Finance Manager
Al Futtaim Group
Saudi Arabia
Ref: HP698-4040
Al Futtaim Group

The Role


The Role


FAMCO (Al-Futtaim Auto & Machinery Co.) is a market leading supplier of products & services to a diverse range of industries & commercial undertakings covering the transportation, construction, manufacturing, warehousing, oil & gas and marine sectors. FAMCO serves these industries with world-class brands like Volvo Trucks, Volvo Buses, Volvo Construction Equipment, Merlo, Ingersoll Rand, Linde, Dexion, Yanmar, Himoinsa, Stanley Proto, Fenner, Bruynzeel, Mobel Linea, Meco, Bott, Stertil, Hart & Nassau.FAMCO has operations in Dubai, Abu Dhabi, Al Ain & Ras Al Khaimah, Oman, Saudi Arabia and throughout the GCC. The company's development and success has been based on an in-depth understanding of customer needs and the dedication of its skilled staff.FAMCO is committed to providing outstanding second-to-none service levels to customers and to maintaining quality, safety and environmental standards at the highest possible levels. FAMCO is an ISO 9001:2008 & ISO 14001:2004 certified company.We are looking to appoint a Finance Manager to be based in our Jeddah operations. Reporting to the Managing Director you will be responsible for ensuring financial integrity and control. Provide financial, commercial and strategic support to the senior management team and all other stakeholders. Your role will also entail being a member and secretary of the management board. Your primary responsibilities will cover the following; * Ensuring financial integrity and reliability, review and strengthen internal controls and procedures. * Implementation of both AFG and FAMCO policies and procedures. Ensure compliance with local laws.* Delivering robust accurate and timely primary accounting statements of P&L BS and CF.* Supporting the Senior Management Team with, commercial review and analysis, enhancing the financial management within the decision making process, capital project evaluation and recommendation and conducting business / location reviews.* Financial and commercial decision support to all business management.* Ensuring risk limitation and financial reporting integrity within the business.* Providing accurate and effective framework for all forecast and business planning requirements, including commentary, sensitivity, analysis and graphical presentation.* Improving working capital requirements, including cash conversion cycle and economic profit.* Providing financial leadership within both the business and finance function as a whole, including staff development and succession planning.The role will interact with all divisions and locations within the company as well as FAMCO UAE and the Al Futtaim Group on a sometimes daily basis. The role should provide and manage a strong 2 way link between the business and FAMCO UAE team. Keep up to date with all company policies & procedures and ensure compliance. Under the role of company secretary the holder should produce a monthly board pack and presentation for the board meetings, take and distributing the minutes.

Requirements


Requirements


The selected candidates will be able to demonstrate the following; * An internationally recognized professional accountancy qualification.* 5 years senior financial experience with preferred experience in a related industry sector.* Ability to work within and provide support to senior management within a diverse and often complex business. * Be able to quickly understand the issues impacting on each business division.* Ability to lead and drive change through the business with the focus being on kpi's and customer centricity. * Provide financial leadership. * Strong interpersonal and communication skills.* Full command of both Arabic & English language, written & spoken, is mandatory.* A current job knowledge of the Saudi Arabian market.

About the Company


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 Group’s 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 Group’s 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.

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