Job closed
Ref: HP698-9117
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.JOB
PURPOSE:
This role has been created to establish finance service and control to the newly established regional structure of the Honda operations currently spread across UAE, Egypt, Oman and Qatar.
DESCRIPTION:
* Timely insights into operational performance
* Support budget and forecasting process
* Support drive working capital KPI drive
* Commercial review / fact finding
* Capex / project evaluation
* Financial integrity, reliability,
* Commercial / legal support on new projects
JOB CONTEXT:
* The incumbent in this role closely interacts with BUFM's in respective companies for meeting the reporting requirements of RMD.
* He would also closely interact with respective finance heads to make sure that the functioning of BUFM's is properly integrated with the respective finance functions.
* He would closely liaise with respective Honda operational management teams to make sure that the finance function is in sync with the operations and that there is a two way dialogue and exchange of information between the two.
* He would keep a close watch on key financial parameters and KPI's and take pro-active actions to keep RMD informed from time to time and take corrective actions in appropriate cases.
* He would have a dotted line reporting to Automotive Finance Director whereby he would make sure that Group financial policies and norms are adhered to by all companies.
* He would liaise with divisions like Group Finance, Group Internal Audit etc on matters of relevance to Honda companies.
Requirements
Minimum Qualifications and Knowledge:
- Chartered Accountant
Minimum Experience:
- Around 15 years, of which at least half in automotive dealerships.
Job-Specific Skills:
- Knowledge of automotive business processes and financial areas; ability to understand commercial and operational implications, knowledge and understanding of financial and customer focused KPI's.
- Ability to interact across management teams in different geographical areas; ability to comprehend business situations and provide insight on financial and commercial areas.
Behavioral Competencies:
- Strategic, forward looking and analytical, neutral and honest; cultural awareness and sensitivity; flexibility, sound work ethics, ability to maintain confidentiality and; ability to be independent and action oriented.
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.