Financial Controller | Al Futtaim Automotive | FAMCO (Jeddah, SA)

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<p><b>Job Requisition ID: </b>[[157014]] </p>

<p>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. </p>

<p>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</p>
<p> </p>

<p><b>Overview of the role:</b></p>

<p>Financial controller will participate in the planning, performance management and controlling cycle of the business. He/she will be a trusted business partner to Managing Director o and his operations team. He/she will be responsible to develop the (financial) reporting process with state-of-the-art tools to provide both internal and external stakeholders with insightful, accurate and timely financial information. Within his/her role as Financial Controller, he/she has a lot of autonomy and responsibility. He/she, together with Business Control oriented staff, part of the Business finance department and will report to the General Manager of Finance.</p>

<p> </p>

<p><b>What you will do:</b></p>

<ul>
<li>Review and analysis of monthly financial statements of all business operations and dispersion management across all brands within business units;</li>
<li>Partner with Finance Leadership and to establish BU P&amp;L performance review and develop reporting / KPIs to review with key stakeholders.</li>
<li>Perform detail costing for cost to serve and provide visibility on financials KPI to drive business and operational accountability</li>
<li>Understand individual market dynamic on return and business opportunity; translate to financials implication to drive P&amp;L and Cashflow optimization.</li>
<li>Analysis of forecasts and budgets of all activities, locations, of business operations, including consistency checks;</li>
<li>First line support of business operations and local financial controllers on finance related questions;</li>
<li>Development, maintenance and analysis of divisional specific reports and dashboards;</li>
<li>Optimizing financial processes and performance through data analysis (e.g., process mining, business intelligence);</li>
<li>Analysis of consolidated product contribution margins;</li>
<li>Preparation of accounting position papers;</li>
<li>Support in development and delivery of extensive KPI pyramid across business locations and brands/companies</li>
<li>Lead initiatives to improve financial decision making and visibility regarding inventory, demand, and supply at region.</li>
<li>Be the voice of finance in business and operations reviews. Challenge business case from a profitability and cashflow perspective</li>
<li>Manage the control environment for inventory and develop best practices</li>
<li>Participate, own, and deliver business M&amp;A and unwind projects;</li>
<li>Support operational leaders and GMs </li>
<li>Liaise with peers (Sr. FCs) of all the businesses to build and deliver a monthly performance culture by also keeping strong focus on working capital and cashflows improvements</li>
<li>Support in consolidating information for Brands and active point of contact with Brand Finance team.</li>
<li>Collect data from both internal and external resources on various types of costs. Income and expense projection and variance analysis</li>
<li>Help in preparing or sharing the site level P&amp;L view on monthly basis.</li>
<li>Review of P&amp;L with Brand Lead / Performance office / GM on risk and opportunities</li>
<li>Prompt support to get ad-hoc data and analysis for General Manager and his Brand Lead / planning team.</li>
<li>Active role with Planning team on end-to-end forecasts, annual budget, strategic plans preparation</li>
<li>Financial ownership of all business activities with responsibility to provide effective and timely Management Reports on all Warranty and retention products </li>
<li>Develop detailed business MIS to encapsulate all the key performance indicators for end-to-end business operations and performance covering all financial, commercial &amp; operational dimensions</li>
</ul>

<p> </p>

<p><b>Required Skills to be successful:</b></p>

<ul>
<li>Cash flow management</li>
<li>Principal and customer negotiations</li>
<li>Closure of books – accounts</li>
<li>Stakeholder management</li>
<li>Commercial understanding</li>
<li>Pricing of deals<br>
 </li>
</ul>

<p><b>About the Team:</b><br>
Working in a fast-paced and diverse environment, reporting directly to the Sr. Financial Controller<br>
 </p>

<p><b>What equips you for the role:</b></p>

<ul>
<li>Qualified Accountant or equivalent post graduate qualification.</li>
<li>Minimum 12-15 years relevant experience </li>
<li>Excellent numeracy skills, Analytical skills, Positive leadership, Team-builder, Commercial awareness</li>
<li>Well-developed oral and written communication skills are a must. Ideal candidate must be self directed. Strong interpersonal and team building skills. </li>
<li>Previous experience in a similar position in a world class organization will be advantageous<br>
 </li>
</ul>

<p> </p>
<p><b>About Al-Futtaim Automotive</b><br>
A major division of the UAE-based Al-Futtaim Group of companies, <b>Al-Futtaim Automotive</b> is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.<br>
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.<br>
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. <br>
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 &amp; construction equipment.<br>
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. <b>This is Al-Futtaim Automotive and we empower talent to move forward.</b></p>
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