Description
Job description / Role
Job Type
Full Time
Job Location
Dubai, UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Retail
About the company
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
The Financial Analyst will be responsible for providing analytical and commercial support to the management team, contributing to performance reviews, operational decision-making, and improvement plans. The role involves budgeting, forecasting, and producing detailed management reports to support the company's profitability and financial objectives. Additionally, the Financial Analyst will aid in working capital guidance, commercial financial evaluations, and support annual audits, all while driving system and process improvements within the organization.
What you will do
Prepare annual budgets and periodic forecasts while ensuring adherence to agreed timelines.
Provide quality support and structured reporting to the management team for accurate financial insights.
Prepare daily, weekly, and monthly management reports and presentations for the management board.
Support divisional performance reviews and conduct variance analysis.
Coordinate with the finance team for general ledger reviews and manage accounting-related issues.
Review, manage, and process incentives.
Assist management in understanding financial metrics and influences.
Advise the Finance Head on working capital planning and validate underlying assumptions.
Prepare monthly cash flow statements and forecasts.
Identify areas for improvement and provide early warning signals.
Continuously follow up and update action initiated by business units.
Offer analytical support for evaluating pricing for specific deals.
Analyze monthly sales versus expected targets to gauge campaign and pricing decision effectiveness.
Support stock and receivables analysis.
Advise on capex and project evaluation.
Recommend improvements to incentive models.
Provide historical database maintenance and exception reporting for corrective actions.
Support the finance team during year-end audits to ensure timely completion.
Assist the team for overall development and deeper understanding of financial reports.
Facilitate audit completion without delay.
Advise on system and process development for new initiatives and improvements.
Act as a SAP user and project member for group reporting updates.
Support business units in process change coordination.
Required skills to be successful
Advanced accounting and analytical skills.
Proficiency in MS Excel and ERP systems.
Strong communication and teamwork abilities.
Initiative and the ability to work independently.
What qualifies you for the role
Qualified accountant or equivalent post-graduate qualification.
Minimum of 6 years of experience in finance-related roles.
Strong accounting and analytical skills, with advanced proficiency in MS Excel and ERP systems.
Excellent communication skills and the ability to function effectively in a complex, multi-branded business environment.
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.
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.
Apply Now