Job Requisition ID: 154837

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 role

Strategic planning, budgeting, forecasting, management reporting, business partnering, financial analysis, investments, feasibilities, automation & regional projects. Moreover, manage approvals, tracking, accounting and reconciliation of capital expenditure, fixed assets and inventory.

What you will do

Business / Financial Planning

• Support and / or manage business / financial planning, including but not limited to strategic planning, budgeting, and quarterly forecasting in coordination with Group / Retail Finance and business stakeholders. Business / Finance planning process include guidelines, timelines, formats / templates, central inputs, analysis, consolidation, reviews, presentation, Anaplan upload, SAP & BPC validation etc.
• Manage fortnightly Cash forecasting in coordination with relevant stakeholders

Management Reporting & Financial Analysis

• Prepare, analyze, and circulate daily, weekly, and monthly management information reports
• Develop new reports and continuous improvement of existing reports
• Support in testing and automation of management information / business intelligence reports
• Variance analysis and initiate corrective actions
• Support with adhoc financial information, analysis, and support for business functions and stores
• Prepare business or management review presentations

Business Partnering

• Participate, support, or lead initiatives / projects to drive business performance and efficiencies
• Proactively communicate key variances, risks and opportunities to relevant stakeholders for corrective actions
• Collaborate with and support business navigation community for performance improvements

Fixed Assets

• Plan, coordinate, procure approval for capital expenditure
• Manage Asset creation, capitalization, transfer, verification, and disposal of Fixed Assets
• Prepare and circulate Capex Tracker / Fixed Assets Register
• Provide samples, analysis, schedules, and information for internal and external audits

Inventory

• Manage inventory posting, reconciliations and alignment across systems
• Carry out regular inventory analysis to support liquidation
• Provide samples, analysis, schedules, and information for internal and external audits

Business Development, Feasibility Studies, Investment Committee, Approvals

• Participate in Market Potential Development Projects, prepare feasibility reports, investment committee presentations and procure approvals for new projects / investments
• Participate or support business development initiatives / projects like gift cards, BNPL etc.
• Support to prepare post completion reviews or evaluations
• Plan and maintain tracker for pre-operative expenses

Required skills to be successful

• Strong computer skills - including ERP knowledge (preferably SAP, Navision) and advanced MS-Excel knowledge
• Good analytical and presentation skills
• Excellent written and verbal communication skills
• Financial modelling and problem-solving skills.

What equips you for the role

• MBA / ACA / CFA with 3 years\' experience in above roles preferably in Retail
• Knowledge of MS Excel and accounting software (preferably ERP - SAP and Navision)
• Desirable to have detailed know how of the IKEA concept and working methods
• Planning, organizing, responsible, analytical, critical thinking and interpersonal skills

About Al-Futtaim Retail

Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer\'s in both regions with over 75 stores offering both fashion & food options.

Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference\xe2\x80\xa6

Al-Futtaim