Job Overview
Al-Futtaim Automotive is offering an exciting career opportunity for a UAE National Senior Financial Analyst in Dubai, UAE, within its FAMCO division. The successful candidate will support the financial performance of the Volvo brand by managing financial planning, budgeting, forecasting, management reporting, and cash flow analysis.
This position is ideal for experienced Emirati finance professionals with a strong background in Financial Planning and Analysis (FP&A), financial modelling, accounting, and business performance management.
The Senior Financial Analyst will work closely with business leaders, finance departments, and international finance teams to monitor financial performance, improve working capital, manage funding requirements, and support strategic business decisions.
Key Responsibilities
1. Financial Budgeting and Forecasting
- Manage divisional and activity-level profit and loss (P&L) budgeting and forecasting.
- Review and forecast balance sheet performance to maintain financial accuracy.
- Prepare model-level gross margin forecasts and conduct detailed variance analysis.
- Upload financial forecasts into the SAP Analytics Cloud (SAC) reporting platform.
- Prepare comprehensive financial forecast reports and management review presentations.
- Monitor financial performance against approved budgets and identify potential risks and opportunities.
2. Financial Reporting and Performance Analysis
- Support the finance team during monthly financial closing activities.
- Analyse actual financial results and identify variances against budgets and forecasts.
- Prepare monthly management reports covering financial results and operational KPIs.
- Provide detailed financial analysis, explanations, and performance commentary.
- Monitor and report on inventory, trade receivables, work in progress (WIP), Volvo Core, and other financial indicators.
- Use Alteryx for financial reporting, data analysis, and operational performance monitoring.
- Prepare detailed service maintenance contract reports, including Gold Contracts.
- Conduct regular cost-benefit analysis to identify opportunities to reduce business expenses.
- Evaluate freight costs, interest expenses, leased vehicles, and other operational costs.
3. Annual Cash Flow Budgeting
- Prepare comprehensive annual cash flow budgets at the brand level.
- Analyse funding requirements and support effective financial planning.
- Forecast unfunded financial limits, including Letters of Credit (LC) and Bank Guarantees (BG).
- Coordinate annual funding requirements with the Global Treasury Center (GTC).
- Upload annual cash flow budgets into the Anaplan financial planning platform.
- Monitor cash flow requirements and support efficient working capital management.
4. Fortnightly Cash Flow Forecasting
- Prepare and manage fortnightly cash flow forecasts for all relevant entities.
- Submit cash flow forecasts through the Anaplan platform.
- Coordinate with the Global Treasury Center to review and validate cash flow projections.
- Identify and communicate significant differences between forecast funding requirements and approved budgets.
- Work with business heads to develop action plans to address funding gaps.
- Ensure timely and accurate cash flow reporting to support business operations.
Required Skills and Competencies
Candidates applying for the Senior Financial Analyst position should demonstrate:
- Advanced financial modelling and analytical capabilities.
- Strong knowledge of financial budgeting and forecasting techniques.
- Understanding of cash flow management and working capital principles.
- Excellent financial reporting and variance analysis skills.
- Strong communication and interpersonal abilities.
- Ability to collaborate with international finance teams and senior business stakeholders.
- Excellent problem-solving and financial decision-making skills.
- Ability to manage multiple priorities and meet strict reporting deadlines.
- Strong attention to detail and financial accuracy.
Education and Qualifications
- Professional qualification in Finance or Accounting, such as CA, CPA, CFA, or an MBA in Finance.
- Minimum 5–7 years of relevant experience in Financial Planning and Analysis (FP&A).
- Strong understanding of financial forecasting, budgeting, cash flow management, and financial modelling.
- Experience preparing management reports and analysing business performance.
- Proven ability to work with global finance teams and business leaders.
- Excellent written and verbal communication skills.
- Ability to work under pressure in a fast-paced business environment.
Technical Skills
- Advanced knowledge of Microsoft Excel and PowerPoint.
- Strong financial modelling and reporting capabilities.
- Working knowledge of SAP.
- Experience with SAP Analytics Cloud (SAC) is beneficial.
- Familiarity with Anaplan financial planning software.
- Knowledge of Alteryx for financial reporting and data analysis is advantageous.
About the Finance Team
The Senior Financial Analyst will work within the Finance division of Al-Futtaim Automotive’s FAMCO business, supporting the financial performance of the Volvo brand.
The position involves close coordination with business heads, divisional finance teams, and international finance professionals. The successful candidate will contribute to financial planning, cash flow management, management reporting, and working capital optimisation.
The role also provides exposure to global treasury operations and financial planning systems, including SAP Analytics Cloud, Anaplan, and Alteryx.
About Al-Futtaim Automotive
Al-Futtaim Automotive is one of the leading mobility businesses in the Middle East, Asia, and North Africa, operating across eight countries.
With a portfolio of more than 25 internationally recognised automotive brands, the company delivers a comprehensive range of mobility solutions across passenger vehicles, commercial vehicles, and industrial equipment.
Job Details
- Company: Al-Futtaim Automotive
- Division: FAMCO (Al-Futtaim Auto & Machinery Company)
- Department: Finance
- Job Title: Senior Financial Analyst
- Brand: Volvo
- Location: Dubai, United Arab Emirates
- Job Category: Finance and Accounting
- Experience Required: 5–7 Years
- Qualification: CA, CPA, CFA, MBA Finance, or equivalent
- Special Requirement: UAE National (Emirati)
- Key Skills: FP&A, Financial Modelling, Budgeting, Forecasting, Cash Flow Management, SAP, Anaplan, SAC, and Alteryx