Finance Manager

Budget / MIS and KPI monitoring

• Support branch management and BAM’s on preparation of Budget/ Forecast, Performance summary and review of variance analysis.
• Support GM - Retail in review of on Retail KPI trends and improvement plans with Branch Management.
• Prepare reports and analysis for monthly Branch reviews to be held with GM Retail & BUFM.
  

Cash Controls

• Ensure practices are in place for review of daily collection and deposit of cash and cheques by branches and scrutinize GL control accounts for exceptions and petty cash management and co-ordinate with AFSS (Al Futtaim Shared Services).
  

Sales Accounting and control

Oversee via the BAM’s to ensure:

• All documentation is complete as per company procedures for all Finance / Cash / Credit / Inter and Intra company deals.
• Authorise release of VCC and Sales letter as per company procedure.
• Validation of Sales document pack /LPO and credit approval or clear funds/ registration copy and authorise final release of the vehicle for customer delivery.
• Process refunds within the sub-delegated authority /documentation and facilitate refund process with AFSS for beyond authority levels.
• Check and validate all agreed check list before confirming passport release of branch staff.
  

Stock controls

Oversee via the BAMS:

• Ensure Stock controllers adhere to standard documentation and procedures with regard to stock movements and best practices followed on stock management of on-site stocks including Demo/display/Damaged stock
• Always Ensure adequate insurance coverage for dealership assets.
• Review periodical physical inventory and reconciliation to ensure physical stocks match with the system stocks.