Group Head - FP&A | Group Finance | Corporate Services

Job Requisition ID: 173859Established 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 A”rab 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 organisation 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.We are currently seeking an experienced professional to join our Global Finance in the capacity of Group Head – Financial Planning & Analysis.Overview Of The RoleThe role will head Group Finance’s Financial Planning and Analysis function including driving the Annual Financial Budgets, Manpower Planning, Quarterly Reviews, Long Term Planning and the periodic reporting to Senior Management. The person will carry out timely and accurate consolidation of Annual Financial Budgets, Quarterly Forecasts and Long-Term Plans of the Group (Trading Group, Property Group, Full Group Consolidation) and report in line with International Accounting Standards and Group Guidelines. Also, will support the Group Director Finance & Director-FP&A and Controlling in driving and implementing the Group Level Financial IT initiatives in order to automate processes, improve timelines for reporting and maximize the returns on IT investments.What You Will DoDrive the Annual Financial Budgets, Forecasts and Long-Term Planning exercises in a structured manner and within guidelines communicated in order to ensure adherence to process and timelines and document final approvals Carry out consolidation of Budgets, Quarterly Forecasts, Rolling Forecasts on a monthly basis and the yearly exercise of 5 Year Long Term Planning for Trading Group, Property Group and AF Group to provide a group-wide view of the consolidated resultsEnsure finance partners are trained and guided to deliver the Budgets, Forecasts and Long-Term Plans in BPC system per the Group GuidelinesPreparation, Financial Analysis & Reporting of the Monthly Management Results along with commentary for variances in order to facilitate review by the Senior Management for timely decision makingAnalysis and Preparation of ad-hoc reports for the Director-FP&A and Controlling, Group CFO and the Senior Management with variance analysis and commentary on Group, Division and Entity Level to facilitate strategic reviewsOthers – Facilitate Debt Covenant calculations, Group CFO Presentations, KPI’s Management, Working Capital Management, Capex Control, Fund Flows Modelling, etc.Drive the implementation of the enhancements identified by Group Finance in SAP S/4 Hana system to improve the financial processes and ensure optimum usage of SAP S/4 Hana system Guide the Group Finance Team on any issues relating to SAP S/4 Hana to ensure timely and appropriate resolution of the related issues.Analyze, review and recommend necessary improvements to current systems and infrastructure to ensure the latest system functionalities are available for usage and improve process efficiencies.Review and initiate appropriate action in coordination with the EIT team to ensure that the current system in maintained in a stable manner to ensure that the users to complete the Reporting systems tasks/activities on time Identify and drive system enhancement initiatives to improve Reporting Systems and optimum utilization of the Reporting system Facilitate Group Financial Policies review along with any appointed external consultants to ensure that the financial policies are always updated.Review the draft policies prepared, participate in workshops to discuss the same with the Businesses for recommending the policies for implementation.Required Skills To Be SuccessfulMinimum Qualifications and Knowledge: CA with expertise in Financial and Management Accounting in a fully computerized environment preferably in SAP, BPC, Hyperion, SAC and Group ReportingMinimum Experience: Overall, 15 years + in Finance with 3 to 4 years in similar role.Behavioral Competencies:Strong Interpersonal Skills, Business Acumen, Problem Solving abilities, proven negotiation abilities, Leadership Skills and Strategic Thinking along with maintain High Degree of Confidentiality, ability to work Under Pressure, strong and effective communication and presentation skillsWhat Equips You For The RoleJob-Specific Skills: Familiarity with computerized financial systems, including spreadsheets and database skills. In depth knowledge and understanding of International Accounting Standards. Very strong technical skills in accounting and knack of commercial acumen.We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.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.As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.