UAE National Finance Transformation Lead | Al-Futtaim Automotive | Finance
Date: 17 Sep 2024
Location: AE
Company: Al Futtaim Private Company LLC
Job Requisition ID: [[163486]]
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the role:
As the Finance Transformation Lead, you will play a critical role in supporting the Head of Finance Transformation in driving strategic initiatives aimed at transforming the finance function within the organization. You will lead specific projects and initiatives, collaborating closely with cross-functional teams to streamline processes, leverage technology, and optimize resources to enhance financial efficiency and effectiveness. This role requires a combination of financial expertise, project management skills, and change management capabilities.
What you will do:
- Project Leadership: Lead finance transformation projects from initiation to completion, ensuring alignment with overall transformation goals and objectives. Support the head of finance transformation in developing project plans, business case, timelines, and deliverables, and oversee project execution through a tool and drive results.
- Process Optimization: Identify opportunities to streamline and standardize finance processes to improve efficiency, accuracy, and compliance. Work closely with finance teams to redesign workflows, implement best practices, and automate repetitive tasks.
- Technology Integration: Collaborate with IT and finance teams to evaluate, select, and implement finance technologies (e.g., ERP systems, automation tools, data analytics platforms). Lead efforts to integrate new technologies into existing systems and processes to enhance financial reporting, forecasting, and analysis capabilities.
- Change Management: Support the Head of Finance Transformation in driving a culture of continuous improvement and change readiness within the finance function. Develop change management plans, communication strategies, and training programs to facilitate smooth adoption of new processes and technologies.
- Stakeholder Engagement: Engage with key stakeholders across the organization, including finance, IT, operations, and business units, to ensure alignment and collaboration on transformation initiatives. Build strong relationships with stakeholders and provide regular updates on project progress and milestones.
- Performance Measurement: Define KPIs and metrics to measure the effectiveness and impact of finance transformation initiatives. Monitor and analyze performance data to identify trends, opportunities, and areas for improvement. Prepare regular reports and presentations for senior leadership.
- Risk Management: Identify and mitigate risks associated with finance transformation projects, including potential impacts on financial reporting, compliance, and internal controls. Ensure that transformation efforts adhere to regulatory requirements and industry best practices.
- Team Collaboration: Collaborate with other members of the finance transformation team to share best practices, lessons learned, and resources. Provide support and guidance to team members as needed to ensure successful project delivery.
Required Skills to be successful:
- Project management experience including usage of any pm tools.
- Very strong verbal and written communication / presentation skills.
- Drafting / creating project charter, business case preparation & related experience.
- Understanding of core financial areas such as Financial Planning & Analysis, Financial Controlling.
About the Team:
You will be reporting to Head of Transformation - Finance
What equips you for the role:
- Bachelor's degree in finance, accounting, business administration, or related field; MBA or advanced degree preferred.
- Finance Certification, ACCA, CFA or other relevant professional certifications preferred.
- 6+ years of experience in finance, accounting, or related roles, with a focus on process improvement, technology implementation, or transformation initiatives.
- Proven project management skills, PMP, Prince 2 including the ability to lead cross-functional teams and deliver projects on time and within budget.
- Strong understanding of finance principles, accounting standards, and financial systems.
- Excellent communication, interpersonal, and stakeholder management skills.
- Change management expertise, with the ability to drive cultural change and overcome resistance to change.
- Analytical mindset with the ability to solve complex problems and make data-driven decisions.
- Experience working with finance and accounting software applications, SAP systems, Power BI, and data analytics tools.
- Ability to work effectively in a fast-paced, dynamic environment with evolving priorities and deadlines.
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.
Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.
Additional Internal Information:
• Reports to: Head of Transformation
• Band: H
Note:-
You must have been an Al-Futtaim employee for at least 18 months in order to be considered.
You must inform your HRBP in confidence of your application.
Please note that this vacancy may be advertised externally in the next week so apply without delay.