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 dayOverview of the role
We are currently looking for a Commercial Manager - Finance who will support the business / management on the business expansion plan and new projects as per management directive and strategic plan. You will coordinate with operation team to collect the required input, analyse the details/ data, prepare the business case for review and decision making.What you will do
- Prepare offer document (through review of the scope, fully aligned with respective operation team, with all required compliance), agreement in line with Group Legal guidelines and meeting any other tender requirement as per expected business timeline
- Facilitate achievement of business goals by ensuring all relevant MIS (Management Information Systems) and analytical support and financial analysis, which are required by various businesses, are provided. Compile the reports send by various operations and circulate it to Management. Also, issue monthly reports to various operations highlighting the financial results after analysing the operational performance
- Operational process review for effective controls, correct and timey flow of financial transactions for correct MIS (Management Information Systems) and business results for day to day and strategic business decisions
- Regular Site visit, Identify the cost saving opportunities across the business on operational efficiencies, resource utilisation (Consumable, people, assets) and report to management for review and decision making
- VAT (Value Added Tax) and other tax compliance across the organization/ division / countries as per Tax Authority, Group Tax Guideline, Processes. Continuously review and monitor the adequacy of systems, procedures and other relevant records to ensure compliance with VAT (Value Added Tax) & other taxation, take preventative action to avoid penalties / fines
- Corporate tax compliance, system, process review and relevant SOP (Standard Operating Procedures) for effective implementation. Prepare for transition and coordinate between the business and Group tax for completion of the transition, transactions cut off.
- Any Other adhoc information / report as per management requirementRequirements: Required skills to be successful
- Qualified Chartered Accountant or CMA or CPA
- Excellent knowledge on MIS and analytical support and financial analysis
- Good understanding of VAT and other corporate tax compliance
- 5 to 8 years\' experience in Finance/IFRS (International Financial Reporting Standards)/TaxAbout the teamThe role will report to the General Manager - Commercial.What equips you for the role
- Professionally qualified
- 3 to 5 years in commercial &/or operation support
- Experienced on Financial Analysis, Ratios Analysis and key Financial Performance Indicators
- Understand the business to develop / introduce reports and have the operational knowledge to know activities for analyzing the financialsAbout 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 COMPANYEstablished 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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