Financial Controller | Al-Futtaim Automotive | DOMASCO at Al Futtaim Private Company LLC

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

11 Apr, 26

Salary

0.0

Posted On

11 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

IFRS, VAT, SAP, Accounts Payables, Accounts Receivables, Inventory Management, Contract Review, Pricing, Tenders, Collections, Reconciliation, Working Capital Optimization, Process Improvements, Leadership, Stakeholder Management, Financial Analysis

Industry

Real Estate

Description

Job Requisition ID: 174578 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 roleAs the Financial Controller, you will own the monthly closure of accounts in line with Group policies, implement best practice reporting and controls, and serve as a key finance partner to the business—optimizing logistics costs, supporting tenders/pricing for large customers, and enabling financing solutions to drive profitable growth. What you will do• Deliver monthly book closure; approve/supervise monthly provisions; ensure IFRS (International Financial Reporting Standards) compliant revenue, cost, and expense recognition; and enforce SOP aligned internal controls• Review contracts for large B2B customers; actively participate in pricing/tenders; partner with Al Futtaim Finance to formalize customer financing solutions • Support Al Futtaim Finance Sales in finalizing leasing terms; drive collections and resolve reconciliation issues• Ensure VAT compliance and adherence to IFRS; liaise with Group Legal, Admin, HR, and Al Futtaim Group companies• Supervise AP (Accounts Payables), AR (Accounts Receivables), Inventory, and petty cash; conduct units order studies to optimize ordering and reduce aged inventory• Manage SAP changes to keep invoice formats/accounting processes compliant; design and implement reporting/process improvements; review accounting policies and recommend enhancements• Lead and coach branch accountants and financial analysts; allocate tasks, monitor performance, and build capability for accuracy and efficiency• Improve cash flow by negotiating supplier payment terms and driving disciplined working capital management Required skills to be successful• Deep knowledge of IFRS and VAT with hands on month end close and provisions control. • Proficiency in SAP and strong command of finance processes (AP, AR, Inventory, petty cash). • Commercial acumen in contract review, pricing, and tenders for large B2B customers; ability to partner with financing teams and sales on leasing. • Track record in collections, reconciliation resolution, working capital optimization, and process/reporting improvements. About the teamYou will lead a team of branch accountants and financial analysts, collaborating closely with Al Futtaim Finance Sales on leasing terms, and coordinating with Group functions (Legal, Admin, HR) and AF Group companies on matters. What equips you for the role• Proven delivery of month end close aligned with Group policies and IFRS/VAT standards.• Demonstrated impact on contract pricing/tenders, financing solutions, and leasing support• Ability to design reporting/process improvements, evaluate business decisions, and drive working capital results • Leadership in building high performing finance teams and meeting KPIs with accuracy and efficiency• Stakeholder management and liaison across Group Legal, Admin, HR and Al Futtaim Group companies 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.

Responsibilities

As the Financial Controller, you will oversee the monthly closure of accounts and implement best practice reporting and controls. You will also serve as a key finance partner to the business, optimizing logistics costs and supporting tenders and pricing for large customers.