
Al Futtaim
Finance Manager | Automotive
- Permanent
- Dubai, United Arab Emirates
- Experience 10 - 15 yrs
- Urgent
Job expiry date: 29/11/2025
Job overview
Date posted
15/10/2025
Location
Dubai, United Arab Emirates
Salary
AED 20,000 - 30,000 per month
Compensation
Comprehensive package
Experience
10 - 15 yrs
Seniority
Manager
Qualification
Bachelors degree
Expiration date
29/11/2025
Job description
The Finance Manager | Automotive | Al-Futtaim Finance (Financial Controller role) governs and controls financial services across UAE, GCC and International geographies for businesses under Financial Services management, ensuring accurate and timely reporting aligned to group and divisional deadlines and AFG guidelines. The role defines accounting policies and processes in accordance with IAS and IFRS, records income and expense accounts accurately, manages contracts and agreements with stakeholders, and submits financial results within the agreed reporting calendar. It continuously monitors accruals, payables and receivables to minimize discrepancies, coordinates with AFSS and Group Companies on intra-company transactions and settlements to prevent revenue leakage, and ensures policies are defined for all revenue streams. Core finance operations include monthly closing, budget analysis, YOY variance analyses, and reconciling fixed assetsâspecifically fleetsâacross systems. Financial control and reporting responsibilities include proactive cost control measures, preparation of internal, FS Division, Head Office and statutory reports (including timely submissions to Central Banks), enhanced coordination with brands and stakeholders, definition and management of cost centers, preparation of monthly Brand Revenue Split reports, and generation of monthly and quarterly finance reports for information exchange and analysis. Audit and compliance coverage spans UAE VAT compliance, planning and supervising interim and statutory audits, implementing internal audit observations, responding to audit queries, and ensuring compliance with Central Regulations. The role also manages petty cash for rental and leasing operations and monitors credit card usage. Team leadership includes motivating the team for optimal performance, structuring work based on strengths and business needs, and executing development plans. Qualifications emphasize a minimum of 10 yearsâ experience in accounting and financeâpreferably automotiveâChartered or Management Accountant credentials, knowledge of International Accounting and Reporting Standards, and proficiency with ERP systems such as SAP FICO, alongside strong analysis of financials and market conditions to identify growth opportunities.
Required skills
Key responsibilities
- Define and implement accounting policies and processes in accordance with IAS and IFRS to ensure accurate financial statements and governance.
- Record income and expense accounts in line with defined policies and maintain integrity of the general ledger.
- Manage contracts and agreements with all stakeholders to support financial operations and compliance.
- Submit financial results within the agreed reporting calendar while ensuring completeness, accuracy and adherence to group and divisional deadlines.
- Continuously monitor accruals, payables and receivables to minimize discrepancies and enhance working capital discipline.
- Coordinate with AFSS and Group Companies on intra-company transactions and settlements to prevent revenue leakage and reconcile balances.
- Establish and maintain defined policies for all revenue streams across rental, leasing and lending activities.
- Execute monthly closing activities, perform budget analysis and conduct year-over-year variance analyses for management insight.
- Reconcile fixed assetsâspecifically fleetsâacross systems to ensure asset accuracy and alignment.
- Implement proactive cost control measures to analyze, identify and reduce costs across functions and brands.
- Prepare internal, FS Division, Head Office and statutory reports, including timely and accurate submissions to Central Banks.
- Enhance coordination with brands and stakeholders to ensure seamless financial operations and consistent reporting.
- Define and manage cost centers, ensuring proper allocation and recording for accurate profitability analysis.
- Prepare monthly Brand Revenue Split reports and generate monthly and quarterly finance reports for analysis and decision-making.
- Manage UAE VAT compliance, including filings and controls, to meet regulatory requirements.
- Plan, manage and supervise interim and statutory audits; implement internal audit observations and respond to audit queries on time.
- Ensure compliance with Central Regulations and maintain oversight of regulatory reporting obligations.
- Manage petty cash for rental and leasing business operations and monitor corporate credit card usage.
- Motivate and structure the finance team based on strengths and business needs, and execute team development plans.
- Collaborate with brands, FP&A and senior stakeholders to align financial governance, budgeting and performance management across geographies.
Experience & skills
- Bring a minimum of 10 years of extensive experience in accounting and finance functions in the corporate world, preferably in the automotive industry.
- Hold qualification as a Chartered or Management Accountant with demonstrated expertise in managing finance departments including accounting and financial analysis.
- Demonstrate knowledge and compliance with International Accounting and Reporting Standards (IAS/IFRS) and experience preparing statutory and regulatory reports, including Central Bank submissions.
- Show proficiency with ERP systems, particularly SAP FICO, including cost center accounting, fixed asset reconciliation (fleets), and intercompany settlement processes.
- Exhibit capability in VAT compliance (UAE), audit planning and supervision, and implementing internal audit observations within agreed timelines.
- Prove ability to define and govern accounting policies, execute monthly close, perform budget analysis and YOY variance analysis, and implement cost control measures.
- Demonstrate quality and time management as core strengths, with excellent oral and written communication and strong relationship management skills.
- Display the ability to analyze financials and market conditions to identify opportunities for business growth and improve profitability.