Business Finance Manager – Finance

Alshaya

Kuwait

Ref: GP435-2207

Job description / Role

Employment: Full Time

Finance
Our finance and treasury functions are operated to international standards, and are audited annually by globally renowned accounts and advisors. This helps to ensure that every element of our retail operation is of the highest calibre.
Strong financial resources, high standards of financial controls and management through a centralised financial department and detailed business planning that is carried out under the umbrella of a long term corporate plan.

The Role:
Reporting to the Senior Business Finance Manager, the Business Finance manager works in conjunction with the Business Director & Management Accountants to drive the annual Business Planning/ budgeting process. He/She ensures that the targets set within the Budgets are realistic, stretched, & reflect actual Business potentials.

The Business Finance Manager has to facilitate the development of a strategic Business Plan for the Division, which includes long-term developments, investments & projects envisaged in the next 3- 5 years. Monitor on-going performance to track & report achievements.

Highlight variances & advise the brand on various preventive measures & corrective actions & reinforcements, if required. Undertake decision-support analyses to facilitate various business decisions.

Responsibilities:
*Be the point of contact for the Financial performance of the Business segments

*Build qualified annual Business Plan based on detailed analysis of previous & forecasted business performance

*Work in conjunction with Business heads to build annual Business Plan based on previous, current & forecasted financial performance & market information

*Assess performance results for accuracy & use information to interpret & build models for future performance

*Identify critical success factors & the Key performance indicators for the business

*Provide financial & strategic advice to Senior Management

* Deliver feedback & coaching to the Division where necessary

*Report lagging & leading performance indicators to highlight performance issues & concerns for the Business Managers in order for them to act quickly & appropriately

*Drive corporate projects and initiatives towards business efficiencies

Requirements

Skills and Experience:
*Degree with specialisation in Finance or Accounts

*Professional qualification like CFA,CA,CPA,MBA (specilization in Finance)mandatory

*Minimum 7 years Management accounting or Financial Analysis experience including recent managerial experience

*Retail and/or FMCG experience an advantage

*Commercial / analytical tools

*Excellent Communication & Presentation Skills

*Proficiency in Excel, PowerPoint and ERP systems like Oracle,SAP

About the Company

As a leading international franchise operator, with nearly 90 of the world’s most recognised brands in its portfolio, Alshaya Group brings great shopping, dining, leisure and hospitality experiences to millions of customers across the Middle East & North Africa, Russia, Turkey, Europe and beyond.

Alshaya Group is a dynamic multinational business and family owned enterprise with a consistent record of growth and innovation. For 35 years, Alshaya has been a pioneering force in brand franchising, using its exceptional knowledge and experience to expand at pace.

Our portfolio of well-loved international brands includes Starbucks, H&M, Mothercare, Debenhams, American Eagle Outfitters, P.F. Chang’s, The Cheesecake Factory, The Body Shop, M.A.C, Victoria’s Secret, Boots, Pottery Barn, KidZania and, coming soon, Hampton by Hilton.

From one retail franchise store opened in Kuwait in 1983, Alshaya Group has consistently grown and diversified and today offers customers an unparalleled choice of brands across multiple sectors; Fashion & Footwear, Health & Beauty, Food, Optics, Pharmacy, Home Furnishings, Leisure & Entertainment, and Hotels. A diverse, skilled team of 53,000 people from 120 nationalities support more than 4,000 stores, cafes, restaurants and leisure destinations, a growing online business and a commitment to delivering great customer experiences.

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