Finance Analyst / Business Partner

14 مايو، 2023

0 0 3 دقائق

الوصف الوظيفي

Finance Analyst / Business Partner | Al Futtaim Automotive | AF Electric BYD

Overview of the role:

As a member of Finance team – to support the branch operations (Sales and After sales) – on (a) decision support for budgeting / forecasting / MIS and KPI achievement (b) ensure compliance with company policies and procedures with major emphasis on – cash control, sales accounting and approvals credit controls & approvals, stock controls, audit report follow-up and (c) day to day internal controls review and improvement.

What you will do:

Financial Performance Review & Commercial Support to Branch Management

Perform regular Branch level (Sales & Aftersales) Financial reviews and variance analysis with Branch Management (DP) for all responsible branches and thus ensuring that branch performance is in line with relevant budgets/Forecasts
Support Branch Management (DP) in review of KPI trends (Sales & Aftersales), suggest improvement plans and prepare reports/analysis for monthly Branch reviews to be held with Director Retail & BUFM.
Regularly monitor and control Branch indirect costs (Facility Maintenance, casual labours, utilities, data processing, stationery, cafeteria etc)
Supporting Branch Management in synergising process and costs between sales, aftersales and other brands within the same site
Check and ensure that all Branch POs are created, and GRs completed within the relevant months and adequate provisions are booked before close of month to reflect right profitability.
Validating CAPEX cost requirements at branches and ensuring that these are within budgeted levels

Forecast and Budget Support

Support branch management by validating Weekly Forecasts (Sales & Aftersales) submitted to HO
Supporting FM & GM with Preparation of site wise Quarterly Forecasts, Annual Budgets and upload into SAP

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.
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 (AFSS).
Check and validate all agreed check list before confirming passport release of branch staff.
Reviewing all petty cash payments, test checking daily collections and deposits to ensure compliance
Liaise with Central Finance (AFSS) and other departments to ensure that all intercompany transactions, upsell recoveries, Pricing differences etc are regularly reconciled and kept on track

Stock, Insurance & WIP controls

Ensure Stock controllers adhere to standard documentation and procedures about stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock.
Ensure adequate insurance coverage is in place for dealership stock, cash, assets and other components at all times.
Review periodical physical inventory (Units and Parts) and reconciliation to ensure physical stocks match with the system stocks.
Participate in and support the smooth conduct of Annual stock counts (Units and Parts)
Monitoring of aftersales WIPs at branches regularly and ensure timely closing of job cards to ensure revenue recognition as per IFRS

Credit Control & AR Collections

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.
Review with Sales team (sales & aftersales) on overdue and collection on regular basis and provide status report to Branch Management and BUFM

Policy, Procedures and Internal Audit recommendations

Ensuring that all Finance SOPs are adhered to by the branch and adequate advice is provided in compliance matters (INDs, DNIs export sales etc.)
Continuous review of existing policy and procedures and recommend improvements to strengthen internal control.
Facilitate Group internal audit review of branch operations and ensure timely implementation of audit recommendations

Leadership

To lead and supervise the finance team of all responsible Branches (Sales & Aftersales)
Provide appropriate trainings to the Branch Finance team from time to time

Ad hoc tasks & Projects

To carry out Ad Hoc tasks/reports as defined by the BUFM / Branch Management / GM or any other member of Senior Management.
Involve into Projects representing various business areas as and when required.

المهارات

Required Skills to be successful:

Degree in Accountancy or ACCA, qualified Accountant with the minimum 3years of experience in FP&A & Financial Accounting
Ability to manage own workload, considering needs of stakeholders, timelines, and deadlines
Must be a team player, supporting others, drawing on support from others & sharing in successes & challenges
Experience of working on SAP & on data analytics platform Tableau , Alteryx, Power BI etc. is highly desirable

About the Team:

The role will report to the Senior Financial Controller and will be working in a dynamic and busy environment.

What equips you for the role:

Minimum Qualifications and Knowledge:

Chartered Accountant (or similar qualification)

Minimum Experience:

4/5 years experience in Automotive dealership or retail environment

Job-Specific Skills: Analytical, process oriented, good communication skills, exposure to ERP

Behavioural Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizan attitude, Self starter; and a strong team player.