Finance Analyst

3 months ago


Dubai, United Arab Emirates Al-Futtaim Full time

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**:
This role will support the Finance Manager, Al Futtaim Motors in handling treasury activities at business unit level, Balance sheet management and other day to day operations.

**What you will do**:
FX management
- Prepare monthly FX exposure based on the latest updates received from volumes & pricing team.
- Analyse the variance in volumes against the previous exposure and obtain the reason
- Review the pricing file against each model shared by pricing team and secure clarification in case of any material variance.
- Ensuring to receive latest shipment data for subsequent month from Demand & Supply chain team in order to review the hedging position.
- Ensure that the hedge coverage ratio against the forecasted exposure for subsequent month is as per agreed strategy
- Regularly update the FX register to arrive at Yen position at any point of time.
- Review & update the swap gain/loss to ensure the accuracy of effective Hedge rate
- Prepare the monthly Yen working & reports to arrive at the latest yen position for respective stake holders to take decision on Yen strategy.
- Raise Internal note towards JPY hedging based on the outputs from monthly yen discussion
- Review the existing hedge position and update the payments dates for subsequent hedging based on the latest exposure
- Monitor weekly JPY payments and initiate required action to book FX or take early delivery against shortfall or roll over the FX trade to future trade in case of excess hedge.
- Raise various orders in TRM for GTC to execute the trades including monthly hedging, spot purchases for shortfall, rollover & early delivery.
- Provide required workings to Treasury team to process the supplier payments against FX booked.
- Ensure with Treasury back office & I2P team that all necessary entries have been accounted in SAP
- Review the Exchange Difference G/L in detail and analyse the reason for any entries posted under this G/L
- Prepare the necessary working required for monthly Standard rate fixation.
- Ensure the accuracy of FX exposure, paid GIT, swap gain/loss, unhedged coverage while preparing standard rate working in order to avoid any Exchange gain/loss impact.

Cash Flow Budgeting and Forecasting
- Prepare bi-weekly Cash flow as per template shared by group treasury.
- Ensure the accuracy of bi-weekly Cash flow data based on the latest forecast i.e. based on inputs from volumes team on Inventory, Collections data from respective business team and others.
- Review the actual opening balances of Cash and Borrowings and provide material variance analysis of the movements against the budget/forecast/previous month.
- Ensure that Bi-Cash flow is shared with Divisional FP&A team and uploaded in Anaplan EIT portal within timelines.

Balance Sheet Management and Substantiation
- Ensure that all guidelines are followed related to governance of Balance sheet FS items
- Ensure all related transaction are posted before the closure of books during each month-end.
- Trend report and schedules should be updated monthly with relevant KPIs.
- Review & analyze on monthly basis the misstatements under each Balance sheet G/L.
- Liaise with various teams to identify the key issues and resolve the misstatements.
- Support Audit requirements both Internal and External Audit.

Balance Sheet Budgeting and Forecasting
- Assist in forecasting Balance Sheet along with specific details and schedules.
- Report and review Balance sheet items and provide variance analysis between the months/ budgeted amount and/ or against forecast along with KPIs

Others
- Support the FP&A team in any other adhoc project.
- Support in P&L and BS reporting and uploading in the respective IT system.
- Coordinating with various stakeholders for maintaining the accuracy and effective accounting.

**Required Skills to be successful**:

- Provide support to manager in various FX (Forex) related transaction for entity by preparing FX exposure, managing FX requirement with Group & banks, provide timely FX settling instruction to payments team & fixation of currency rate in system.


  • Finance Analyst

    3 months ago


    Dubai, United Arab Emirates ARV Solutions Full time

    Looking to join an established business with major growth plans in Dubai? Then now is a good time to contact us about this role and company. This construction and manufacturing company have a number of facilities in the Middle East and now looking to bring in a finance analyst for their growing finance section. **Responsibilities**: The Financial Analyst...


  • Dubai, United Arab Emirates myGwork Full time

    DescriptionAmazon ME is seeking a highly analytical and detail oriented candidate to join the Operations Finance team in UAE. As part of the team, the analyst will be responsible for financial close and reporting activities, along with designing, building, automating and maintaining improvements. The analyst will work closely with the business team, HR team,...

  • Finance Analyst

    5 months ago


    Dubai, United Arab Emirates Energetech Full time

    **About Energetech** Our mission at Energetech is to accelerate the global path towards the green transition. We are an energy trading company that brings together the best talent from around the world to reinvent the way energy flows through global markets. We are looking for a talented and dynamic Financial Analyst to join our Finance team here in Dubai....

  • Finance Analyst

    3 months ago


    Dubai, United Arab Emirates Mott MacDonald Full time

    Finance Analyst **Country**:United Arab Emirates**Position Location**:Dubai, UAE**Contract Type**:Permanent**Work Pattern**:Full Time**Sector**:Corporate services**Discipline**:Finance and accounting**Job Ref**:1682**Recruiter Contact**:Anuja Panchal**About the Job** - As a part of the Middle Finance Team, the Finance Analyst will be responsible for...

  • Finance Analyst

    3 weeks ago


    Dubai, United Arab Emirates Credable Group Full time

    **Finance Analyst**: Dubai, UAE Welcome to Credable! The Role: We are seeking a dynamic and experienced Finance Analyst to join our team and drive our financial strategy, investor relations, and business planning. You will work closely with the CFO across various verticals including, financial budgeting, financial modelling and planning, legal reviews,...

  • Finance Analyst

    4 months ago


    Dubai, United Arab Emirates Shardeum Foundation Full time

    **About the Company**: Shardeum is building a layer 1, EVM-based, linearly scalable, smart contract platform that provides low gas fees forever while maintaining true decentralization and solid security through dynamic state sharding. Shardeum aims to be a chain capable of onboarding over a billion people to the crypto revolution, while also democratizing...

  • Finance Analyst

    3 months ago


    Dubai, United Arab Emirates Hatta Adventures LLC Full time

    Role: Finance Analyst/Manager Location: Dubai **Job Description**: - Consolidate and analyse financial data (budgets, income statement forecasts etc) taking into account company’s goals and financial standing - Provide creative alternatives and recommendations to reduce costs and improve financial performance - Assemble and summarize data to structure...

  • Finance Analyst

    3 months ago


    Dubai, United Arab Emirates Hatta Adventures LLC Full time

    Role: Finance Analyst Location: Dubai **Job Description**: - Consolidate and analyse financial data (budgets, income statement forecasts etc) taking into account company’s goals and financial standing - Provide creative alternatives and recommendations to reduce costs and improve financial performance - Assemble and summarize data to structure...

  • Finance Analyst

    3 months ago


    Dubai, United Arab Emirates Huda Beauty Full time

    **Who We Are**:At Huda Beauty, our Vision is to lead in creating a democratized beauty industry where power is given back to people to define, create, and enjoy beauty for themselves! Launched by award-winning beauty powerhouse Huda Kattan in 2013, Huda Beauty is one of the world’s fastest growing beauty brands. As a company, we are fuelled by purpose...

  • Finance Analyst

    4 months ago


    Dubai, United Arab Emirates Skill Farm Full time

    Qualifications AndExperienceQualified charteredaccountant or a Masters degree with specialization inFinance.Proven and minimum 5 years ofexperience as a Financial Analyst with a focus onanalytics.Strong proficiency in PowerBI,PowerPoint, and Excel is essential.Knowledgeof finance principles, budgeting, forecasting, and financialmodeling.Excellent analytical...


  • Dubai, United Arab Emirates Upfield Full time

    **Commercial Finance Analyst** At Upfield our purpose is clear: we make people healthier and happier with nutritious and delicious, natural, plant-based products that are good for you, our planet; and with packaging that's free from plastic. We've got iconic brands like Rama, Country Crock, Blue Band and Flora that people all over the world know and love....


  • Dubai, United Arab Emirates myGwork Full time

    DescriptionAmazonME is seeking a highly analytical and detail oriented candidate tojoin the Operations Finance team in UAE. As part of the team, theanalyst will be responsible for financial close and reportingactivities, along with designing, building, automating andmaintaining improvements. The analyst will work closely with thebusiness team, HR team,...


  • Dubai, United Arab Emirates Amazon Middle East and North Africa FZ-LLC Full time

    Bachelor's degree in computer science, engineering, mathematics or equivalent - 5+ years of business analyst, data analyst or similar role experience - Experience with SQL - Experience with data visualization using Tableau, Quicksight, or similar tools We are looking for an outstanding Business Analyst with broad technical skills to build analytic and...


  • Dubai, Dubai, United Arab Emirates Robinson & Co (Singapore) Pte Ltd Full time

    Senior Finance Analyst | Retail | Al-Futtaim GroupAl-Futtaim Group, a leading regional business headquartered in Dubai, United Arab Emirates, is seeking a highly skilled Senior Finance Analyst to join its team. As a key member of the finance department, you will play a crucial role in supporting the execution of all M&S MENA finance activities.Key...

  • Fp&a Analyst

    4 months ago


    Dubai, United Arab Emirates Property Finder Full time

    Property Finder is the leading digital real estate platform in the Middle East and North Africa region. A UAE-born startup, Property Finder expanded its operations to Qatar, Bahrain, Saudi Arabia, and Egypt over the years. Recently, it acquired a significant stake in Zingat in Turkey. The company is one of the largest technology start-ups in the region and...


  • Dubai, Dubai, United Arab Emirates Adidas Full time

    Job SummaryWe are seeking a highly skilled Digital Finance Analyst to join our team in Emerging Markets. As a key member of the Hub FP&A team, you will play a critical role in analyzing and supporting the growth of our Digital sales channel across the region.Key ResponsibilitiesPartner with Digital commercial and finance counterparts to provide timely and...


  • Dubai, United Arab Emirates McCormick & Company Full time

    **FINANCE ANALYST SUPPLY CHAIN** **Dubai, UAE** **MAIN RESPONSIBILITIES** - Period end accruals and open POs follow ups and settlement monthly - Month end closing and analysis where required monthly - Cost / Expense analysis regularly - Analyse inventory risks and complete follow ups regularly - Account reconciliations regularly - Periodic inventory counts...

  • Finance Analyst

    3 months ago


    Dubai, United Arab Emirates Uqudo Full time

    **Title**: Finance Analyst - Costing and Receivables **Function**:Finance **Location**: Dubai, UAE **Job Type**: Permanent/Full time **Company Overview**: In a world increasingly reliant on digital interactions, trust is the foundation upon which meaningful business relationships are built. As online transactions continue to surge at an unprecedented...


  • Dubai, Dubai, United Arab Emirates myGwork Full time

    About myGworkmyGwork is a leading company in the industry, seeking a highly analytical and detail-oriented candidate to join our Operations Finance team in the UAE. As part of the team, the analyst will be responsible for financial close and reporting activities, along with designing, building, automating, and maintaining improvements.Key...


  • Dubai, United Arab Emirates Unilever Full time

    **Job Title**: Supply Chain Finance Analyst **Function**: Finance **Scope**:Supply Chain Finance B&W & PC Turkey **Location**:Dubai, UAE **Business Context and Main Purpose of the Job**: - The primary responsibility of this role is to prepare and analyze bottom-up material cost, production and distribution actuals monthly. - Work closely with different...