Financial Analyst – Aftersales Pricing & Cost Controls – Al Futtaim Group

Financial Analyst – Aftersales Pricing & Cost Controls – ALAC | Al Futtaim Automotive | Aftersales

Overview of the role:

Prepare financial feasibility analysis for operating company performance and business cases, with regard to specified key performance indicators, including Monthly Review & MIS, Management Dashboard reporting, Budgeting and forecasting exercise, Divisional performance analysis, productivity analysis, Business Review Meeting presentations and working capital financials. Support business requirements, as needed, in the areas of pricing and cost controls.

What you will do:

Preparing Financial Feasibility analysis

Develop extensive feasibility models and prepare financial feasibility analysis in such a way as to present an accurate, complete, clear picture of the operational business or business case, reflecting expenditure, place, marketability, recovery period and profitability for review and decision by senior management.

•   Analyze performance of all After Sales brands against targets, present the analysis to the operational stakeholders with insightful recommendation to improve the business

•   Develop & maintain monthly KPIs by location and support in driving profit maximization

•   Provide effective and timely Management Reports – financial and operational reports and dashboards to Business operations that enable Automotive companies to manage their operations.

•   Be an integral part of all the operational stakeholders meeting including Aftersales service operation committee meetings, monthly closing meetings, management meeting etc

•   Assist in financial planning and analysis support of strategic planning activities as necessary, Annual Budgets/ Forecasts & strategic plan/ Board updates/ presentations

•   Enter the final set of data in the feasibility model and prepare financial feasibility analysis in such a way as to present an accurate, complete, clear picture of the business, reflecting expenditure, place, marketability, recovery period and profitability enabling the management to assess the viability of the project.

•   Developing the monthly regular & irregular financial reports, submit them to Group as well as posting actual, forecast & budget financial results into SAP system for financial consolidation of the group. 

•   Review Accounting transactions for data accuracy

•   Ensure proper calculation and recording of Inventory/ Doubtful Debts Provision on monthly basis in compliance with applicable financial policies and procedures.

•   Responsible for monthly book closing activities for the assigned division

•   Reconciling complex accounts that have been escalated from the AR team

•   Liaising with Customers as well as internal personnel including the sales team

•   Divisional pricing strategies

•   Lead by example – thrive to create an honest and open work environment where individuals collaborate /support each other as a team and are passionate to achieve a common business objective.

•   Additional to the above-mentioned requirements an Employee will at times be expected to perform tasks and duties outside of his/her scope of work as necessitated by work demand.

Management Information Systems

Develop suitable business MIS to encapsulate all the key performance indicators : financial, commercial & operational

Provide effective and timely Management Reports – financial and operational reports and dashboards to Business operations that enable Automotive companies to manage their operations, including analysis of key financials, balance sheet and working capital.

Collecting and Analyzing the Data

Collect data from both internal and external resources on various types of costs. Income and expense projection and variance analysis

To deliver robust P&L and B/S reporting and analysis; and timely insight into operational performance. To provide timely advice on variances, trends and corrective action to be taken.

Key area support

Support senior management in aspects of pricing, cost controls, finance, treasury and tax, as required.

Job Details

Preferred Candidate