AF25427 - Finance Transformation Lead | Group | Dubai

Department: Al Futtaim Group Finance
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 21-Mar-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.

Group

Al-Futtaim Group Divisions include Al-Futtaim Travel, GMASCO, and shared services for IT, Finance and HR. Audit, Legal, Treasury and Investment Management are also managed at a Group level.

Group Finance

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

About the Position:

As part of Finance Transformation team, you will be responsible for optimising the business and its operating model in line with the Business and IT strategy. To manage all aspects of the Business & IT relationship for assigned portfolios. 

  • Working with other Finance transformation leads as “one team”
  • Working with Finance community in respective line of business

 Accountabilities

Finance Transformation Design and Implementation

  • Work with Finance CFO / FD to contribute in developing the Finance strategy and roadmap, aligned with the overall strategic goals and the finance operating model
  • Support the implementation of the Finance blueprint /  strategy in alignment with the core team (FTL) across the group

Demand and Relationship Management

  • Setup governance structures in the respective line of business to ensure optimal blueprint design in alignment with the business and finance objectives; operating model optimisation; to track and communicate progress, issues and risks management
  • Support development of business cases, operating model changes, solutions, business buy-in; and integrate in planning and budgeting cycles and demand management process
  • Be the integration point for the respective line of business into the broader Finance transformation leads team
  • Build a strong partnership with the Finance leadership and other key stakeholders to become fully integrated in decision-making and driving strategic priorities
  • Support the implementation of the various strategic finance initiatives in alignment with broader design and based on agreed overall architecture principles

Business Optimisation Priorities

 

  • Build detailed understanding of business performance, operating model maturity and opportunities for improvement across the Finance landscape group-wide and within the LOB
  • Identify key opportunities, (“To Be” business processes, associated business benefits, organisation impact, etc.), build consensus with business leadership and integrate into demand management and implementation plans

Leadership & Integration

 

  • Work closely with the Finance transformation leads across the group to design the group-wide finance blueprint, multi-year implementation roadmap;
  • Leverage the existing AFG Finance SME knowledge
  • Integration of the solution design, implementation roadmap into the respective Finance functions (change management)

 

About You:

Education:

Finance related  degree / MBA

 

Minimum Experience and Knowledge: 

8 - 10 years Finance Experience with involvement in previous Finance / Treasury transformation programs across various domains

 Job-Specific/Technical Skills:

Deep and broad understanding of the Finance functions (reporting, budgeting and planning, operating models, high level understanding of systems and processes design, project implementations);

Ability to think strategically, influence upwards and into the organization; deal with complexity; influence and lead change, work together in a team; good communication skills

  1. Senior resource with good understanding of the business
  2. Ability to influence and motivate
  3. Representative of the Steerco member for the day to day project management activities and decision-making
  4. Level of expertise around Treasury / Finance and existing environments
  5. Open minded and Progressive thought leadership
  6. Ambassador of the Finance transformation programme in the respective functions
  7. Core member of the Finance Transformation program project team
  8. Team player
  9. Good communication skills
  10. Ability to source the right expertise from within the business (subject matter experts)
  11. Ability to make decision
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.