Accounts Manager MIS Automotive Corporate

Job description / Role

Toyota, Honda, Marks & Spencers, Ikea, Toys R Us and Dubai Festival City are just some of the amazing stable of world renowned brands managed by the Al Futtaim Group of Companies. Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses in the Gulf region. Today, Al-Futtaim operates through more than 65 companies in sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Saudi Arabia, Sri Lanka, Syria, Pakistan, Singapore and Europe.
Automotive Finance Shared Services is a department under Automotive handling the back officefunctions related to accountingfor Automotive. AFSS handles Accounts Receivables, Accounts Payables, General Ledger Accounting, Reconciliations, Sales Accounting and annual closing and audits for the Automotive Division of Al-Futtaim.

Reports to: Senior Finance Manager / MIS Manager
Direct Reports: None
Department: Automotive Finance Shared Services
Locations: Dubai

JOB PURPOSE:

As a member of AFSS MIS team - to support the AGM on delivering:

* Robust, timely and accurate Financial planning and Reviews.
* Provide Commercial and analytical support.

Ensure accounting and financial records are correct and support external audit.

DESCRIPTION:
Five Year Plan / Budget / Quarterly Reviews

* Support automotive business management and Business finance teams on preparation of Five year plans/ Annual Budget/ Quarterly reviews on Profit and Loss and Balance sheet for business units.
* Ensure adherence to group reporting timelines and BPC up-dation to facilitate timely and quality reviews.

Profit Forecasts / Daily / Weekly Operating controls.

* Provide monthly Flash profit forecasts in co-ordination with Business Finance teams.
* Provide quality daily / Weekly operating controls on business performance against agreed objectives to  FD Automotive / GM AFSS.

Monthly Management Reporting and Reviews

* Provide quality monthly management reports and commentary to Automotive Finance leadership and Business heads.
* Support BUFM in preparation of monthly management Board reports.

Divisional KPI and Cost analysis

* Provide actionable analytics and benchmarking of business units through automotive specific Divisional and Retail KPI.
* Provide detailed cost analysis and identify key drivers for improvement plans.
* Build early warning trends and triggers to highlight deviations in business revenue and cost trends and recommend corrective action.

Monthly Closing and GL Reviews

* To lead closing of books on a monthly basis with other AFSS teams and ensure recognition of robust financials within the group timelines.
* Drive continuous improvement in monthly closing activities to ensure quality financials for business units.

External Audit

* To coordinate external Audit of the automotive entity by providing relevant explanations and schedules to Auditors and ensure smooth completion.
* Coordinate with other teams in AFSS and ensure that auditor's requirements are being provided in a timely and accurate manner.

Performance Indicators

* Accurate and timely submission of plans and Reviews.
* Consistent delivery of quality reports
* Quality analytics and early warning signals
* Accurate and timely submission of management reports.
* Monitoring of financial and business KPI's for business units and analysing by exceptions.
* Maintain cost trends for effective cost management by the business.
* Timely / accurate closing of books for the period along with Compliance of Group Finance policies
* Timely completion of external audit within the timelines communicated by group finance.
* Addressing of ML points of previous year by providing sufficient data & satisfactory reply to auditors.

JOB CONTEXT:

The job holder constantly interacts with Business Finance and GMs and Auto finance leadership. The position also interface with other AFSS functions in ensuring quality monthly financials. The jobholder understands the front-end process and interface with financial and information databases to ensure accuracy.

Requirements

Minimum Qualifications and Knowledge: Professional accounting qualification.

Minimum Experience: At least 5 years relevant experience within a large organization in a supervisory level.

Job-Specific Skills: Strong Analytical, process oriented, good communication and presentation skills, exposure to ERP. ( Preferably SAP) and SAP BW/ BPC.

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

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.