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Recruitment in Al Futtaim Group Accounts Assistant | Al Futtaim Automotive | Toyota & Lexus (Sharjah, AE)

Job Requisition ID: 154442 

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
We are currently looking for competent and experience Accounts Assistant. The Accounts Assistant will be handling the cashiering activities and will work closely with Branch Accountants to support the Toyota & Lexus showroom and workshop activities.

 

What you will do
Cash (Revenue & Petty Cash Fund) Management

• Monitoring the insurance limits of cash/collection in vault, ensuring the insurance coverage from AOIC if the cash/collection in vault exceeds the limit
• Ensure that collected revenue must be handed over to Transguard on a succeeding day
• Daily collection reports should be uploaded in the shared drive provided by the AFSS
• All collection / PCF verification and hand over are properly signed / filed for future references
• Monitoring and communicate cheque clearance, bouncing cheques, and refund cheques –  Refunds ( Cash , Card to card, Cheque)
• Ensure accurate data entry in SAP – billing cancellation & advance payments should be kept at minimum level – Cash Invoices not yet collected report should be always cleared & monitored
• Ensure sublet and bought-out charges are posted to Job cards for charging the customer
• Receive cash, cheques, online/ bank transfers, credit/ debit card payments from customers, Record all collections in SAP system against relevant customer account, Daily Reconciliation of Revenue and Petty cash, Ensure safekeeping of cash and equivalents, Banking of Revenue Collection.
• Down Payment transfers in SAP

 

Business Processes & Controls

• All business processes are conducted according to SOP and with correct levels of sign authority
• Ensure payments / delivery to be done by/for the payer and if 3rd party, UT verified by the Branch Manager should be secured

 

Accounts Receivables Management (AR Management) 

• Daily / Weekly / Monthly monitoring of branch AR report (all credit facilities provided) and follow-up with concerned channels to ensure timely collection of all outstanding / overdue invoices
• Maintain list for all credit facilities provided to branch credit customers including credit limit / credit period / main contact details / credit facility documents if possible
• Performing AR Postings and PDC cheque posting and submission to HO
• Reviewing and ensuring of timely submission of Second sets / Loan documents submission.
• Reconcile credit customer accounts 

 

Invoicing & Delivery Management

• Perform financial transactions and process invoices in a timely manner.
• Ensure all relevant AFM document processes are strictly adhered to ensure all bank payments are met
• Ensure Revenue/Provision in place and Assignee clause is without error
• Substantiates financial transactions by auditing documents.
• Perform record keeping of all financial operations.
• Manage Intra & Internal Sales including Government Sales.
• Authorization of all in house AFM sales & credit customers.
• Daily invoice summary for credit invoices & sales return cases, monitor all outstanding debts & report. Performing any amendments required in the invoicing.
• Support & Guiding of Matrix managers, Sales team and Sales Admin.
• Maintain proper invoice filing with complete document set for easy retrieval

 

Petty Cash Management

• Verify all cash & cheque transactions from the previous day and encode into SAP.
• Strict adherence of AFM company policy regarding customer refunds, maintain log for tracking purposes.
• Monitoring Petty clash float for ensuring adequate balance and reviewing pending re-imbursements/claims for submission.
• Maintain demo & Fixed Asset fuel log
• Perform Surprise Cash Count as per SOP.
• Ensure that petty cash expenses are paid with appropriate approval as per DOA, liquidity of petty cash must be maintained for smooth branch operations

 

Financial Reporting, Cost & Internal Controls

• Finance related processes are conducted in compliance with AFM policies & procedures (SOPs).
• Supporting in monitoring Opex & Capex.
• Monitor & maintain AFM administration document process is adhered at all times.
• Monitor clearance of Open POs follow up with COT & Showroom Admin Team every month

 

Required skills to be successful

• Experience in Daily Collection Report – Collect cash / credit card payment against cash invoices.
• Experience in maintaining and balancing daily collection & petty cash fund twice daily
• Experience in daily, weekly, and monthly monitoring of branch AR report (all credit facilities provided) and follow-up with concerned channels to ensure timely collection of all outstanding / overdue invoices
• Invoicing & Delivery Management experience
• Petty cash management experience

 

About the team
The role will report to the Finance Business Partner and you will be working in fast phase environment.

 

What equips you for the role

• Bachelor’s Degree in Finance/Accounting 
• Minimum 3 years’ experience, ideally from an automotive dealership 
• Having strong Computer Skills; Familiarize with SAP system, advanced MS-Excel and knowledge of other MS Office applications 
• Ability to work independently with minimum supervision

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

Recruitment in Al Futtaim Group Finance Business Partner | Al Futtaim Motors | Finance (Dubai, AE)

Job Requisition ID: [[154141]] 

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:

As a member of Finance team – to support the branch operations (Sales and After sales) – on (a) provide various reports and analysis on periodic and ad hoc basis. (b) decision support for budgeting / forecasting / MIS and KPI achievement (c) ensure compliance with company policies and procedures with major emphasis on – cash control, sales accounting and approvals credit controls & approvals, stock controls, audit report follow-up and (d) day to day internal controls review and improvement.

 

What you will do:

Preparing Budget and forecasts

• Take lead and drive the budget activity within the management function.
• Supporting FM and Director with Preparation of site wise Annual Budgets, Monthly/Quarterly Forecasts, 
• Consolidate and validate the budget/ forecast submission from the respective business and arrange the review with business management
• Upload the budget / forecast in SAP as per schedule
   

Reporting and MIS

• Prepare reports/analysis for monthly detailed reviews to be held with Director, BUFM and Other Management including reports for Margin and expense analysis at various angles.
• Prepare various other regular (daily/weekly/monthly/yearly) and ad hoc reports for management.
• Review balance sheet GLs and identify the misstatements in balance sheet GL and take lead in coordinating with different stakeholders to clear these misstatements.
• Assist in month end close process make sure necessary entries related to provisions, accruals, prepayments etc are made in the books.
   

Financial Performance Review

• Perform regular detailed level (Sales & Aftersales) Financial reviews and variance analysis with business Management for ensuring that business performance is in line with relevant budgets/Forecasts
• Support Management in establishing and reviewing the KPI trends (Sales & Aftersales), summarize key findings and suggest improvement plans.
• Regularly monitor and control indirect costs (Facility Maintenance, MPC including casual labours, Distribution cost, utilities, data processing, stationery, cafeteria etc) review actual cost incurred and correct wrong posting if any.
• Ensure various cross charges and allocations are correctly charged and posted in respective period before book close.
   

Commercial support

• Supporting Management in synergising process and costs between sales, aftersales and other brands within the same location.
• Check and ensure that adequate provisions are booked before close of month to reflect right profitability.
• Validating CAPEX cost requirements and ensuring that these are within budgeted levels.
• Prepare AFE for new projects and perform post review for Capex spent.
• Validate the data provided in different requests submitted by business. 
   

Sales Accounting and cash control

• Oversee via the Branch Accountants and Accounts Assistants to ensure all documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals for Sales & Aftersales.
• Reviewing all petty cash payments, test checking daily collections and deposits to ensure compliance
• Ensure through branch Finance team the release of VCC, Sale letter & Gate passes (Sales & Aftersales) are in line with company procedures.
• Validation through test checks of Sales document pack /LPO and credit approval or clear funds/ registration copy and delivery to ensure process compliance.
• Ensure that refunds are processed by branch within the sub-delegated authority with proper documentation and those beyond Branch authority are processed through Central Finance (FSSC).
• Check and validate all agreed check list before confirming passport release of branch staff.
• Liaise with Central Finance (FSSC) and other departments to ensure that all intercompany transactions, upsell recoveries, Pricing differences etc are regularly reconciled and kept on track
   

Stock, Insurance & WIP controls

• Ensure Stock controllers adhere to standard documentation and procedures about stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock.
• Ensure adequate insurance coverage is in place for dealership stock, cash, assets and other components at all times.
• Review periodical physical inventory (Units and Parts) and reconciliation to ensure physical stocks match with the system stocks.
• Participate in and support the smooth conduct of Annual stock counts (Units and Parts)
• Monitoring of aftersales WIPs at branches regularly and ensure timely closing of job cards to ensure revenue recognition as per IFRS
   

Credit Control & AR Collections

• Review with Sales team (sales & aftersales) on overdue and collection on regular basis and provide status report to Branch Management and BUFM 
• Facilitate through Branch Finance team, timely submission of Finance deal packs and provide support and follow up with AFF for early collection of bank debts.
• Any deviation or pending cases for clearing to be highlighted to management for escalation.
   

Policy, Procedures and Audit recommendations

• Ensuring that all Finance SOPs are adhered to by the branch and adequate advice is provided in compliance matters (INDs, DNIs export sales etc.) 
• Continuous review of existing policy and procedures and recommend improvements to strengthen internal control.
• Facilitate external or group internal audit review of business or branch operations and ensure timely implementation of audit recommendations
• Coordinate with various stakeholders at group/entity or department level on arranging various requirements for external auditors. 
   

Leadership

• To lead and supervise the finance team of all responsible Branches (Sales & Aftersales)
•  Provide appropriate trainings to the Branch Finance team from time to time.
   

Ad hoc tasks & Projects 

• To carry out Ad Hoc tasks/reports as defined by the BUFM / Branch Management / GM or any other member of Senior Management. 
•  Involve into Projects representing various business areas as and when required
   

Required Skills to be successful:

• Chartered accountant 
• Automotive experience 
• ERP or SAP experience 
• Minimum of 5 years’ experience 
   

 

About the Team:

The role will report to the Finance Manager. You will be working in a dynamic and busy environment wherein you will be managing directly (5) team members of cashier and accountant.

 

What equips you for the role:

Minimum Qualifications and Knowledge: Chartered Accountant (or similar qualification)
Minimum Experience: 5  years experience in Automotive dealership or retail environment
Job-Specific Skills: Experience in using Alteryx and Tableau, Analytical, process oriented, good communication skills, exposure to ERP.
Behavioural Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizan attitude, Self starter; and a strong team player.
 

 

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

Recruitment in Al Futtaim Group Financial Controller | Al Futtaim Automotive | Financial Service (Dubai, AE)

Job Requisition ID: [[153807]] 

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:

As a member of Divisional Controlling team – to support the Sr. FM on delivering,

• Driving Accounting Policy requirements of Division through Division Specific Accounting Policies
• Provide inputs to Group Finance on new / revision of existing Group Account Policies
• Liaise, coordinate and support BU Finance in implementation of new accounting policy requirements
• Drive and provide Policy guidance to BU Team through Divisional Accounting Policy Committee and BU specific training / briefing sessions.
• Provide accounting guidance / advisory on compliance of Accounting Standard (IAS), Reporting Standards (IFRS) & Group policies. 
• Provide support and advisory in on Complex Accounting Judgment, Estimates and Accounting Processes
• Lead the overall implementation and compliance of Internal Controls Framework and coordinate with Group and BU on any change requirements
• Assess risks, insurance requirements, engage with insurance partners for insurance coverage for the Division.
• Drive and play collaboration with BU to maintain and roll-out collection infrastructure

 

What you will do:

Accounting Policy & Advisory

• Provide Support to Group and Divisional Policy and lead the development of Financial Internal Controls, Controls Assessment and Reporting / Standardisation Framework.
• Support Group Finance in review, gap analysis and preparation of Group Accounting Policies and ensure coverage of Automotive business scenarios.
• Be responsible for drafting Divisional Accounting Policies and Process Notes based on the identified process gaps, internal audit recommendations as well BU request for specific areas requiring accounting guidance and advisory.
• Drive implementation of new accounting policy requirements through producing detailed technical analysis in this area and contributing to Group discussions as subject matter expert.
• Develop and monitor accounting training sessions to the Finance & Operations teams where applicable on IAS, Accounting Policies and IFRS, Accounting Policies and Process SOPs.
• Provide Support and Guidance to BU FP&A and Controlling teams on Complex Accounting Judgements.
• Driving the overall Insurance Requirements of Business Units, ensuring coverage of all risk. Liaise with BU and Insurance providers to ensure insurance coverage are available to mitigate all the financial loss risks and any statutory / covenant requirements.
• Support in liaison with P&C and EIT team in implementation of Collection Infrastructure, integration to Books of accounts and related touchpoints
   

Balance Sheet substantiation / Process Reviews

• Liaison with Shared Service Centres and BU Finance Team to ensure all the required processes for Financial Period Close ae performed on time to ensure Quality Financials 
• Drive Balance Sheet Substantiation implementation and rollout process, periodic reviews of misstatement, liaison and escalation of key risk areas for resolution
• Review and present necessary details / reports for Entity Level Scorecards / Issues Resolution Drive
• Review SSF KPI / SLA and initiate discussions with respective stakeholder for review and identification of improvement areas with detailed implementation plan and timelines
• Liaise with Business Units to align on creation of any Legal entity establishment and closure. Ensuring Books of accounts structure are defined for the new entities as well ensuring all the accounting and legal processes are completed for closure of any entities
   

External Audit 

• Drive and ensure overall tracking of Audit Progress, Alignment with Audit Program and Timelines
• Coordinate with Shared Services and BU team to ensure that auditor’s requirements are being provided in a timely and accurate manner.
• Lead and monitor Preparation of Standalone / Consolidated Financial Statements of required entities
• Liaise with Auditors and BU teams on Other Certification Requirement from Auditors (Revenue Certificates, ICV Certificate ESR etc.) 
• Ensure specific reporting requirement of Group Finance for FS preparation, Consolidation and other analysis are met timely
   

Required Skills to be successful:

• Qualified professional CCA, CPA, CMA, CA
• Minimum (5) years’ experience in same role  
• Good understanding of IFRSs
• Accounting process knowledge 
• Big 4 experience is advantages
• Knowledge of accounting policies and internal controls

 

About the Team:
You will be reporting to Sr. Financial Controller and will be managing a team of Accounts Managers, senior Accounts, Junior Accountants 

 

What equips you for the role:

• Minimum Qualifications and Knowledge: Chartered Accountant or similar qualification
• Minimum Experience: At least 5 years relevant experience within a large organization in a supervisory level
• Job-Specific Skills: Clear understanding of Accounting, relevant IFRS and Automotive front end processes.  Clear understanding of Automotive dealer / distributor business processes and accounting skills; KPI driven customer focused operation; ability to lead change processes.
• Strong Analytical, process oriented, good communication and presentation skills, exposure to ERP. ( Preferably SAP) and SAP BW/ BPC
• Behavioural Competencies: To maintain confidentiality; be strategic and analytical, honest and responsible; possess cultural awareness and sensitivity; be flexible and demonstrate sound work ethics. Capable of Interacting with MDs of various Automotive businesses as well as capable of handling subordinates. Should be able to interact with BUFCs, SSF Process Heads, External Auditors, and Consultants etc. 
   

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

Recruitment in Al Futtaim Group UAE national_Finance Business Partner | Al Futtaim Automotive | Finance (AE)

Job Requisition ID: [[154379]] 

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:
As a member of Finance team – to support the branch operations (Sales and After sales) – on (a) decision support for budgeting / forecasting / MIS and KPI achievement (b) ensure compliance with company policies and procedures with major emphasis on – cash control, sales accounting and approvals credit controls & approvals, stock controls, audit report follow-up and (c) day to day internal controls review and improvement.
 
What you will do:
Financial Performance Review & Commercial Support to Branch Management
•    Perform regular Branch level (Sales & Aftersales) Financial reviews and variance analysis with Branch Management (DP) for all responsible branches and thus ensuring that branch performance is in line with relevant budgets/Forecasts 
•    Support Branch Management (DP) in review of KPI trends (Sales & Aftersales), suggest improvement plans and prepare reports/analysis for monthly Branch reviews to be held with Director Retail & BUFM.
•    Regularly monitor and control Branch indirect costs (Facility Maintenance, casual labours, utilities, data processing, stationery, cafeteria etc)
•    Supporting Branch Management in synergising process and costs between sales, aftersales and other brands within the same site 
•    Check and ensure that all Branch POs are created, and GRs completed within the relevant months and adequate provisions are booked before close of month to reflect right profitability.
•    Validating CAPEX cost requirements at branches and ensuring that these are within budgeted levels
 
Forecast and Budget Support:
•    Support branch management by validating Weekly Forecasts (Sales & Aftersales) submitted to HO
•    Supporting FM & GM with Preparation of site wise Quarterly Forecasts, Annual Budgets and upload into SAP
 
Sales Accounting and cash control:
•    Oversee via the Branch Accountants and Accounts Assistants to ensure all documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals for Sales & Aftersales.
•    Ensure through branch Finance team the release of VCC, Sale letter & Gate passes (Sales & Aftersales) are in line with company procedures.
•    Validation through test checks of Sales document pack /LPO and credit approval or clear funds/ registration copy and delivery to ensure process compliance.
•    Ensure that refunds are processed by branch within the sub-delegated authority with proper documentation and those beyond Branch authority are processed through Central Finance (AFSS).
•    Check and validate all agreed check list before confirming passport release of branch staff.
•    Reviewing all petty cash payments, test checking daily collections and deposits to ensure compliance
•    Liaise with Central Finance (AFSS) and other departments to ensure that all intercompany transactions, upsell recoveries, Pricing differences etc are regularly reconciled and kept on track
 
Stock, Insurance & WIP controls:
•    Ensure Stock controllers adhere to standard documentation and procedures about stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock.
•    Ensure adequate insurance coverage is in place for dealership stock, cash, assets and other components at all times.
•    Review periodical physical inventory (Units and Parts) and reconciliation to ensure physical stocks match with the system stocks.
•    Participate in and support the smooth conduct of Annual stock counts (Units and Parts)
•    Monitoring of aftersales WIPs at branches regularly and ensure timely closing of job cards to ensure revenue recognition as per IFRS
 
Credit Control & AR Collections:
•    Facilitate through Branch Finance team, timely submission of Finance deal packs and provide support and follow up with AFF for early collection of bank debts.
•    Review with Sales team (sales & aftersales) on overdue and collection on regular basis and provide status report to Branch Management and BUFM
 
Policy, Procedures and Internal Audit recommendations:
•    Ensuring that all Finance SOPs are adhered to by the branch and adequate advice is provided in compliance matters (INDs, DNIs export sales etc.) 
•    Continuous review of existing policy and procedures and recommend improvements to strengthen internal control.
•    Facilitate Group internal audit review of branch operations and ensure timely implementation of audit recommendations
 
Leadership:
•    To lead and supervise the finance team of all responsible Branches (Sales & Aftersales)
•     Provide appropriate trainings to the Branch Finance team from time to time
 
Ad hoc tasks & Projects:
•    To carry out Ad Hoc tasks/reports as defined by the BUFM / Branch Management / GM or any other member of Senior Management. 
•    Involve into Projects representing various business areas as and when required.
 
Required Skills to be successful:
•    Degree in Accountancy or ACCA, qualified Accountant with the minimum 3years of experience in FP&A & Financial Accounting
•    Ability to manage own workload, considering needs of stakeholders, timelines, and deadlines
•    Must be a team player, supporting others, drawing on support from others & sharing in successes & challenges
•    Experience of working on SAP & on data analytics platform Tableau , Alteryx, Power BI etc. is highly desirable 
 
About the Team:
The role will report to the Senior Financial Controller and you will be managing a team of Branch Accountants / Assistant Branch Accountants / Accounts Assistants / Cashiers & will be working in a dynamic and busy environment.
 
What equips you for the role:
Minimum Qualifications and Knowledge:
Chartered Accountant (or similar qualification)
Minimum Experience:
4/5 years’ experience in Automotive dealership or retail environment
Job-Specific Skills: Analytical, process oriented, good communication skills, exposure to ERP 
Behavioral Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizan attitude, Self-starter; and a strong team player.
 

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

Recruitment in Al Futtaim Group UAE national_Financial Analyst | Al Futtaim Automotive | Finance (AE)

Job Requisition ID: [[154380]] 

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:

Prepare financial feasibility analysis for operating company performance and business cases, with regard to specified key performance indicators, including balance sheet and working capital financials. Support business requirements, as needed, in the areas of finance, treasury and tax.

 

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.

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 finance, treasury and tax, as required.

 

Required Skills to be successful:

• Bachelor’s degree in finance 
• Minimum (4) years as financial analyst 
• Good communication skills 
• SAP user 

 

About the Team:
You will be reporting to the Finance Manager and will be an individual contributor
 

What equips you for the role:

• Post graduate degree in Finance with extensive knowledge of Financial Management, Information Systems, Financial Analysis, Treasury and Tax gained through work experience with organizations of repute.
• ACA Chartered Accountant or equivalent
• Excellent numeracy skills, Analytical skills, Positive leadership, Team-builder, Commercial awareness
• Well-developed oral and written communication skills are a must. Ideal candidate must be self directed. Strong interpersonal and team building skills. 
• Previous experience in a similar position in a world class organization will be advantageous.
   

 

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

Recruitment in Al Futtaim Group UAE national_Process & Compliance Manager | Al Futtaim Automotive | Finance (AE)

Job Requisition ID: [[154381]] 

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:

The Process & Compliance Manager (P&C Manager) will support in leading AFM in its process and compliance strategies to ensure continuous improvement and to mitigate risk whilst improving internal control and efficiencies.

 

The P&C Manager will lead cross functional teams to assess processes and information streams using internationally recognised Quality Systems, Records and Information Management while owning the development of quality control, ensuring that business process models clearly articulate and support companies’ objectives and value propositions.

The P&C Manager will support Process and Compliance Department in conjunction with Automotive Finance Shared Services (AFSS) and business operations in formulating and implementing internal control check points. He/she will assist in installing accurate metrics to indicate performance and recommend in taking corrective actions whenever necessary.

The P&C Manager will assist the Head of Process and Compliance in defining the project objectives, scope, organization, timelines and overall approach of spearheading the AFM’s goal of achieving the internationally accepted Quality Recognition (ISO:9001).
 

What you will do:

• Understand current business process and identify business requirements via GAP analysis
• Analyse data and reports to provide recommendation for corrective actions
• Work independently with subject matter experts within the organisation to define concepts and take ownership for the direction of process owners
• Drive and challenge business units on their assumptions of how they will successfully execute their plans
• Drive to eliminate the silos between operations, technology and support teams in any initiatives
• Be able to work with cross functional organization to build a sense of shared ownership and minimizes potential resistance
• Successfully engage in multiple projects simultaneously

 

Required Skills to be successful:

• Bachelor’s degree in finance/ MBA
• CPA, ACA, ACCA, CIA or ACMA
• Minimum of (5) years’ experience 
• Good communication skills 

 

About the Team:

You will be reporting to the Head of Process & Compliance and will be an individual contributor

 

What equips you for the role:

Minimum Qualifications and Knowledge:

• MBA (Finance) with strong accounting knowledge or Member of a professional body of accountants (e.g. CPA, ACA, ACCA, CIA or ACMA) or be a partly qualified professional.

Minimum Experience:

• Demonstrated experience with current systems analysis principles, method, procedures, practices, tools and techniques.
• A proven ability to communicate effectively with variety of levels of knowledge, skills and responsibilities. 
• Extensive application of project management principles in managing projects and initiatives.
• Ability to articulate process and systems integrations applying best business practices.
• Vast working knowledge on various automotive processes (e.g. Sales, After sales, Supply Chain, Leasing, etc.)
• Minimum 5 years working experience in the automotive industry

Job-Specific Skills:

• Thorough knowledge of automotive sales processes
• Excellent understanding of SAP IS Auto system and preferably Ariba P2P. SAP BI and SAP BPC experience is an added advantage. 
• A thorough understanding of an ERP application and its integration to finance along the entire supply chain.
• Good working knowledge in MS Visio
• Strong analytical skills

 

Behavioural Competencies :

• A team player
• Excellent Interpersonal Skills
• Cultural awareness
• Able to build strong relationships
• Result oriented approach
   

 

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

Recruitment in Al Futtaim Group UAE national _Branch Accounting Manager | Al Futtaim Automotive | Finance (AE)

Job Requisition ID: [[154377]] 

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:

As a member of Branch team – to support the dealership operation (Sales and After sales) – on (a) decision support for budgeting / forecasting/ MIS and KPI achievement (b) ensure compliance with company policies and procedures with major emphasis on – cash control, sales accounting and approvals credit controls & approvals, stock controls, audit report follow-up and (c) day to day internal controls review and improvement.

 

What you will do:

Budget / MIS and KPI monitoring:

• Support branch management on preparation of Budget/ Forecast, Performance summary and review of variance analysis. 
• Support GM – Retail in review of on Retail KPI trends and improvement plans with Branch Management.
• Prepare reports and analysis for monthly Branch reviews to be held with GM Retail & BUFM
   

Cash Controls:

Review of daily collection and deposit of cash and cheques by branches and scrutinise GL control accounts for exceptions and petty cash management and co-ordinate with AFSS.
 

Sales Accounting and control:

• Oversee via the Branch Accountant to ensure all documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals.
• Authorise release of VCC and Sales letter as per company procedure.
• Validation of Sales document pack /LPO and credit approval or clear funds/ registration copy and authorise final release of the vehicle for customer delivery.
• Process refunds within the sub-delegated authority /documentation and facilitate refund process with AFSS for beyond authority levels.
• Check and validate all agreed check list before confirming passport release of branch staff.
   

Stock controls:

• Ensure Stock controllers adhere to standard documentation and procedures with regard to stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock.
• Ensure adequate insurance coverage for dealership assets at all times.
• Review periodical physical inventory and reconciliation to ensure physical stocks match with the system stocks.
   

Credit Control:

• Process credit application request for AFSS approval and maintain relevant documentation as per approved credit deals
• Authorise credit requirements within the framework of sub-delegated credit release authority from AFSS.
• Facilitate submission of Finance deal packs and provide support and follow up with AFF for early collection of bank debts.
• Review with the Retail / SME team on overdue and collection on periodical basis and provide status report to BSM and BUFM
   

Internal Audit  review and recommendations:
Facilitate Group internal audit review of branch operations and ensure implementation of audit recommendations.
 

Policy and Procedures and System support:

• Continuous review of existing policy and procedures and recommend improvements to strengthen internal control.
• Ongoing Review of system process  and ensure its applicability to business requirements in co-ordination with AFSS.
   

Payroll:
Calculation of monthly incentives for relevant Branch associates for submission to payroll
 

Leadership:
To lead the finance and administration teams that fall under the responsibility if the BAM
 

In addition to the above, carry out Ad Hoc tasks as defined by the BUFM / Branch Manager / GM Retail or any other member of Senior Management

 

Required Skills to be successful:

• Bachelor’s degree in finance 
• Minimum (4 to 5) years’ experience as Accounting Manager
• Good communication skills  
• Ability to use SAP 

 

About the Team:
You will be reporting to the Finance Manager and you will manage a team of Cashiers / Accountants / Accounts Assistants

 

What equips you for the role:

Minimum Qualifications and Knowledge: Chartered Accountant (or similar qualification)

Minimum Experience: 4/5  years experience in Automotive dealership or retail environment

Job-Specific Skills: Analytical, process oriented, good communication skills, exposure to ERP 

Behavioural Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizan attitude, Self starter; and a strong team player.
 

 

 

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

Recruitment in Al Futtaim Group Operational & Financial Auditor | Group Audit | Corporate Services (Dubai, AE)

Job Requisition ID: 153840 

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 A”rab 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 organisation 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.

 

 

 

We are currently seeking an experienced audit professional to join our Group Audit team in the capacity of Operational & Financial Auditor.

 

Overview of the role
Perform Operational and Financial Audit in accordance with the annual audit plan to evaluate:

• The existence, adequacy and effectiveness of internal controls
• Compliance with company policies and operating procedures
• Controls on safe guarding of assets
• Economical and efficient use of resources
• Reliability and Integrity of Information
• Accomplishment of established business objectives

 

What you will do

Audit Plans and Programs

• Assist the audit manager in the development of annual audit plan by assessing the degree of risk.
• Assist in the development of audit program for each audit assignment before commencement of the audit. This should be documented as template in (AMS) with risks, control and tests to be performed.

Operational and Financial Audit

• Conduct internal audit assignment for evaluation of adequacy and effectiveness of the system of internal control and quality of performance in carrying out assigned responsibilities in all business processes/segments.
• Review the approval process to ensure that Group policies/ procedures and delegations of authorities are complied.
• Ensure that assets of the group are safe guarded.

Audit Reports and Records

• Documentation of audit work in Audit Management system which can fully support the audit findings.
• Prepare professional audit reports which should clearly communicate findings, analysis, appraisals, recommendations and information concerning the activities audited.
• Audit Manager should be timely updated with key findings.
• Discuss preliminary audit findings with the concerned staff/ management in order to highlight the observations to management and to get their concurrences.
• Assist in preparation of executive summary for each engagement along with the detailed report and audit follow up form.
• Assist in the preparation of monthly summary report to be presented to Vice Chairman after it has been reviewed by line manager/Group Director – Internal Audit.
• Job holder needs to assist in the follow up on the implementation of audit recommendations.

Computer Assisted Audit

• Ability to extend audit coverage to a wider and more representative population using computer based audit techniques. E.g. use of Tableau, Power BI, Alteryx, etc.

• Human Resource Development
• Achieve high professional standards of audit performance, reports and recommendations in conformity with International Standards of Internal Audit and within the Group’s policy, procedures and long-range goals.

Special Assignments

• Such consulting assignments are performed based on management request in order to establish a fact or to evaluate a specific situation.

• Frauds, Misappropriations, etc.
• Fraud investigation should be conducted in order to identify the loss/exposure, control weaknesses, personnel responsible and recommendation to prevent reoccurrence.

 

Required skills to be successful

• The candidate should have thorough knowledge concept of internal controls and generally accepted internal auditing standards.
• The candidate should be well versed with data analytics through spreadsheets
• -The candidate should have a good grasp over verbal and written communication including report writing skills.
• The candidate should be self-driven with ability to effectively execute audit assignments with minimal supervision.
• The candidate should be able to effectively communicate with personnel across the organizational hierarchy and be able to influence business in a constructive manner.
• The candidate should be able to multi-task when situation demands.
• Exposure to ERP software such as SAP and Oracle is highly desirable.
• Familiarity with data analytics software ACL and audit management / documentation systems is desirable.

 

What equips you for the role

• Chartered Accountant (CPA , ACA etc.) , ACCA , CIA with knowledge of internal audit function
• A Minimum of 3 years in internal audit function

 

 

 

 

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

 

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.