Senior Financial Analyst

About Al-Futtaim

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the group spans automotive, financial services, real estate, retail, and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE, and Marks & Spencer.

Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth, and strategic partnerships. It creates long-term value for customers, communities, and partners while building a responsible legacy for future generations.

Overview of the role

The Emirati senior financial analyst is central to driving the financial performance of the Volvo brand within the finance division. The position involves managing budgets and forecasts, preparing detailed management reports, conducting performance analysis, and regularly forecasting cash flow. Success in this role will contribute to optimising working capital and support strategic decision-making by evaluating brand-level financial performance. The financial analyst will also interact with global finance teams and collaborate with business heads to ensure financial accuracy and effective budget management across the division.

What you will do

Budget and forecasting

• Manage division- and activity-level profit and loss budgeting and forecasting.
• Review and forecast the balance sheet.
• Conduct model-level gross margin forecasting and variance analysis.
• Upload financial forecasts to the reporting tool, SAC.
• Prepare forecast packs for management review.

Financial reporting

• Support the team during the monthly books close.
• Analyse actual performance and variances against forecasts.
• Prepare monthly management packs, including operational key performance indicators, detailed analysis, and commentary.
• Report on inventory, trade receivables, work in progress, Volvo Core, and other financial and operational measures using Alteryx.
• Prepare detailed service maintenance contract reports for gold contracts.
• Conduct regular cost-benefit analyses to improve business expenses related to freight, interest costs, lease vehicles, and other areas.

Yearly cash flow budgeting

• Create a comprehensive annual cash flow budget at brand level to determine funding requirements.
• Forecast unfunded limits, including letters of credit and bank guarantees.
• Review annual funding requirements with the Global Treasury Center.
• Upload the annual cash flow budget to Anaplan.

Fortnightly cash flow forecasting

• Direct cash flow forecasting for all entities.
• Submit cash flow forecasts in Anaplan.
• Review forecasts with the Global Treasury Center.
• Promptly highlight any substantial variance between funding requirements and budget to business heads.
• Collaborate with business heads to develop plans to close funding gaps.

Required skills to be successful

• Advanced financial modelling and analytical skills.
• Proficiency in forecasting and budgeting techniques.
• Strong communication and interpersonal abilities.
• Ability to collaborate effectively with global teams and business heads.

What qualifies you for the role

• Qualification in finance or accounting, such as CA, CPA, CFA, or MBA.
• Five to seven years of relevant experience in financial planning and analysis.
• Strong understanding of forecasting methods and cash flow concepts and principles.
• Excellent communication, analytical, written, and interpersonal skills.
• Proven ability to work with global finance teams.
• Ability to meet deadlines and work well under pressure in a fast-paced environment.
• Strong capabilities in complex financial modelling.
• Strong working knowledge of Microsoft Office, including Excel and PowerPoint.
• Knowledge of SAP.

About Al-Futtaim Automotive

Al-Futtaim Automotive is one of the region’s leading mobility businesses, operating across eight countries in the Middle East, Asia, and North Africa. With a portfolio of more than 25 world-leading brands, it delivers one of the region’s most comprehensive mobility ecosystems.

Its capabilities span passenger vehicles, commercial vehicles, and industrial equipment, backed by integrated logistics, leasing, aftersales, and financial services that deliver a seamless customer experience across every stage of the mobility journey.

Its vision is to become a world-class mobility player, creating better experiences for customers through innovation, digital transformation, and a relentless focus on customer experience. Al-Futtaim Automotive works alongside some of the world’s most trusted automotive brands to shape the future of mobility, delivering solutions that meet the evolving needs of individuals, businesses, and communities.

Behind everything it does is a team of more than 9,000 colleagues united by ambition, collaboration, and a shared commitment to progress. Together, they are shaping the future of mobility, embracing new technologies, and creating better customer experiences. At Al-Futtaim Automotive, you’ll be empowered to turn ambition into action and help move customers, the business, and your career forward.