Financial Controller

Job description / Role

The Financial Controller is responsible for developing, maintaining and enhancing the country's budgeting, financial planning, control, accounting and reporting policies and practices.

• Define, develop and implement Finance/Accounting plans, policies and procedures in line with corporate Finance strategy and perform cost benefit analysis related to projects / programs
• Oversee the production of key financial statements and coordinate completion of internal and annual statutory audits as per agreed schedules, in order to ensure company compliance with statutory reporting requirements and obligations
• Ensure compliance of the company with the tax regulations and laws affecting the business and consult with tax Advisors, preferably the assigned auditor, in order to be up to date with newly published laws
• Review hedging activities as communicated by the Group Treasurer on a necessity basis (daily if needed); update and maintain currency needs by monitoring the Purchase Orders placed by the Brand/Shop Managers, and cover outstanding currency exposure, if any
• Ensure that payments and other accounting/finance procedures are performed in compliance with agreements
• Secure adequate financing from financial institutions, review competitiveness of financial costs, negotiate terms to reduce costs and permanently look for ways to enhance entity's operational and financial performance
• Maintain effective relationships with suppliers, and ensure compliance with the Franchise Agreements signed with them
• Prepares the annual budget and business plan of the entity
• Recruit, train, motivate and evaluate his/her team to ensure that the department has the necessary skill base and that staff are optimally motivated and enabled to maximize their potential and contribution to the company
• Control and ensure funds are available to run the operations including proper cash flow management and forecast to be able to identify ahead of time the financial needs by amount and by type.

Requirements

• Bachelor’s Degree in Business Administration with emphasis on Accounting or Finance; MBA or CPA is a plus
• 8-10 years of experience in a similar field
• Proficiency in MS Office
• Fluency in English

Competencies
• Developing and Motivating Others
• Strategic Thinking
• Driving and Achieving results
• Decision Making
• Analytical Thinking
• Attention to details
• Commercial Understanding

About the Company

Azadea Group is a premier fashion and lifestyle retail company that owns and operates more than 50 leading international franchise concepts across the Middle East, North Africa, Asia and Europe. Since its inception in 1978, the Group has grown a substantial chain of stores representing leading international brand names in fashion and accessories, food and beverage, home furnishing, sporting goods and multimedia.With over 11,000 employees, the company boasts a solid infrastructure overseeing more than 600 stores spread across 15 countries including Algeria, Bahrain, Cyprus, Egypt, Ghana, Iraq, Jordan, Kazakhstan, Kingdom of Saudi Arabia, Kuwait, Lebanon, Oman, Pakistan, Qatar and United Arab Emirates.