Finance Business Partner
7 days ago
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
We are looking for a dedicated and experienced Finance Business Partner to join our Toyota and Lexus B2B Finance team. This role is integral to our business, working closely with the brand FP&A (Financial Planning & Analysis) team and other AFG (Al Futtaim Group) finance teams to drive financial performance and support strategic decision-making.
What you will do
- Lead the budget and forecasting activities within the B2B (business to business) function, including preparing annual budgets, monthly/quarterly forecasts, and inventory and accounts receivable forecasts.
- Prepare detailed reports and analyses for monthly reviews with B2B management, including margin and expense analysis with commentary.
- Perform regular financial reviews and variance analysis to ensure business performance aligns with budgets and forecasts.
- Provide commercial support by assisting in preparing pricing proposals, reviewing volume rebate programs, and validating cost requirements.
- Conduct detailed annual reviews of extended warranty utilization models and ensure accurate accounting of warranty provisions.
- Work with the team to analyze products and provide management reporting dashboards.
- Oversee sales accounting and cash control, ensuring compliance with company procedures.
- Review and control indirect costs, ensuring accurate cross charges and site-wise allocations.
- Ensure adequate insurance coverage and support aged stock liquidation efforts.
- Review AR provision and facilitate timely submission of finance deal packs.
- Ensure compliance with finance SOPs (Standard Operating Procedures) and facilitate external or group internal audit reviews.
- Lead and supervise the finance team, providing training and support as needed.
Required skills to be successful
- A degree in finance, accounting, or a related field.
- Professional certification (e.g., CPA, CFA, ACCA, CA) is preferred.
- Proven experience in a finance business partner role or similar position.
- Strong knowledge of financial systems and tools, including SAP.
About the team
You will be part of the Toyota and Lexus B2B Finance team, a dynamic and collaborative group that works closely with the brand FP&A team and other AFG finance teams. Our team is dedicated to driving financial performance and supporting strategic decision-making across the business.
What equips you for the role
- Excellent problem-solving skills and attention to detail.
- Ability to work under pressure and meet tight deadlines.
- A proactive and results-oriented approach to work.
- Strong financial acumen and experience in budgeting, forecasting, and financial analysis.
- Excellent reporting and MIS skills, with the ability to prepare detailed reports and analyses.
- Experience in commercial support, including pricing proposals and volume rebate programs.
- Knowledge of extended warranty utilization models and warranty provision accounting.
- Strong analytical skills and the ability to provide actionable insights and recommendations.
- Excellent communication and collaboration skills, with the ability to work effectively with various departments.
- Leadership experience, with the ability to supervise and train finance teams.
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.
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.
For further information, and to apply, please visit our website via the "Apply" button below.
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