28 Oct
Robinson(Singapore) Pte Ltd
Dubai
UAE National Finance Manager | Al-Futtaim Automotive | FinanceEstablished 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.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:The role will support the Divisional Management team in all Finance and Administration matters. This will include decision support for budgeting, forecasting, MIS, and KPI achievement, ensuring compliance with company policies and procedures with major emphasis on cash control, sales accounting and approvals, credit controls & approvals, stock controls, audit report follow-up, and day-to-day internal controls review and improvement.What you will do:Budget / MIS and KPI monitoring:Support branch management and BAM’s on preparation of Budget/Forecast, Performance summary and review of variance analysis. Support GM - Retail in review of Retail KPI trends and improvement plans with Branch Management. Prepare reports and analysis for monthly Branch reviews to be held with GM Retail & BUFM.Cash Controls:Ensure practices are in place for review of daily collection and deposit of cash and cheques by branches and scrutinize GL control accounts for exceptions and petty cash management and coordinate with AFSS (Al Futtaim Shared Services).Sales Accounting and control:Oversee via the BAM’s to ensure all documentation is complete as per company procedures for all Finance/Cash/Credit/Inter and Intra company deals. Authorize release of VCC and Sales letter as per company procedure. Validate Sales document pack/LPO and credit approval or clear funds/registration copy and authorize final release of the vehicle for customer delivery. Process refunds within the sub-delegated authority/documentation and facilitate refund process with AFSS for beyond authority levels. Check and validate all agreed checklist before confirming passport release of branch staff.Stock controls:Oversee via the BAM’s to ensure Stock controllers adhere to standard documentation and procedures with regard to stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock. Review periodical physical inventory and reconciliation to ensure physical stocks match with the system stocks.Credit Control:Oversee via the BAM’s to process credit application requests for AFSS approval and maintain relevant documentation as per approved credit deals. Authorize credit requirements within the framework of sub-delegated credit release authority from AFSS. Facilitate submission of Finance deal packs and provide support and follow up with AFF for early collection of bank debts.
Review with the Retail/SME team on overdue and collection on a periodical basis and provide status report to BSM and BUFM.Internal Audit review and recommendations:Facilitate Group internal audit review of branch operations and ensure implementation of audit recommendations. Continuous review of existing policy and procedures and recommend improvements to strengthen internal control. Ongoing Review of system process and ensure its applicability to business requirements in coordination with AFSS.Payroll:Ownership of the incentive calculation spreadsheet and ensure that the model derives correct amounts due in line with current incentive schemes.
Submission of the above to relevant management for authorization.Leadership:In conjunction with the BUFM to lead the BAM’s in the execution of their duties of ensuring sufficient financial controls are in place at all times. Carry out Ad Hoc tasks as defined by the BUFM/GM Retail or any other member of Senior Management.Required Skills to be successful:UAE national, Minimum 6 years’ experience in finance, Ability to use SAP.What equips you for the role:Bachelor’s in Accounting, 6 years experience in Accounting/Finance.Job-Specific Skills: Analytical, process-oriented, good communication skills, exposure to ERP.Behavioral Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizen attitude, self-starter; and a strong team player.About Al-Futtaim Automotive:A major division of the UAE-based Al-Futtaim Group of companies,
Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa. Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM. We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences.
We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment. What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.
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▶️ UAE National Finance Manager | Al-Futtaim Automotive | Finance
🖊️ Robinson(Singapore) Pte Ltd
📍 Dubai