Job Requisition ID: 73649
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
Come join us to live well, work better, and be the best.
To provide analytical / commercial / Information support to Sr. Financial Controller & Omasco Senior Management team, contribute to performance reviews / operational decision making and improvement plans in meeting the company profitability & financial objectives. Support growth and strategy.
Annual plans and Rolling Forecast
a) Support Sr. Financial Controller in preparation of annual plans and periodical reviews (quarterly and monthly rolling forecast).
b) Liaisoning with Head of Division for preparation of Sales and Gross margin Budget / Forecast and setting up annual operational Budget KPI’s
c) Monthly updates of IFRP, BPC and other information reporting to Automotive Group Finance and Group Finance.
d) Preparation of Yearly and Quarterly budget presentation.
e) Cashflow forecast
MIS and Management reporting:
(a) Preparation of monthly management reports and presentation for management board.
(b) Reporting and analysis for each Omasco Division and brands, strong focus on KPI’s
(c) Support Sr. Financial Controller in divisional performance reviews and variance analysis.
(d) Co-ordinate and support Finance team in GL review and accounting related issues.
(e) Preparation of accounts in compliance with IFRS and IAS
(f) Coordinating with auditor for finalisation of annual accounts.
Working Capital and Cashflow
(a) Review and advise Sr. Financial Controller in all aspects of working capital planning by analyzing historical data and validating underlying assumptions
(b) Analysis and reporting of Divisional working capital and cashflow impact.
Principal Support / Duty Drawback and Factor
a) Maintaining and reconciling Principal support account with HOD’s and suppliers
b) Tracking recovery of duty draw back on export transactions
c) Reviewing reconciling Factors (expense provision for Goods receipt) by Division
(a) Provide analytical support to Sr. Financial Controller in evaluating divisional pricing strategies.
(b) Support in preparing monthly Honda Car price list (CBU)
(c) Liaisoning with Product Manager and review of new Car order planning.
(d) Support new car sales admin team for setting up campaign pricing and mapping GL’s
(e) To support and advise Sr. Financial Controller in capex and project evaluation and prepare feasibility reports.
System and process Development
(a)Advice and support Sr. Financial Controller and Head of Business in system and process development for new initiatives and existing process improvements.
(b)SAP Hyper User and a key project member in the proposed implementation IS Auto, SAP BO & BW
The job entails analytical and information support to business units in achieving the financial and profitability objectives. The job holder coordinates with the Sr. Financial Controller and Head of Division in delivering the above objectives. The jobholder will liaise and support Finance team on a continuous and daily basis in interpreting the financial records and ensuring accuracy within the management information systems.
QUALIFICATIONS, EXPERIENCE, & SKILLS:
Chartered Accountant / Cost Accountant / CPA / CMA
5 / 8 years similar experience, preferably worked with big4 Audit firm / Automotive background
Job-Specific Skills: Strong accounting knowledge, practical Knowledge of IFRS and International Accounting Standards, analytical, advanced systems skills in particular Advance MS Excel, Power Point, SAP, ability to manage and understand a large, complex, multi branded business, good communication skills and team player, ability to work independently.
Behavioural Competencies: able to plan & prioritise tasks; initiative; self starter; strong team player, positive can-do attitude, easy to reach out, go extra mile to support management team.
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.
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