Overview

Overview of the role: The purpose of this role to support FP&A function, managing the budgeting and forecasting activities of financial services consists of AFF, H&M, Hertz, MOOV, Thrifty (Oman), AVR (Qatar). This is an existing position that has arisen due to the movement of current employee.

What you will do:
Financial Planning and Analysis:

  • Support the FP&A function with respect to an asset portfolio of over AED c. 1Bln (vehicle leasing, rental and lending)
  • Preparation and Maintenance of Financial Models for Financial Services, Rental & Leasing entities for budgeting and forecasting activities. Support overseas Rental & Leasing entities during budgeting & forecasting exercise
  • Submission of budgets & forecasts in a timely manner in SAP & other modules like IFRP, BPC etc.
  • Preparation of Business Plan: To ensure that business plan is prepared for 3 year or 5 year periods for all the entities for fund-raising activities
  • Monthly Sales Target setting: To coordinate with sales team in monthly target setting process. To ensure that product penetration set are in line with budgeted or forecasted targets
  • Payplan review: Ensure that pay plan grids or slabs at brand level are reviewed on periodic basis for B2B & B2C channels to track ITI% vis-à-vis budget or forecast
  • MIS reporting and Variance analysis: To prepare KPI analysis with respect to revenue streams of all the entities. To calculate/arrive the revenue variance based on revenue components for all the entities
  • Monthly Dashboard & Scorecard: To prepare dashboard and scorecard highlighting key financial KPI’s variance vis-à-vis Budget/Forecast/Last year for monthly & periodic financials
  • Assist in Monthly Board presentation deck: Prepare and compile slides related to financial KPI’s for monthly board presentation

Systems:

  • SAP Budget Upload module, SAP BPC, Auto IFRP
  • Tableau for detailed revenue analysis
  • Lead the system enhancement and implementation with new and proposed CRs and RFCs
  • Support in overall process improvement

Governance and process improvement:

  • Overall governance of FP&A activity
  • Manage the target setting process

Required Skills To Be Successful:

  • FP&A experience
  • CA certified
  • Minimum of 6 years’ experience in FP&A
  • SAP user

About the Team: You will be reporting to Senior Manager FP&A
What equips you for the role:

  • Education: Chartered Accountant
  • Minimum Experience and Knowledge: Automotive, financial services, rental and leasing industry
  • Advanced Excel, Financial Modelling & SAP

About Al Futtaim Automotive

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.