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:Sri Lanka operations encompasses diverse new cars, used cars, agricultural tractors, aftersales, lubricants and manufacturing operations of encompassing 6 legal entities in Sri Lanka with multi dimensional dealer network of more than 300 outlets across Sri Lanka.
Senior Financial controller will participate in the planning, performance management and controlling cycle of the Sri Lanka Automotive operations. He/she will be a trusted business partner to Managing Director Sri Lanka and his operations team. He/she will be responsible to develop the (financial) reporting process with state-of-the-art tools to provide both internal and external stakeholders with insightful, accurate and timely financial information. Within his/her role as Senior Financial Controller, he/she has a lot of autonomy and responsibility. He/she, together with Business Control and support oriented finance team, part of the Automotive finance department and will report to the General Manager of Finance.What you will do:
- Partner with Country leadership, MD and COE teams to establish Global Used cars P&L performance review and develop reporting / KPIs to review with key stakeholders. Focus on profitability, working capital optimizations & cashflow improvements
- Drive the value chain & support in multi-dimensional transformation program. Timely identification and escalation of risks & opportunities.
- Support operational teams in execution of turnaround initiatives related operations
- Financial ownership of all Sri Lanka operations including financial closing, audits, balance sheet substantiation, Internal audit observations resolution
- Understand market dynamic and translate it to financials implication to drive P&L and Cashflow optimization.
- Managing the financial reporting for the organisation. This includes monthly financial reporting, budgeting and forecasting, 5-year financial plans and all statutory financial reporting
- Managing and overseeing the taxation affairs of the organisation and liaising with the external tax firm for specialist advice
- Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls
- Managing hedging and foreign currencies
- Managing the External Auditor relationship and ensuring the organisation is compliant with accounting standards
- Managing and overseeing the company\'s banking and borrowing arrangements
- Managing relationships with Investors and creditors
- Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
- Review and analysis of monthly financial statements of Sri Lanka operations and dispersion management across all operations
- Instill a culture of governance & process driven controls. Review, Document & implement processes related to key business areas
- Development, maintenance and analysis of divisional specific reports and dashboards;
- Optimizing financial processes and performance through data analysis (e.g., process mining, business intelligence);
- Analysis of consolidated product/trim level tactical spends & margins
- Support in development and delivery of extensive KPI pyramid
- Lead initiatives to improve financial decision making and visibility regarding inventory, demand, and supply.
- Be the voice of finance in business and operations reviews. Challenge business case from a profitability and cashflow perspective
- Collect data from both internal and external resources on various types of costs. Income and expense projection and variance analysis
- Prompt support to get ad-hoc data and analysis for MD & GM\'s
- Play Active role with Brands teams on end-to-end forecasts, annual budget, strategic plans preparationREQUIREMENTSRequired Skills to be successful:
- Automotive Experience
- Minimum of 5 years\' experience as Sr. Financial Controller
- Excellent Communication skills
- Certified accountant (CPA, CMA. ACCA)About the Team:You will be reporting to GM - FinanceWhat equips you for the role:
- Qualified Accountant or equivalent post graduate qualification.
- Minimum 12-15 years relevant experience
- Excellent numeracy skills, Analytical skills, Positive leadership, Team-builder, Commercial awareness
- Well-developed oral and written communication skills are a must. Ideal candidate must be self directed. Strong interpersonal and team building skills.
- Previous experience in a similar position in a world class organization will be advantageous.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 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.

GulfTalent