Finance Business Partner Al Futtaim Automotive UAE

Al-Futtaim Group is currently seeking a talented and performance driven Finance Business Partner to join Al Futtaim Automotive Division in UAE. This is a mid-management role with specific focus on steering the accounting and financial processes of Industrial Equipment business. Desirous candidates must grab this oppertunity before due date.

Duties of Finance Business Partner

Management and Control

• To deliver monthly closure of books of accounts as per the group accounting policies.
• Approval and supervision of monthly provision entries as per business requirements.
• Contribute to the development of business management through monthly reviews and recommendation of improvement initiatives.
• Review and initiate cost saving measures in the business.
• Support business in making commercial decisions by providing financial acumen.
• Review contracts for large B2B customers and actively participate in pricing the tenders etc for the business.
• Partner with business in formalizing the financing solutions for customers and review of LC and BGs.
• Assist the BUFC with principal arrangements and negotiations including LCs.
• Support business with collections and interfering wherever there are reconciliation issues.
• Ensure compliance of laws and regulations like VAT etc.
• Ensure compliance of IFRS for revenue booking, cost and expenses.
• Ensure application of appropriate internal controls, compliance and financial processes.
• Liaise with various AF Group departments like Group Legal, EIT, Group Admin, Group HR, etc.
• Liase with AF Group companies for IHF (long term and short term)
• Supervision of Accounts Payable, Accounts Receivables, Inventory and petty cash activities.
• Review insurance policies for the company and come up with the optimum policies.
• Conduct order study for optimal ordering.
• Manage SAP system related changes to ensure compliance of invoice formats and accounting processes.

Financial Reporting

• Design and implement best practices and process improvements within the Financial Reporting, Accounting and Financial Controlling processes.
• Review accounting policies and suggest improvements if required.
• Evaluate Business decisions and review financial impacts.
• Review and reconciliation of BS accounts as part of the Balance sheet Substantiation process.

Finance Business Partner Job Requirements

Qualification

• Bachelor degree in Finance & Accounting.
• CA/ ACCA/ CMA/ Certified Accountant.

Experience

• Minumum 5 years experience in similar role.

Skills & Knowledge Desired

• Principal and customer negotiations.
• Stakeholder management.
• Strong understanding of P&L and Balance sheet.
• Commercial understanding (contracts and commercials).
• Pricing of tenders / deals.

Procedure to Apply

If you wish to grow with us, please apply now and become part of the Al-Futtaim Group. To apply for job of Finance Business Partner , please use the Apply Now button. It will redirect you to official registration form. Once you are on registration portal, complete your profile by adding your personal and professional details. You will also need to upload your updated CV & other relevant documents. Finally, follow instructions provided to complete the application process. Good luck!

Job ID

• 158048