Financial Analyst

Overview of the role

The finance analyst is responsible for supporting the financial operations within the Group Director Automotive division. This role involves a critical function in handling month-end reporting, budgeting, forecasting, and intercompany processes. The objective is to ensure the accuracy and alignment of financial data with the organizational goals. Success in this role requires a proactive approach to financial analysis and reporting, strong collaboration with various departments, and commitment to maintaining high standards of financial integrity.

What you will do

• Budgeting & forecasting
  Prepare monthly budget/forecast in IFRP by cost center.
  Attend budget and forecast meetings with cost center owners, providing support with GLs, phasing, timelines, and analysis.
  Create budget/forecast presentations with insightful commentary.
  Maintain and update the divisional cost allocation file, reviewing allocation keys and percentages by entity to ensure report integrity.
• Month-end close activities
  Prepare pre-flash, flash, and WD2 files using SAP ERP, highlighting key variances to budget/forecast for the finance manager.
  Develop month-end presentations (PPT) with commentary and variance analysis.
• General accounting & cost control
  Review and validate intercompany invoices, ensuring correct posting and allocation, requesting details/backup documentation from users when required.
  Utilize Ariba to review purchasing requisitions, ensuring alignment with budget and verifying GL codes and cost centers.
  Collaborate with HR to review headcount, ensuring accurate transfer of HC and cost in/out of GDA, and proper reflection in P&L.
  Prepare ICMs for recharges to auto business units.
  Prepare and maintain balance sheet reconciliations for provisions, academy training center, and group housing.
  Routinely review IFRP reports to ensure they are fit for purpose and functioning as expected.
  Support financial controller with adhoc analysis and reporting requirements.

Required skills to be successful

• Proficient in SAP ERP, Ariba, and IFRP systems.
• Advanced skills in Microsoft Excel, PowerPoint, and Thinkcell.
• Excellent analytical and presentation capabilities.
• Ability to work cross-functionally with HR, procurement, business units, and cost center owners.

What qualifies you for the role

• Bachelor's degree in finance, accounting, or related field.
• 3-5 years of experience in finance or accounting roles, preferably in a corporate setting.
• Strong proficiency in SAP ERP, Ariba, and IFRP systems.
• Excellent analytical skills with a strong attention to detail.

About Al-Futtaim Automotive

A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia, and Africa.

Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing, and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo, and RAM.

We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences.

We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.

What keeps the company moving forward is a 9,000-member strong team, with inspiring possibilities for growth throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.