Finance Analyst - FX Management | Al Futtaim Motors | Finance

Volunteer1 year ago

Job Description

This role will support the Finance Manager, Al Futtaim Motors in handling treasury activities at business unit level, Balance sheet management and other day to day operations.  What you will do: FX management Prepare monthly FX exposure based on the latest updates received from volumes & pricing team.Analyse the variance in volumes against the previous exposure and obtain t...

Desired Skills

  • Provide support to manager in various FX (Forex) related transaction for entity by preparing FX exposure, managing FX requirement with Group & banks, provide timely FX settling instruction to payments team & fixation of currency rate in system.
  • Support in preparing the Cash flow as per latest forecast and update key stake holders on Net Debt movements.
  • Support in preparing balance sheet during each forecast cycle and also analyze & provide key updates on variance against actuals & previous forecast.
  • Support finance team in balance sheet substantiation by reviewing all financial accounts and ensure that there are no misstatements under respective Balance sheet FS items.
  • Should have minimum 3 year experience in managing the above roles and good communication skills.
  • Should be proficient in MS excel & MS PowerPoint and SAP experience is an added advantage

About the Team:
In this role you will be working in a diverse and fast paced environment and reporting directly to the sales manager.


 

What equips you for the role:


 

  • Bachelor’s  Master’s degree in Finance/accounting or equivalent.
  • Three to five years of experience in a similar role with a large conglomerate or a large multinational corporation with a focus on cash, liquidity, FX risk management and working capital optimization.

Job-Specific/Technical Skills required to complete the tasks: 


 

  • Microsoft Office, proficient in SAP or equivalent is a plus.  
  • Present concepts, recommendations, and analyses to senior management in a clear, concise, and actionable manner.
  • Able to manage competing priorities in a cross-functional environment
  • Work independently with limited supervision. A Self-starter, with a passion to act while focusing on delivering results.
  • Excellent analytical and problem-solving skills with attention to detail.
  • Able to identify, act and implement ideas that drive continuous improvement

About Al Futtaim Group Dubai, UAE

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance.

Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.