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Financial Controller

Chalhoub Group

UAE

Ref: GP285-1396

Job description / Role

We are Chalhoub Group, a leading family business in the world of beauty, fashion and gifts. We have blended our Middle East expertise and intimate knowledge of luxury to offer service excellence to all our partners and a unique experience to all our customers for over 60 years

As we continue to grow, it's our vision to become a hybrid retailer, bringing luxury experiences to the fingertips of customers everywhere.

Our passionate teams drive our vision forward, without them, we couldn't create luxury experiences for our customers. Through opportunities, development and support, we empower each and every employee to achieve their career goals - and beyond. It's an exciting journey we're on, and one you could be part of.

Are you a fully qualified Finance expert from an international Retail or FMCG background?

We are seeking a Financial Controller to support our beauty franchise

The Finance Controller is responsible for managing the monthly financial reporting and control cycle of different business units. You will perform tasks related to balance sheet and cash flow management and supports the Finance Manager through analysis on performance and control.

What you will do

Financial Planning & Controlling

- Drive the budget and revision processes by coordinating with other departments on information requirements
- Refine management reporting to incorporate and evaluate required key performance indicators and follow business profitability
- Coordinate and direct the preparation of monthly, quarterly and annual budgets, financial forecasts, core financial planning and analysis, proposal rates, profit plans and schedules
- Provide detailed monthly operating results and analysis of cost and analyse main variances
- Anticipate financial problems and recommend action plans for budget control.
- Assist the Finance Manager in ensuring operational areas are managed efficiently, expenses are on target with projections, companies are operating within budget and
- Group internal control procedures are implemented
- Work closely with the Financial Manager to ensure that expenses are on target with projection
- Develop and interpret statistical and accounting information in order to appraise operating results
- Assist in establishing major economic objectives and policies for the company and prepare reports that outline the company's financial position in the areas of income, expenses, and earnings based on past, present and future operations.
- Recommend benchmarks for measuring the financial and operating performance of divisions
- Oversee, Compile and analyze daily operations and financial information of the finance department.
- Prepare and review weekly financial forecasts and long-range financial plans.
- Direct the monthly, quarterly and year-end close activities to insure compliance with corporate time lines.
- Act as finance advisory and make recommendations to allow the business to make informed strategic, managerial and operational decisions.
- Ensure all finance records are kept accurate and in line with legislative requirements

Reporting

- Prepare and submit monthly and quarterly reporting:
- EV (monthly simplified P&L and balance sheet)
- Magnitude (quarterly detailed P&L and balance sheet)
- Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
- Study the strategic activity flows and create the appropriate reporting and monitoring systems
- Ensure reporting function flow is smooth and in compliance with the statutory requirements and regulations.

Business Development

- Assist the Finance Manager in the definition, preparation and implementation of new Joint-Ventures, providing local support when needed
- Prepare financial viability analysis and project evaluation for contract negotiations and product investment decisions and develop applicable strategies.

Audit Control

- Manage, plan and direct annual audit and related matters and provide recommendations for procedural improvements.
- Liaise with internal and external auditors ensuring audits are handled effectively.
- Ensure audits are in compliance with brand standards, gaming board regulations, internal controls, and internal policies and procedures.

Requirements

What you'll need to succeed in this role

You will demonstrate great leadership skills and a consultative approach towards the business. Your ability to engage and communicate with a diverse range of people will ensure your success with us! More specifically, we would love to hear from you if you can say yes to the below

- Bachelor or master's degree in Accounting or Finance from a reputable international university;
- Professional qualification (ie CFA, ACCA) is desirable;
- Meticulous, detail-oriented and well-organized, capable to handle multiple priorities and multi-tasking while respecting deadlines.
- Previous work experience within retail or FMCG
- Minimum of 8 years' experience
- A strategic vision, operations excellence and ability to engage
- Functionally sound knowledge of group accounting and finance activities, business partnering and quality decision making.
- We see success in the role as someone who is passionate in their endeavour to strive for excellence!
- You will have the ability to ensure the fundamental values of all our employees; Commitment, Integrity, Empathy and Flexibility.

Ready to join our exciting transformation to become a hybrid retailer, bringing luxury experiences to the fingertips of our customers everywhere? Now's your chance. By being part of our journey here at Chalhoub Group, you can make a real impact on customers and some of the finest brands in the world. In return, you'll have everything you need to innovate your career.

What we can offer you

We will help shape your journey with us through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility.

Our Group offers the opportunity to support careers that may span different teams, different job roles, different categories and even different countries. We offer diverse career paths for those who show drive and passion as well as the desire to learn and grow.

Amazing benefits

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, life insurance, child education contribution & exclusive employee discounts .

About the Company

The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.

By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.

With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.

By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.

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Financial Controller salaries in UAE

Average monthly compensation
AED 26,500

Breakdown available for industries, cities and years of experience