Assistant Financial Controller (Instashop)

InstaShop, headquartered in Dubai, is the leading online local marketplace in the UAE and Egypt
Since joining the Delivery Hero family in 2020, the global leader in online food delivery and
q-commerce, InstaShop has been setting the standard for excellence and convenience in the region.
With a dynamic and motivated team fueled by passion and innovation, every day at InstaShop is an
opportunity for growth and success. We champion inclusivity, diversity and collaboration, creating an
environment where everyone’s achievements are celebrated and where success is the only way forward.
As we continue to grow, our team keeps expanding across the UAE, Egypt and Greece, and we’re always
on the lookout for new talents to join us on our success journey. 

As an Assistant Financial Controller, you will play a key role in managing and overseeing the financial
reporting, accounting, and compliance for all regions of the company. You will be responsible for
preparing financial statements, managing hyperinflation accounting, handling payroll accounting, and
leading audits. Additionally, you will oversee lease contracts, manage related party transactions, and
handle liquidation processes, ensuring compliance with international accounting standards.

WHAT’S ON YOUR PLATE?

•  Overseeing the preparation and review of financial statements, including balance sheets, income statements, and cash flow statements, ensuring compliance with accounting standards (GAAP or IFRS) and company policies. Providing detailed analysis of financial performance and identify key trends, variances, and opportunities for improvement.
• Managing and overseeing the monthly, quarterly, and annual closing processes while ensuring timely and accurate reporting of financial results, including the preparation of all necessary journal entries and reconciliations. Addressing discrepancies and implement corrective actions as needed.
• Supporting the preparation of the company’s annual budget and periodic forecasts.
• Assisting in establishing, maintaining, and enforcing internal controls to ensure the accuracy, integrity, and security of financial data while ensuring compliance with relevant accounting standards, legal regulations, and company policies, while coordinating with auditors for external audits.
• Supporting mergers, acquisitions, and other strategic initiatives by providing financial analysis, due diligence, and integration support while ensuring the financial aspects of these transactions are well-managed and aligned with the company’s objectives.
• Overseeing payroll accounting across regions reconciling HR reports with bank records in the ERP system.
• Acting as the point of contact for external stakeholders, such as auditors, regulatory bodies, and financial institutions. Maintaining strong relationships and communicating effectively to ensure transparency and compliance with external reporting requirements.
• Providing financial analysis and decision support for key business initiatives. Assisting senior management with financial modeling, valuation, and other ad hoc financial tasks.

WHAT DID WE ORDER?

• Bachelor's degree in accounting, Finance, or a related field; professional accounting certifications (e.g., CPA, ACCA) are a plus
• 5+ years of experience in financial controlling or accounting, with a strong background in managing consolidated financial statements, hyperinflation accounting, and IFRS reporting.
• Excellent Communication skills, Proactive & Collaboration, with very good leadership skills. 
• Detail-Oriented, with Problem-Solving, & Analytical skills.
• Advanced Microsoft Dynamics 365 and Excel.
• Expertise in ERP systems (e.g., SAP, Oracle), Contavio (DH Lease Reporting Software), OneStream, and strong proficiency in Excel
• In-depth knowledge of IFRS, IAS 29 (Hyperinflation Accounting), IFRS-16 (Lease Reporting) and related financial regulations