AF24110 - Finance Manager | Al Futtaim Finance

Department: Al Futtaim Finance
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 29-Sep-2016

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.


Al-Futtaim is regarded as a pioneer in the region’s automotive industry. The company imported the first consignment of Toyota vehicles to the UAE and established Al-Futtaim Motors in 1955.

Al-Futtaim represents 44 automotive brands across 16 countries and encompasses every aspect of the business:

  • Passenger and commercial vehicles sales
  • Manufacturing agricultural vehicles
  • Construction equipment sales and service
  • Used car sales
  • Rental and leasing

Al-Futtaim Finance

Al Futtaim Finance (AFF), a Central Bank of UAE regulated entity, is a wholly owned subsidiary company of the Al-Futtaim Group, the leading business conglomerate of UAE. AFF specializes in providing a range of innovative consumer finance products to customers across the UAE.

About the Position:

We are currently looking for a Finance Manager for our Automotive Finance division. As a Finance Manager you will be responsible for ensuring that the accounting books and ancillary records are maintained on real time basis. You would be involved in on-going analyses and monitor of business costs and support in applying effective cost control measures. You will have to analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets – Budget & Forecast Tracking Vs. actuals.

You would be responsible for the maintenance of all regulatory documents i.e. Trade License, commercial license, CB License for timely archive. You would have to prepare monthly and yearly financials based on IFRS and international accounting standards and submit internal and external reports on a timely basis. You will also be required to support all internal and external audits conducted for the organisation. You will also have to ensure that all the procurement requests adhere to the Company Procurement policy & are supported by proper approvals.

About You:

The ideal candidate will have an in-depth understanding & related experience with a minimum of 7 years in management of the finance department including accounting and financial analysis and reporting. Experience in the finance industry / automotive industry is must.

The ideal candidate would be a University graduate with a professional qualification such as a Chartered Accountant or a MBA in Finance. The candidate would possess excellent analytical skills with a specialization in financial analytics.You would have the ability to analyze financials, market conditions and identify opportunity for business growth. You would possess excellent communication & relationship management skills with the ability to influence at senior management level.

Must have Management experience in a multi-cultural environment and must hold significant UAE experience. Any regional role in finance and reporting will be an advantage.

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.