Job Description
What you will do:
Financial Performance Review & Commercial Support to Branch Management
- Perform regular detailed level (Sales & Aftersales) Financial reviews and variance analysis with Branch Management for ensuring that business performance is in line with relevant budgets/Forecasts
- Support Management in establishing and reviewing the KPI trends (Sales & Aftersales), summarize key findings and suggest improvement plans.
- Regularly monitor and control indirect costs (Facility Maintenance, MPC including casual labors, Distribution cost, utilities, data processing, stationery, cafeteria etc.) review actual cost incurred and correct wrong posting if any.
- Ensure various cross charges and allocations are correctly charged and posted in respective period before book close.
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Financial Reporting & MIS
- Prepare reports/analysis for monthly detailed reviews to be held with Director, BUFM and Other Management including reports for Margin and expense analysis at various angles.
- Prepare various other regular daily/weekly/monthly/yearly) and ad hoc reports for management.
- Review balance sheet GLs and identify the misstatements in balance sheet GL and take lead in coordinating with different stakeholders to clear these misstatements.
- Assist in month end close process make sure necessary entries related to provisions, accruals, prepayments etc. are made in the books.
- Take lead and drive the budget activity within the management function.
- Supporting FM and Director with Preparation of site wise Annual Budgets, Monthly/Quarterly Forecasts.
- Consolidate and validate the budget/ forecast submission from the respective business and arrange the review with business management.
- Upload the budget / forecast in SAP as per schedule
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Sales Accounting and Cash Control
- Oversee via the Branch Accountants and Accounts Assistants to ensure all documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals for Sales & Aftersales.
- Reviewing all petty cash payments, test checking daily collections and deposits to ensure compliance.
- Ensure through branch Finance team the release of VCC, Sale letter & Gate passes (Sales & Aftersales) are in line with company procedures.
- Validation through test checks of Sales document pack /LPO and credit approval or clear funds/ registration copy and delivery to ensure process compliance.
- Ensure that refunds are processed by branch within the sub-delegated authority with proper documentation and those beyond Branch authority are processed through Central Finance (FSSC).
- Check and validate all agreed check list before confirming passport release of branch staff.
- Liaise with Central Finance (FSSC) and other departments to ensure that all intercompany transactions, upsell recoveries, Pricing differences etc are regularly reconciled and kept on track
Credit Control & AR Collections
- Review with Sales team (sales & aftersales) on overdue and collection on regular basis and provide status report to Branch Management and BUFM
- Facilitate through Branch Finance team, timely submission of Finance deal packs and provide support and follow up with AFF for early collection of bank debts.
- Any deviation or pending cases for clearing to be highlighted to management for escalation.
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Skills
Required Skills to be successful:
- Should have automotive experience with know-how of branch operations/partnering
- Minimum experience of 5 years
- Qualified Accountant
- Knowledge of SAP ERP
About the Team:
You will be reporting to Sr. Finanical Controller
What equips you for the role:
- Qualified in Finance, Accounting, or equivalent.
- Automotive experience preferable.
- 5 years of relevant experience
- Excellent communication, analytical, written, and interpersonal skills, and proven ability to work with business finance teams and various stakeholders.
- Established record in managing multiple and competing priorities. Ability to meet deadlines and work well under pressure in a fast-paced environment.
- Present concepts, recommendations, and analyses to senior management in a clear, concise, and actionable manner.
- Able to identify, act and implement ideas that drive continuous improvement
- Strong working knowledge of Microsoft Office.
- Knowledge of SAP BPC, SAP Analytics Cloud (SAC), Tableau, Alteryx and Power BI preferable.
- Work independently with limited supervision. A Self-starter, with a passion to act while focusing on delivering results.
- Individual Accountability and Personal Integrity
- Ability to follow-up on outstanding issues
- Ability to work effectively as part of a team
- Ability to manage time & work under pressure
- Readiness to persevere with difficult tasks
- Ability to be assertive without being aggressive
- Able to focus and drive tasks to completion
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Job Details
- Job Location
- Dubai United Arab Emirates
- Company Industry
- Retail & Wholesale
- Company Type
- Employer (Private Sector)
- Job Role
- Finance and Investment
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- 1
