AF21608 - Financial Controller | DC Aviation Al Futtaim

Department: DC Aviation Al Futtaim
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 13-Jan-2016
Al-Futtaim

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

DC Aviation Al Futtaim

DC Aviation Al Futtaim (DCAF) has come a long way since its establishment in 2013 as the only integrated Hangar and VIP lounge facility in DWC. We offer services in Charter, FBO, Maintenance and Aircraft Management and strive to deliver excellence in all aspects of our business with our primary focus being to exceed customer expectations. Having obtained our AOC in 2015 our mission is to be the number one Business Aviation Company not only in UAE but also across the region. Being a Joint Venture of two strong conglomerates and also the first mover based in the newly developed Al-Maktoum International Airport, which is set to become the biggest airport in the region, puts us in the enviable position of setting the standard and leading the way for others to follow.

About DC Aviation Al Futtaim:

DC Aviation Al Futtaim (DCAF) has come a long way since its establishment in 2013 as the only integrated Hangar and VIP lounge facility in DWC. We offer services in Charter, FBO, Maintenance and Aircraft Management and strive to deliver excellence in all aspects of our business with our primary focus being to exceed customer expectations. Having obtained our AOC in 2015 our mission is to be the number one Business Aviation Company not only in UAE but also across the region. Being a Joint Venture of two strong conglomerates and also the first mover based in the newly developed  Al-Maktoum International Airport, which is set to become the biggest airport in the region, puts us in the enviable position of setting the standard and leading the way for others to follow.

About the Job:

The Financial Controller is responsible for leading, managing and developing the finance department and is responsible for Accounts receivable, Credit management, Accounts Payable, Financial Accounting, Fixed assets, Inventory accounting, Planning and Budgeting and Financial Management Reporting.  The primary tasks associated with the role are:

  •  Management of the accounts dept.
  • Assisting in staff & resources planning in conjunction with GM & HR
  • IT accounting system. Purchase, control & planning
  • Producing financial reports in regular intervals on-time
    • Balance Sheet
    • P&L
    • Board of directors reports
  • Preparation of controlling reports
  • Monitoring of aviation relevant DC Aviation Al Futtaim LLC account issues
  • Ensuring to operate  under proper accounting standards & procedure and to advise staff members accordingly
    • Verification of debtors & creditors accounts
    • Management of accounts payable & receivable and account reconciliation
    • Coordination & approval of payment runs
    • Claims management
    • Billing management of charter sales transactions
    • Monitoring of aircraft management accounts.
    • Intercompany clearance with the joint venture partners
    • Cashflow management of USD and AED accounts
    • Liaison with banks affiliated with the company
    • Management of company credit card accounts
    • Continuous  company assets evaluation
    • IFRS
    • Monitoring of inventory
    • International  tax claims & refund
    • Filing of mandatory governmental reports
    • Travel expense reports and liaison with HR dept.
    • Salaries & benefits account management and liaison with HR dept.
  • Representing the company towards  business partners (i.e. banks, customers, authorities and financial auditors)
  • Representing the company towards relevant business units of the joint venture partners
  • Company departments budget planning, cost center & profit center management
  • Liquidity and cash reports
  • Definition of financial targets
  • Production of budget plans, financial forecasts
  • Definition of financial benchmarking
  • Define  a controlling-process to support company stakeholders
  • Support post holders to achieve company targets.
  • Define and verify  an aviation-relevant financial KPI system for an operative and strategic concept
  • Advise on economic  decisions of the company
About You:

Minimum Qualifications / Experience

  • Certified accounting specialist (CCI)
  • Degree in Economic studies
  • Experience in the field of aviation related accounts matters
  • Above average social and intercultural competence
  • Excellent staff management skills
  • In-depth knowledge of accounts management IT solutions
  • Excellent English language skills


Please note that only shortlisted applicants will be contacted. If you are not contacted within 30 days, your application has been deemed unsuccessful.

Note: you will be required to attach the following: 1. Resume/CV
 
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.