Senior Financial Controller | Al Futtaim
Company Name: Al Futtaim
Qualification: ACCA, CPA, CFA, Masters & Bachelors Degree
Location: Dubai, United Arab Emirates
Salary Range: 15,000 AED – 20,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
We are the one-stop shop for today’s savvy property investor looking for the best property investment opportunities in the world with no boundaries. Our companies goal is to be the market leader for UK and overseas property investment by developing an unparalleled global portfolio of secure investment opportunities delivered with a property investment advisory service second to none. Our property investment opportunities are geared towards the arm-chair property investor.
All of our opportunities are structured in an ‘Investor-Friendly’ configuration, delivered with turn-key management solutions giving you the peace of mind that you can sit back whilst your investment delivers a residual income and capital growth.
Job Description/Role
What you will do:
- Partner with Country leadership, MD and COE teams to establish Global Used cars P&L performance review and develop reporting / KPIs to review with key stakeholders. Focus on profitability, working capital optimizations & cashflow improvements
- Drive the value chain & support in multi-demensional transformation program. Timely identification and escalation of risks & opportunities.
- Support operational teams in execution of turnaround initiatives related operations
- Financial ownership of all Sri Lanka operations including financial closing, audits, balance sheet substantiation, Internal audit observations resolution
- Understand market dynamic and translate it to financials implication to drive P&L and Cashflow optimization.
- Managing the financial reporting for the organisation. This includes monthly financial reporting, budgeting and forecasting, 5-year financial plans and all statutory financial reporting
- Managing and overseeing the taxation affairs of the organisation and liaising with the external tax firm for specialist advice
- Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls
- Managing hedging and foreign currencies
- Managing the External Auditor relationship and ensuring the organisation is compliant with accounting standards
- Managing and overseeing the company’s banking and borrowing arrangements
- Managing relationships with Investors and creditors
- Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
- Review and analysis of monthly financial statements of Sri Lanka operations and dispersion management across all operations
- Instill a culture of governance & process driven controls. Review, Document & implement processes related to key business areas
- Development, maintenance and analysis of divisional specific reports and dashboards;
- Optimizing financial processes and performance through data analysis (e.g., process mining, business intelligence);
- Analysis of consolidated product/trim level tactical spends & margins
- Support in development and delivery of extensive KPI pyramid
- Lead initiatives to improve financial decision making and visibility regarding inventory, demand, and supply.
- Be the voice of finance in business and operations reviews. Challenge business case from a profitability and cashflow perspective
- Collect data from both internal and external resources on various types of costs. Income and expense projection and variance analysis
- Prompt support to get ad-hoc data and analysis for MD & GM’s
- Play Active role with Brands teams on end-to-end forecasts, annual budget, strategic plans preparation
Required Skills to be successful:
- Automotive Experience
- Minimum of 5 years’ experience as Sr. Financial Controller
- Excellent Communication skills
- Certified accountant (CPA, CMA. ACCA)
About the Team:
You will be reporting to GM – Finance
What equips you for the role:
- Qualified Accountant or equivalent post graduate qualification.
- Minimum 12-15 years relevant experience
- Excellent numeracy skills, Analytical skills, Positive leadership, Team-builder, Commercial awareness
- Well-developed oral and written communication skills are a must. Ideal candidate must be self directed. Strong interpersonal and team building skills.
- Previous experience in a similar position in a world class organization will be advantageous.