Jobs at at Al Futtaim Group in Dubai- Assistant Financial Analyst

Job Title: AF9564 -  Assistant Financial Analyst I ALAC I Dubai

Automotive

:: About the business:

Al-Futtaim is regarded as a pioneer in the Gulf region's Automotive industry and encompasses every aspect of the Automotive business; from passenger and commercial vehicles and construction equipment sales and service, to used car sales and rental and leasing.

A comprehensive network of showrooms and service centres covers the UAE and Gulf region providing customers with convenience, choice and the highest standards of after sales service. Al-Futtaim represents some of the world's most popular and desirable automotive brands including; Toyota, Lexus, Hino, Honda, Volvo, Chrysler, Jeep and Dodge.

Al Futtaim's Automotive Division have formed a new division under its umbrella, ALAC, this will incorporate the tyres and batteries division, workshop equipment division and body shop division. This new service division will be one of a kind in the UAE offering end to end solutions for commercial and retail customers alike.

:: About the job:

We are currently looking to recruit an experienced Assistant Financial Analyst to join ALAC team in Dubai. The incumbent will be reporting into BUFM.

JOB PURPOSE:

Prepare monthly management reports and the Board Pack.
Calculates the incentive for all divisions & obtains necessary approvals.
Support BuFM in divisional performance review and variance analysis.
Reviews the divisional expenditure for all divisions & highlights variances.
Reviews all company processes & helps in revamping existing ones/formulating new ones. Recommends process improvements.
Ensure that all company policies and procedures are being followed and that the controls are in place. Highlight control weakness and ensure mitigating risks are in place.

DESCRIPTION:

Financial Planning and Analysis

Prepares monthly management reports for Board pack.
Supports BUFM in the preparation of manpower planning for all divisions.
Complete analysis of financial results versus budget/plans & variance analysis.
Develop and maintain capital budget.
Provide analytical support to BUFM in evaluating Divisional pricing strategies.

Financial Management

Support review of procurement process / analysis and control
Ensure that all policies and procedures are implemented and followed.
Co-ordinate and support Automotive Finance Shared Service (AFSS) team in GL review and accounting related issues

Budget Management/Analysis

Monitors expenditures and income related to budgets to assure availability of funds.
Propose and carry out any remedial action necessary to rectify abnormal variances on budget line items.
Cost Optimisation – Maintain the expenses within budget/cut-off with strict monitoring.

Other Financial tasks

Review all the company process in all UAE locations and recommend and document robust process.
Ensuring the process on systematic billing and accounting is followed in all overseas locations.
Advice and support BUFM / AFSS and business units in system and process development for new initiatives and existing process improvements
Strict adherence of corporate policies which have financial impact (CAPEX, Travel, Loans & Advance etc.)

JOB CONTEXT: Define organizational policy and other factors that have a critical impact on the job

To support and liaise extensively with the Finance shared service function
To assess financial risks and ensure the same is eliminated in the best possible way.
Prepare & develop meaningful management information, reports & analysis and keep BUFM and top management posted on important findings.
Assist the BUFM Projects Manager on any special projects / expansion projects.


:: Skills and experience:

Minimum Qualifications and Knowledge:

Bachelor of Commerce or Diploma in Accounting Financial Management.
Additional accounting qualification a plus.

Minimum Experience:

A minimum of 2years experience in finance preferably within an automotive sector.

Job-Specific Skills & Behavioural Competencies :

Report writing
Documenting process.
Able to handle multiple priorities simultaneously.
Able to work to tight deadlines and the ability to work under pressure.
Budgeting
Cost Control/Optimisation
A high level of computer literacy in the more common applications
An analytical mind able to quickly assess large amounts of information and data.
Trouble shooting/Problem solving
Ability to build and sustain relationships in a multicultural environment
Able to talk to all levels of the organization.



Closing Date: 11 January 2013

How to Apply:

http://www.afuturewithus.com/careers/al-futtaim/VacancyDetail.aspx?VacancyID=53586&ln=en