Financial Analyst | Al-Futtaim Motors | Finance

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 :

This role will support the Sr. Financial Controller – FP&A with respect to business budgeting, forecasting & monthly reporting.

What you will do :

Budgeting and Forecasting

• Support in the preparation of budgets for AFM in conjunction with the commercial business department to ensure reliability of the key assumptions.
• Control and monitoring of operating budget, investigating variances where necessary.
• Support in the re-forecasting of the budget during quarterly financial reviews recommending upward or downward adjustments considering market conditions and business requirements.
• Support with the budgeting and forecasting :

1. Calendar, and process
2. Templates and requirements
3. Guidelines and assumptions
4. Power Point Presentations

Management Reporting

• To support Finance Managers, manage and maintain month end actual reporting process, ensuring accuracy, integrity, and timeliness.
• Perform analysis; Prepare standalone and aggregated periodic Management Packs.
• Support and maintain minimum KPIs and Metrics to be reported on a periodic basis at the level of :

1. Divisions
2. Business Unit

P&L and Balance Sheet Management and Substantiation :

• Ensure that all guidelines are followed related to governance of P&L and Balance sheet FS items.
• Ensure all related transactions are posted before the closure of books during each month-end.
• Trend report and schedules should be updated monthly with relevant KPIs.
• Review & analyze on monthly basis the misstatements under each Balance sheet G / L.
• Liaise with various teams to identify the key issues and resolve the misstatements.
• Support Audit requirements both Internal and External Audit.

Commercial Finance and Business Support Analysis :

• Support in analysis of Investments and Capex.
• Support in Principal analysis e.g., yen impact, payment terms.
• Analysis of Inventory, Sales (Pricing) and GM by channel.
• Prepare analysis by Showroom / Facility.
• PCP and lease analysis.
• Support in Strategic sourcing and cost optimization opportunities.

FP&A Financial Reporting Systems & Dashboards :

• Understand the full end to end process of SAP, BPC and BIW system.
• Understand dashboards using Power BI, Tableau and Alteryx resolving data reconciliation differences and advise on enhancements.

Others :

• Support the FP&A team in any adhoc project.
• Support in P&L and BS reporting and uploading in the respective IT system for budgets, Forecasts, Group Half yearly and Annual reviews.
• Coordinating with various stakeholders for maintaining the accuracy and effective accounting.

Required Skills to be successful :

• Automotive experience, preferably with strong understanding of aftersales operations and KPIs.
• Strong planning experience.
• Good working knowledge of ERP’s, preferably SAP - hands-on experience building Alteryx workflows.
• Proven track record of preparing presentations for senior stakeholders.

About the Team :

You will be reporting to Sr. Financial Controller.

What equips you for the role :

• Qualified in Finance, Accounting, or equivalent.
• Automotive experience preferable.
• 4 -5 years of relevant experience.
• Excellent communication, analytical, written, and interpersonal skills, and proven ability to work with business finance teams and various stakeholders.
• Established record in managing multiple and competing priorities. Ability to meet deadlines and work well under pressure in a fast-paced environment.
• Present concepts, recommendations, and analyses to senior management in a clear, concise, and actionable manner.
• Able to identify, act and implement ideas that drive continuous improvement.
• Hold expertise in designing all kinds of PowerPoint presentations for multiple stakeholders and in various styles. Technical know-how to maximize Microsoft PowerPoint's functions, and the creative background needed to beautify presentations that drive clear objectives using “think cell” to create financial charts.
• Strong working knowledge of Microsoft Office.
• Knowledge of SAP BPC, SAP Analytics Cloud (SAC), Tableau, Alteryx and Power BI preferable.
• Work independently with limited supervision. A Self-starter, with a passion to act while focusing on delivering results.