Finance Manager FP&A

Established in the 1930s as a trading business, Al-Futtaim Group 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 purpose of this role is to support the FP&A function, managing the budgeting and forecasting activities of financial services which consist of AFF, H&M, Hertz, MOOV, Thrifty (Oman), AVR (Qatar). This is an existing position that has arisen due to the movement of the current employee.

What you will do:

Financial Planning and Analysis

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

Systems

1. SAP Budget Upload module, SAP BPC, Auto IFRP.
2. Lead the system enhancement and implementation with new and proposed CRs and RFCs.
3. Support in overall process improvement.

Governance and process improvement

1. Overall governance of FP&A activity.
2. Manage the target setting process.

Required Skills to be successful:

1. FP&A experience.
2. CA certified.
3. Minimum of 6 years' experience in FP&A.
4. SAP user.

About the Team:

You will be reporting to the Senior Manager FP&A.

What equips you for the role:

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

About Al-Futtaim Automotive:
A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with a 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.