AF25286 - General Manager - Shared Service Finance

Department: Al Futtaim Group Finance
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 14-Jan-2017
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.

Financial Services

Al-Futtaim is a trusted name in the financial services sector with over 30 years experience in the UAE.

Al-Futtaim’s financial services sector operations include 11 companies operate in 5 countries.

Group Finance

Group Finance is based in Al-Futtaim's head office in Dubai Festival City.

About the Position:

As the General Manager for Al-Futtaim's Shared Service Finance department this person will be accountable for leading a Centre of Excellence within the Finance function to deliver shared services activities for internal business units driving streamlined, effective and high performance levels. Continuously focussing on creating value by being adaptable to ever changing market environments as well as focussing on standardising and optimising processes across geographies and exploiting technology to maximise levels of efficiency.

The job holder overall monitors the finance and accounting functions of the Al-Futtaim Group corporate entities, ensuring compliance with IFRS and established policies and procedures of the group.

The main responsibilities will be to actively drive and support best in class systems, process and governance for the department and integrated planning across the Group. This person will: 

 
Be accountable for delivering against Service Level Agreements which are stringently reviewed ensuring they are aligned to the business goals.
Be accountable for ensuring that optimized processes are in place to support the successful delivery in line with these.
Have a constant focus on identifying opportunities to standardize and optimize processes and exploiting technology to achieve maximum levels of efficiency. 
Collaborate with internal stakeholders including IT, Group Finance and Treasury to implement initiatives and projects in line with the Finance strategy.
Advocacy and support of the integrated business planning strategy to align operations and strategy for the organisations financial performance
Manage regular dashboard reporting and analysis to the Group FC as well as internal dashboard review meetings with SSF management team to discuss and review overall SSF performance
Lead a lean skilled and high performing team, guide and motivate them to develop and achieve goals.  Deliver action plans to actively promote engagement within the department. 
Manage the regional accountants in GCC
Prepare and review of annual budgets and forecasts for corporate entities in coordination with various departments. 
Charge out of SSF costs to businesses
Ensure timely completion of various audits and tax returns handled at SSF 
Ensure compliance as per DOA, policies & procedures of AF group
Liaise between various finance teams, corporate departments, Group Directors and SSF to ensure common objectives are met for the group
 

About You:

We require the following skills and experience: 

Minimum Qualifications and Knowledge: 
• Accounting professional qualification (CA/ ICWA/ ACCA) with expertise in Financial and Management accounting especially on a large ERP

Minimum Experience:  
• 15-20 years of well-rounded experience in F&A space
• Worked in and driven Business Process Outsourcing environment
• Proven experience in  a medium to large multinational company
• Implemented process reengineering change with multiple drivers

Job-Specific Skills:
• Technically sound on compliance, IFRS, accounting principles & Budgeting/Forecasting
• Working knowledge of SAP is advantageous

Behavioural Competencies :
• Change and innovation
• Strategic thinker
• Leadership and people management
• Collaboration 
• Highly organised and strong attention to detail
• Strong and effective communication and presentation skills
• Strong inter-personal, influential and communications skills considering the spread of employees that this position needs to interact across various levels within the organization

 

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.