Finance Manager

Majid Al Futtaim Fashion (MAF Fashion)
Saudi Arabia

Ref: KP603-89
Majid Al Futtaim Fashion (MAF Fashion)

The Role


The Role


A key role within the KSA business, reporting directly into the CFO, you will head up the Finance team and take responsibility of overseeing the finance function on a day to day basis. Your primary focus will be to drive the business in all aspects of financial accounting, management reporting, budget/forecasts, financial controls and to effectively manage the period end close. More specifically your duties will encompass; reviewing and improving adequate financial controls are in place and adhered to for all key financial operations, managing the external audit process - acting as a key point of contact, cash/working capital management and ensuring the development of direct reportees.

• Demonstrate up to date and extensive IFRS, technical knowledge and be commercially astute.
• Experienced Accounting Professional –Financial Reporting, Month end, Half year and Year end reporting.
• Experience of setting up and streamlining key controls and processes.
• Sound analytical skills, able to identify key issues/drivers and the ability to turn data into insightful information.
• Strong organisational skills and the ability to ensure tasks are followed through to completion. You must be able to plan your workload and priorities to ensure that deadlines are always met.
• Effective communicator, fluent in oral and written English
• Firsthand experience of driving change/process improvements
• Highly self-motivated, self-starter, who is energetic, results driven, confidence/assertiveness: strong influencing skills
• Strong IT/Excel/ERP skills Confidence/Assertiveness: strong influencing skills
• An excellent team player (forming a “one team” approach) able to build relationships across the business. With the ability to lead, encourage and mentor a team.

Requirements


Requirements


• Degree holder. A high-calibre professionally qualified candidate with at least 2 - 3 years post-qualified experience, Big 4 background is a must.
• 8 years minimum experience in Accounting/finance, preferably within retail.
• Strong working knowledge of an ERP system
• Excellent Excel, Word and MS office application skills.

About the Company


About the Company


Majid Al Futtaim Fashion provides a platform for the introduction of world-class fashion and retail brands in the region, developing their presence across the Middle East. Their aim is to be the international retail partner of choice for some of the world’s most desirable brands. The Company believes the strength of a brand’s success is through the focus of its people. Having the right retail structure, with the right people, ensures that a brand’s integrity is maintained to the highest level and that the customer experience is aligned to global standards.

The leading retail arm of Majid Al Futtaim Ventures, Majid Al Futtaim Fashion has the rights to operate the internationally renowned Juicy Couture brand throughout the region. Juicy Couture is one of the most popular casual luxury brands in the Middle East and continues to be a retail success with over 18 stores currently open across the region and further plans to expand the into new markets in 2014.

Other brands operated by Majid Al Futtaim Fashion include one of the UK’s leading fashion retailers Jane Norman, the metropolitan casual lifestyle brand Mexx and IT’SUGAR the US confectionary brand with an attitude.

The eclectic Spanish brand Hoss Intropia, and the iconic fashion brand Halston Heritage, were recently added to Majid Al Futtaim Fashion’s portfolio. Tremendous demand for both brands is anticipated this year with an aggressive rollout of new stores planned throughout the region.

In early 2013, Majid Al Futtaim Fashion announced a joint ventures agreement with the leading American retailer and casual wear clothing brand, Abercrombie & Fitch Co. (A&F), with respect to its Hollister and Abercrombie & Fitch brands. The agreement is to develop Hollister and Abercrombie & Fitch’s presence within the UAE, further supporting the brand’s international growth. As Abercrombie & Fitch Co.’s first physical foray into the Middle East, the landmark joint venture partnership with Majid Al Futtaim Fashion should significantly broaden A&F’s regional potential across the GCC, further adding to the region’s offering of exceptional market leading international brands.
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