Finance Manager – Al Futtaim Comprehensive Vehicle Auto Services

Al Futtaim Group

Riyadh, Saudi Arabia

Ref: HP698-9071

Job description / Role

Employment: Full Time

Tyrezone is the wholesale division deals with B2B sales in the tyre, battery and accessories segment. In UAE, Tyrezone is currently operating sales offices in six locations with large central warehouse in Dubai Industrial City. In UAE, Tyrezone distributes Toyo, Jinyu, Maxxis, BF Goodrich & Chao yang brand of tyres and Panasonic, GS and Asahi battery range. Tyrezone is expanding the similar operation to Saudi Arabia in partnership with new brandsTo manage and control all accounting, financial and compliance functions (including planning, accounting, reporting, treasury, taxation, audit etc.) to facilitate efficient and smooth retail operations in the Kingdom.

* Run the finance operations in Saudi.
* Help in the setting up of Legal entity and books of accounts
* Prepare monthly management reports and the Board Pack.
* Provide operational support to business and ensure compliance to local laws.
* Help business prepare their budgets, quarterly updates and five year plans.
* Put in place appropriate policies and 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.
* Talk to Banks & tax authorities and auditors.

Requirements

Minimum Qualifications and Knowledge:

* Bachelor of Commerce or Diploma in Accounting Financial Management.
* Chartered Accountancy (CA/ACCA)/MBA (Finance) is a must.

Minimum Experience:
* A minimum of 7years experience in finance management preferably within an automotive sector.

Job-Specific Skills & Behavioural Competencies :

* Demonstrable skills in working with financial models and financial analysis for overseas business.
* People management skills and experience in managing a department.

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.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
HR Supervisor salaries in Kuwait

Average monthly compensation
KWD 750

Breakdown available for industries, cities and years of experience