Chartered Accountant – Commercial Manager at Al Futtaim Dubai

August 20, 2023

Chartered Accountant – Commercial Manager | Al Futtaim Automotive | Al Futtaim Logistics
Location: Dubai, AE
Company: Al Futtaim Private Company LLC
Job Requisition ID: 155006

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

Related: Account Executive at CSM Abu Dhabi

Overview of the role
We are currently looking for a Chartered Accountant Commercial Manager 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, NDA, MOU 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 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 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 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 & other taxation, take preventative action to avoid penalties / fines.
Corporate Tax compliance, system, process review and relevant SOP 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 requirement

Related: Lead Partsman at Al Futtaim Dubai

Required skills to be successful
Qualified Chartered Accountant
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/Tax

About the team
The role will report to the General Manager – Commercial.

What equips you for the role
Professionally qualified Chartered Accountant
5 to 8 years’ experience in Finance/IFRS/Tax
3 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 analysing the financials.

Work Level
Experienced, Manager / Executive
Employment Type
Full Time

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