finish, and how you ensured accuracy and compliance in your previous role.
- 2
Describe a time when you identified a significant financial discrepancy or shrinkage issue. How did you investigate and what was the outcome?
- 3
How do you approach preparing monthly financial reports, and can you give an example of a P&L analysis you've conducted that led to actionable insights?
- 4
Tell us about your experience supporting audit processes. What financial controls and documentation have you been responsible for maintaining?
- 5
How do you prioritise multiple financial tasks under tight deadlines, and can you give an example of managing competing priorities in a busy retail environment?
Application Tips
Highlight specific experience with stock control and shrinkage analysis — mention quantified results (e.g. 'reduced discrepancies by 15% through improved reconciliation processes').
Emphasise any retail or FMCG background and exposure to fast-paced, multi-priority environments; Majid Al Futtaim values retail-sector familiarity.
Showcase your financial reporting capability by detailing P&L, balance sheet, and cash flow work you've independently completed; include examples of variance analysis or budget monitoring you've delivered.
Career Path
Roles that lead here
Where this leads
Skills & Keywords
Honest Assessment
Green Flags
- Large, reputable multinational employer with clear career progression paths and exposure to international retail standards.
- Role has well-defined responsibilities and direct reporting line, reducing ambiguity about expectations and performance metrics.
- Competitive salary range (KES 60k–100k) with explicit growth benchmarks linked to audit readiness and performance — suggests merit-based progression.
- Explicit mention of analytical and problem-solving impact — this role offers genuine learning in financial decision-making, not just data entry.
Watch Out
- Job description cuts off mid-sentence at 'experience wit[h]' — suggests the posting may be incomplete or hastily prepared; clarify exact tools and systems required before applying.
- No mention of benefits, health insurance, professional development allowance, or training opportunities — typical for multinational retailers, but worth confirming during interview.
A Day in the Life
Your week typically starts with a Monday morning store operations meeting to review the previous week's cash position and flag any variances against budget. Mid-week, you're deep in reconciliation work—matching received stock to purchase orders, investigating discrepancies with department heads, and preparing shrinkage reports. You spend time in the store floor overseeing the stock count process, then return to your desk to validate data in Excel, prepare variance analyses, and compile figures for the Store Financial Controller's monthly pack. By Friday, you're supporting a payroll review or working with the audit team on compliance documentation—all while fielding ad-hoc requests to pull departmental performance data or explain budget deviations to store management.
Frequently Asked Questions
What qualifications do I need to apply for the Junior Financial Controller role at Majid Al Futtaim in Kisumu?
You must hold a Bachelor's degree in Finance, Business Administration, Commerce, or a related field, and have at least 2 years of hands-on experience in finance, accounting, or financial control. Retail or FMCG experience is preferred but not mandatory.
Is this role based in Kisumu, and is it a full-time position?
Yes, this is a full-time, on-site role based at Majid Al Futtaim's Kisumu store operations. The role requires in-person presence for stock takes, audit support, and daily store-level financial management.
What is the salary range for this Junior Financial Controller position?
The posted salary range is KES 60,000–100,000 per month, depending on experience and qualifications. Retail background and proven stock control or audit experience may influence placement within the range.
What are the growth opportunities after working as a Junior Financial Controller at Majid Al Futtaim?
This role typically leads to a Store Financial Controller position, or progression into a Regional Finance Manager role overseeing multiple store locations. With strong performance, you could also move into corporate finance or head office retail operations finance within the wider Majid Al Futtaim group.
Do I need retail industry experience to apply for this role?
No, retail experience is not mandatory—it is listed as an 'added advantage.' However, you must have 2+ years of finance, accounting, or financial control experience in any sector, with strong capability in financial reporting and stock reconciliation.
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