Finance Manager

Optica

Bahrain

Ref: MP868-31

Job description / Role

Employment: Full Time

- Provide and ensure consistent financial reporting practices and procedures. This includes compliance with internal controls and financial policies and procedures
- Provides analytical support to the CEO and continually improves financial reporting, system and data
- Provides monthly performance reporting to the CEO highlighting trends and opportunities to assist in improving profits, margins and reducing costs
- Maintain adequate system of accounting records and comprehensive controls on budget
- Liaises with the accounting local and regional teams on key areas of financial control, e.g. collection of cash, collation of accruals, asset management
- Ensures all weekly/periodic data is collected and imputed and period end numbers produced by accounting are reviewed
- Identifies risks and opportunity areas to the forecasts and presents the monthly forecasting figures to the management team.
- Effectively plans cash flow needs based on assumptions made.
- Issues detailed P&Ls to the management team, highlighting poor performance and opportunities
- Formulate strategic and long-term business plans;
- Analyze competitors and market trends;
- Develop financial management mechanisms that minimize financial risk;
- Conduct reviews and evaluations for cost-reduction opportunities;
- Manage company's financial accounting, monitoring and reporting system
- Identifies and delivers financial training to support team for development
- Assist with strategic planning and development of strategic initiatives
- Possess a strategic approach, sound business judgment, and an entrepreneurial mindset
- Strong leadership skills and proven abilities to inspire and manage a team
- Experience in financial reporting, forecasting, and planning in a retail setting
- Experience in strategy formulation and evaluation
- Excellent interpersonal and communication skills to interact at all levels across the organization
- Supports the annual external audit and all periodic internal audits of the company
- Keeping abreast of changes in financial regulations and legislation

Requirements

- Enthusiastic
- Energetic
- Self-Starter
- Team Player
- Change Manager
- Retail of financial management Systems
- Operational Accounting Performance Measurements
- Advance proficiency in Excel
- Continuous Improvement and system enhancement for proficiency
- Budget planning and Financial Forecasting
- Strong computer systems capability on mainframe platform and Personal Computers (particularly spreadsheets).
- Solid technical knowledge of retail metrics and reporting systems, G/L reporting, and key process measures.
- Good interpersonal skills and able to communicate effectively with employees of different levels
- Well organized and able manage multiple projects on a routine basis.

About the Company

As the Kingdom's leading eyewear boutique, Optica has become synonymous with professional and advanced eye care. A 4-decade heritage of making millions of customers happy along with a complete portfolio of products and services ranging from affordable to premium makes Optica the most trusted choice across the region. At present, Ray-Ban, Vogue, Carrera, Emporio Armani, Oakley, D&G, Porsche Design, Tag Heuer, Bulgari and Cartier are only some of the brands on offer at the state-of-the-art outlets that have expanded outside of Bahrain to United Arab Emirates and Qatar. Touted for the impeccable standards of products and services and the technical knowledge of the staff, Optica is a true visionary in the optical field.

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Testing Engineer salaries in Saudi Arabia

Average monthly compensation
SAR 27,000

Breakdown available for industries, cities and years of experience