Senior Executive - Retail Finance Operations

Seddiqi Holding is a Family-owned and managed company with a unique, diversified portfolio of businesses and brands across numerous sectors. The business includes Ahmed Seddiqi, Seddiqi Properties, Swiss Watch Services and Mizzen.We are looking for a Senior Executive - Retail Finance Operations who will be responsible to support the governance and execution of retail operations finance activities across UAE, KSA, and Kuwait by ensuring compliance with mall obligations, sales declarations, lease requirements, audit procedures, cash controls, and reconciliation processes. The role is responsible for maintaining operational accuracy, reporting integrity, and audit readiness across the retail network.

Key Responsibilities

Mall & Lease Compliance:Manage day-to-day relationships with malls and landlord representatives.Ensure timely submission of monthly, quarterly, and annual sales declarations.Track lease obligations, turnover rent (TOR) requirements, and reporting deadlines.Coordinate Annual Audit Procedures (AUPs) and landlord-requested sales audits.Maintain compliance calendars to avoid penalties and report breaches. Sales Declaration Governance:Prepare and validate sales declarations across all malls and retail locations.Ensure reported sales are aligned with lease requirements and mall reporting guidelines.Support turnover rent calculations and related submissions.Investigate variances between source systems and declared sales figures.Maintain supporting documentation for all declarations and audit requestsCash & Sales Reconciliation:Perform sales-to-cash and cash-to-sales reconciliations across the retail network.Reconcile cash collections, card settlements, BNPL transactions, e-commerce collections, customer advances, refunds, and deposits against reported sales.Identify, investigate, and resolve reconciliation variances.Ensure all payment sources are accurately reflected in sales reporting and mall declarations.Monitor advance collections and utilization across stores and channels. Monitor Sales Return and credit note utilization across network to report accurately to Mall managementRetail Operations Controls:Monitor daily operational exceptions and highlight anomalies for corrective action.Govern cash deposits, banking activities, refunds, sales returns, and customer advances.Ensure retail processes comply with mall requirements and internal control standards.Support stores in resolving operational finance and compliance issues.Drive process standardization and continuous improvement initiatives. Audit & Documentation Governance:Maintain DSR documentation and archiving standards to ensure audit readiness.Support internal, external, and landlord audits by providing required documentation and reconciliations.Work closely with the document archiving team, DSR Governance team to ensure the archiving process is in line with the mall requirement.Ensure complete audit trails for sales declarations, reconciliations, and compliance activities.Follow established SOPs and governance frameworks across all retail operations activities. Regional Support:Support retail operations across UAE, KSA, and Kuwait.Coordinate with stores, finance teams, leasing teams, auditors, and mall stakeholders.Prepare regular compliance, reconciliation, and exception reports.Escalate operational and compliance risks in a timely manner.In order to be successful in this role, you should have:3-5 years job related experience in retail finance, retail operations, audit, or reconciliation roles.Experience in Retail industry and Mall management would be preferred Strong understanding of mall sales declarations, turnover rent reporting, and lease compliance.Experience with cash reconciliations, retail controls, and audit support.Experience working in a multi-store, multi-country retail environment