AF25753 - Finance Manager | Automotive Corporate

Department: Corporate
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 28-Feb-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.

Automotive

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

Corporate

Toyota, Honda, Marks &Spencers, Ikea, Toys R Us and Dubai Festival City are just some of the amazing stable of world renowned brands managed by the Al Futtaim Group of Companies. Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses in the Gulf region. Today, Al-Futtaim operates through more than 65 companies in sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Saudi Arabia, Sri Lanka, Syria, Pakistan, Singapore and Europe.

Al-Futtaim is regarded as a pioneer in the Gulf region's Automotive industry and encompasses every aspect of the Automotive business; from passenger and commercial vehicles and construction equipment sales and service, to used car sales and rental and leasing. The Automotive Division is currently eMDarking on an aggressive 5 years expansion plan

About the Company:

Toyota, Honda, Marks & Spencers, Ikea, Toys R Us and Dubai Festival City are just some of the amazing stable of world renowned brands managed by the Al Futtaim Group of Companies. Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses in the Gulf region.  Today, Al-Futtaim operates through more than 65 companies in sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Saudi Arabia, Sri Lanka, Syria, Pakistan, Singapore and Europe. 

Al-Futtaim is regarded as a pioneer in the Gulf region's Automotive industry and encompasses every aspect of the Automotive business; from passenger and commercial vehicles and construction equipment sales and service, to used car sales and rental and leasing. The Automotive Division is currently embarking on an aggressive 5 years expansion plan.

About the Job:

Job Title: Finance Manager

Division and Company:  Automotive Corporate 

Reports to: GM Finance 

To establish, manage and maintain financial processes and activities within the Automotive Corporate department. The candidate’s primarily focus is to ensure the accuracy, integrity and timeliness on the month end actual reporting process, budgeting, forecasting and strategic planning submissions and will work closely with the Automotive Shared Services department, group finance and business units to understand the operational impact on these activities. The candidate will provide financial inputs, advice and support to the LM and will be involved in many ad hoc projects.• To establish, manage and maintain month end actual reporting process, budgeting, forecasting and strategic planning submissions, ensuring accuracy, integrity and timeliness. Focus also includes cash flow forecasting and balance sheet integrity, providing monthly reviews and recommendation of improvement initiatives.

• Preparation of budgets in conjunction with the commercial business department to ensure reliability of the key assumptions. Control and monitoring of operating budget, investigating variances where necessary. Responsible for re-forecasting the budget during quarterly financial reviews recommending upward or downward adjustments in light of market conditions and business requirements.
• Contribute to finance improvement projects, particularly in relation to reporting automation and process improvements. Develop reports and financial analysis as required for external and internal purposes. Analyze business performance using financial and statistical techniques to monitor business trends and the effectiveness of strategic initiatives. This includes analytical support of capital investment decisions and future strategic initiatives.
• Ability to build financial models to support forecasting, business analysis, and financial metric reporting. Assist with capital budgeting and investment decision analysis using key business drivers
• Maybe required to travel overseas for business purposes to keep an eye and keep everything under control within the business.

About You:

Education: CA/CPA//CIMA/ACCA/CFA/CMA or equivalent.

Minimum Experience and Knowledge: Minimum 7 years of experience in the field of Financial and Management accounting, preferably with Multi National or PLC company experience. Extensive knowledge of Financial management and Accounting systems. Some business development and process improvement skills.

Job-Specific Skills:

  • Demonstrated experience developing management reporting packs and presenting to senior leadership; the ability to build financial models to support forecasting, business analysis, and financial metric reporting
  • Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects);
  • Extensive knowledge of Financial package SAP and/or other ERP with the ability to quickly learn new programs as required
  • Experience with capital budgeting and investment decision analysis. Ability to understand business drivers
  • Excellent written and verbal communication and comprehension skills, including the ability to prepare PowerPoint presentations to the board.
  • Ability to work well under pressure and effectively handle multiple, concurrent demands and appropriately prioritize responsibilities
  • Team player who is pro-active, strong attention to detail and understands data structure and the integrity with regard to reporting.  Ability to work effectively and efficiently with Automotive Shared Services department, group finance and individual business units.

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.