FP&A Manager

Job description / Role

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview of the role:

Support FP&A function of Financial Services, Rental & Leasing entities.

What you will do:

Financials
- Support the FP&A function with respect to an asset portfolio of over AED c. 800mn (vehicle leasing and rental)
- Preparation and Maintenance of Financial Models for Financial Services, Rental & Leasing entities for budgeting and forecasting activities. Support overseas Rental & Leasing entities during budgeting & forecasting exercise
- Submission of budgets & forecasts in a timely manner in SAP & other modules like IFRP, BPC etc.
- Preparation of Business Plan: To ensure that business plan is prepared for 3 year or 5 year periods for all the entities for fund-raising activities
- Monthly Sales Target setting: To coordinate with sales team in monthly target setting process. To ensure that product penetration set are inline with budgeted or forecasted targets
- Payplan review: Ensure that payplan grids or slabs at brand level are reviewed on periodic basis for B2B & B2C channels to track ITI% vis-à-vis budget or forecast
- MIS reporting and Variance analysis: To prepare KPI analysis with respect to revenue streams of all the entities. To calculate/arrive the revenue variance based on revenue components for all the entities
- Monthly Dashboard & Scorecard: To prepare dashboard and scorecard highlighting key financial KPI's variance vis-à-vis Budget/Forecast/Last year for monthly & periodic financials
- Assist in Monthly Board presentation deck: Prepare and compile slides related to financial KPI's for monthly board presentation

Systems
- SAP Budget Upload module, SAP BPC, Auto IFRP
- Tableau for detailed revenue analysis

Governance and process improvement
- Overall governance of FP&A activity
- Manage the target setting process

Requirements

Required Skills to be successful:
- Advanced Excel, Financial Modelling, and presentation skills
- Experience in financial planning including budgeting and forecasting, strategic plan etc.
- In depth knowledge of data analyses and managing business KPIs
- Knowledge of SAP FICO, SAP BPC, Reporting tools examples Tableau, Alteryx, Power BI Minimum experience of 5 years (CA, MBA Finance or ACCA, CMA, CPA)

About the Team

This role will be reporting to Sr. Manager FP&A

What equips you for the role:
- Minimum Experience and Knowledge: Automotive, financial services, rental and leasing industry
- Job-Specific/Technical Skills required to complete the tasks: Advanced Excel & SAP

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 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.

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.