Al Futtaim Jobs - Branch Accounting Manager | Hertz | Dubai, UAE (Dubai, AE)

Job Requisition ID: 39261 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

Job Details:

Job Title:             Branch Accounting Manager- HERTZ

Reports to:          Senior Financial Controller

Direct Reports:    Branch Accountants/Cashier/Finance Admin Teams

Department:         Finance

Location:              Dubai

 

Job Description:

The focus of this role is to manage a team of branch accountants, cashiers and business finance executives to ensure financial activities of the business are carried in line with established processes and delegation of authority. The job holder will support the Senior Financial Controller in business MIS, routine analysis, business forecast and VAT compliance.

 

Key Responsibilities:

 

Management Information Systems-

• Develop suitable business MIS to encapsulate all the key performance indicators, financial, commercial & operational
• Coordinating IT system developments to keep pace with the changing operating and regulatory environment
• Timely reporting of Sales and Purchase incentives by ensuring incentive earnings remain compliant with incentive scheme and company’s DOA

 

Accounting and AR Management-

• Monitoring posting of expenses and ensuring all the cost allocations and standard accruals are in line with Budget and/or Forecasts
• Monitoring of Fixed Assets Register to ensure CAPEX remains in line with Budgeted commitments
• Timely submission of AR Report to all branches and updating the Debtors Collection Remarks
• Monitoring of all ancillary income accounts to ensure timely recovery and reconciliation

 

Financial & Budgetary Controls-

• Participating in Budget / Forecast preparation process and supporting HR in BPC Budget / Forecast preparation process (Incentives and Other MPC Expenses)
• Coordinating for Monthly and Quarterly branch Performance Review with locations managers
• Developing financial models and analyses to support strategic and growth initiatives
• Initiate and Drive Cost Saving Initiatives by supporting FC in evaluating direct / indirect expenses and identifying actions required to pro-actively right-size existing company cost structures against appropriate performance KPIs

 

Compliance-

• Supporting FC in establishing policies and operating procedures and ensuring that these are made available and followed by business units
• Conducting Monthly Spot Check for all Finance Associates / Finance related activities to ensure compliance with company policies and SOPs 
• Conducting frequent audits of sales and purchase processes to ensure compliance with local Tax laws

 

Qualifications, Experience, & Skills:

Minimum Qualifications and Knowledge:

• Internationally-Accredited Professional Accountancy Qualification or MBA in Business Administration
• Thorough understanding of the Automotive Market and Used Cars Operations

 

Minimum Experience:

• 10 years in finance, with minimum 3 years’ experience of used cars operations

 

Job-Specific Skills:

• Numeracy
• Analytical Skills
• Positive Leadership
• Team Builder
• Commercial Awareness

 

Behavioural Competencies :

• Target focused
• Persuasive
• Strategic Minded
• Reliable
• Innovative

 

KGM

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Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

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