Manager - Finance

Job description / Role

Position Objective:
- Works in conjunction with the Business Head to drive the annual Business planning/ budgeting process for fashion retail brand. Ensures that the targets set within the Budgets are realistic, stretched, and reflect actual business potentials
- Monitors on-going performance to track and report achievements. Highlights variances and advises Business Head on various preventive measures and corrective actions and reinforcements, if required.
- Undertakes decision
- Support analyses to facilitate various business decisions i.e. new stores; new brands; new countries; store refurbishments; closures/ exit options; any other.

Key Responsibilities:
- Preparation of Financial statements/MIS on monthly basis for stakeholders
- Financial analysis of P&L and presenting it to management
- Feasibility study for new stores as well as current stores to access profitability
- Business plans & Budgets presentation for retail brand.
- Responsible for Import payments which constitutes purchasing of food, non-food & equipment's
- Keeping the track on profitability of the new age stores
- Presenting P&L's to principals and being the point of contact for all business affairs
- Breakeven Analysis for loss making stores to attain business call
- Keeping the track & authorizing all the expenses related to "Trade licenses and Rent" elements in F&B division
- Stock reports analysis. Authorizing any movement of small wares & equipment's in warehouses
- Ad-hoc reports preparation based on customized requirements which is the key in dynamics of retail.

About the Company

The Apparel Group is a global fashion and lifestyle brand conglomerate residing on the crossroads of a modern economy - Dubai, UAE. The mercurial growth in the last 17 years has been by acquiring a host of world class fashion labels from around the world - Nine West, Tommy Hilfiger, Kenneth Cole, Aldo & Tim Hortons just to name a few.

Today the group caters to thousands of eager shoppers through its over 1530 stores, 75 International brands and employing 12,000 multi cultural staff in over 4 continents. Apparel believes in turning dreams in to reality and we give everyone - our customers, our stakeholders, our employees - an equal opportunity to do so.

Apparel group has carved its strong presence not only in the UAE, Kuwait, Qatar, Bahrain, Oman, and Saudi Arabia but opened thriving gateways to market in India, South Africa, Poland, Singapore, Jordan, Indonesia, Thailand and Malaysia. Additionally, clear strategies are in place to enter emerging markets such as Hungary, Pakistan, Egypt and Philippines.