Al-Futtaim Group
Al Futtaim Group is presently looking for a suitable candidate for the job position of a General Finance Manager in UAE. The role is to lead the finance team of Al Futtaim Motors (Toyota and Lexus). The incumbent will act as the principal finance support / business partner for the Managing Directors and be jointly responsible for the commercial performance of the entities within the scope.
Duties of General Finance Manager
Leadership
- Lead the Finance team to ensure both excellence in day to day service delivery and future needs.
Partnerships
- Partner with the Managing Directors and Senior Management in the pursuit of set goals and strategies. Clearly articulate the key drivers of the business.
- To report on commercial performance and all related matters to the CFO Automotive.
Budgeting, Forecasting and Reporting
- Direct the overall financial plan and accounting practice.
- Manage the financial performance by developing forecasts and monitoring ongoing performance against plan.
- Develop models for short, medium and long term forecasts to ensure the business has the necessary resources to achieve set goals.
- Ensure submissions to Auto Division are completed in a timely manner and clearly explain deviations from current trends.
Treasury Related Activities
- Ensure businesses have the appropriate funding to achieve performance objectives and liaise with Auto and Group Treasury departments as necessary.
- Ensure cash flow forecasts are submitted in a timely and accurate manner in order to plan allocation of resources.
- Ensuring compliance with Treasury Policies and Procedures related to Foreign Exchange hedging.
Performance Management
- Provide strong, forward looking analytical leadership with focus on data driven decisions.
- Manage the production of reporting tools (KPI’s, scorecards, etc) to provide management insight into revenue and expense trends, track project performance and identify potential risks and opportunities.
- Ensure Net Working Capital is optimized at all times by ensuring processes and review mechanisms are in place to monitor inventory, payables and receivables.
Governance
- To ensure the business operates within the company’s accounting policies and DOA.
- To liaise with internal and external auditors as necessary, and assist the business to implement recommendations.
- To ensure the Balance Sheet Substantiation processes are adhered to within the businesses, with monthly reviews to monitor deviations.
Job Requirements For General Finance Manager
Qualification
- Chartered Accountant or any other professional accounting qualification.
- Bachelor or Master degree in Finance.
- Outstanding interpersonal, facilitation, and presentation skills.
Experience
- Minimum of 10 years’ experience in an automotive finance role.
- Automotive background, OEM.
- Professional Finance certificate.
Desired Skills
- Excellent interpersonal & leadership skills.
- Strong quantitative and analytical skills.
- Ability to work under pressure.
- Knowledge about current market and economic trends.
Job ID
- 157968