Director, Finance - DC Aviation Al Futtaim

Al Futtaim Group

Dubai, UAE

Ref: HP698-11737

Job description / Role

Employment: Full Time

The Director of Finance is responsible for leading, managing and developing the finance department and is responsible for Accounts receivable, Credit management, Accounts Payable, Financial Accounting, Fixed assets, Inventory accounting, Planning and Budgeting and Financial Management Reporting. The primary tasks associated with the role are:
- Management of the accounts dept.
- Assisting in staff & resources planning in conjunction with GM & HR
- IT accounting system. Purchase, control & planning
- Producing financial reports in regular intervals on-time
- Balance Sheet
- P&L
- Board of directors reports
- Preparation of controlling reports
- Monitoring of aviation relevant DC Aviation Al Futtaim LLC account issues
- Ensuring to operate under proper accounting standards & procedure and to advise staff members accordingly
- Verification of debtors & creditors accounts
- Management of accounts payable & receivable and account reconciliation
- Coordination & approval of payment runs
- Claims management
- Billing management of charter sales transactions
- Monitoring of aircraft management accounts.
- Intercompany clearance with the joint venture partners
- Cashflow management of USD and AED accounts
- Liaison with banks affiliated with the company
- Management of company credit card accounts
- Continuous company assets evaluation
- IFRS
- Monitoring of inventory
- International tax claims & refund
- Filing of mandatory governmental reports
- Travel expense reports and liaison with HR dept.
- Salaries & benefits account management and liaison with HR dept.
- Representing the company towards business partners (i.e. banks, customers, authorities and financial auditors)
- Representing the company towards relevant business units of the joint venture partners
- Company departments budget planning, cost center & profit center management
- Liquidity and cash reports
- Definition of financial targets
- Production of budget plans, financial forecasts
- Definition of financial benchmarking
- Define a controlling-process to support company stakeholders
- Support post holders to achieve company targets.
- Define and verify an aviation-relevant financial KPI system for an operative and strategic concept
- Advise on economic decisions of the company

Requirements

- Certified accounting specialist (CCI)
- Degree in Economic studies
- Experience in the field of aviation related accounts matters
- Above average social and intercultural competence
- Excellent staff management skills
- In-depth knowledge of accounts management IT solutions
- Excellent English language skills

Please note that only shortlisted applicants will be contacted. If you are not contacted within 30 days, your application has been deemed unsuccessful.

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.

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Project Controller salaries in Saudi Arabia

Average monthly compensation
SAR 9,000

Breakdown available for industries, cities and years of experience