Finance Director - Retail, Middle East Retail Group, Dubai, United Arab Emirates

About the job

Role Purpose & Context


As part of Leadership member of Group management team in country, the Finance Director will be reporting to CEO and will be responsible for end to end management of financial, commercial and governance health of the company with key roles including:


· Providing leadership, direction and management of the finance team

· Providing strategic recommendations to the executive management team, CEO and members of the Board

· Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting

· Advising on long-term business and financial planning

· Establishing and developing relations with senior management and external partners and stakeholders

· Reviewing all formal finance, IT and legal related procedures



Description Of The Accountability


· Performance Management: Set, and lead the delivery of, annual and long-term business performance objectives for the company. Manage and report on performance; hold direct reports accountable for achievement of business plans, and take corrective action where necessary to ensure achievement, balancing the need to deliver short term business objectives with the longer-term delivery of stakeholder value.

· Strategic Collaboration: Contribute to the development of the company’s strategy and participate in management decision-making meetings, assigned committees and collaborative processes.

· Treasury & Risk Management: Oversee the execution of all treasury activities including cash flows, risk management and investment management and ensures availability of capital and operational funds to the company when required.

· Financial Controlling: Responsible for leading the finance pillar and guiding the overall company's performance by providing robust financial planning, budgeting and operational controls to the organization. The role also leads the reporting of financial performance and status of the business based on the financial reports, accounts and the external market outlook along with establishing strong internal monitoring and control procedures.

· Operational Turnaround / Transformation: Spearhead the role of operational turnaround initiatives to make Company ready for future growth in both organic and inorganic way. This position will be required to identify the areas where a transformation will be required and identify through a project key actions which will be required to turnaround and transform the operational area. This will include the support of commercial teams to develop the project plan, determine the financial resources required to execute such initiatives / projects and on approval from the Board monitor the progress against the set financial / operational benchmarks.

· Commercial Partnering: Responsible for the review and health of Company’s end to end commercial strategy including customer and vendors management, Finance Director will be required to engage commercial teams and review the draft strategies, guide on any feedback, provide any early red-flags and review implementation of such strategies against Board’s / Leadership’s mandate. This will include providing any necessary course correction feedback and support commercial teams to successfully execute those strategies.

· Board Relationship: Responsible to develop and improve relationships with Board members, identifying priorities, issues and strategic challenges and preparing them for discussion.

· Corporate Representation: Represent the organization in external relations with banks, Govt. institutions, the public and others.

· Stakeholder Engagement: Identify and manage stakeholders up to C-suite level and Divisional Leadership, finding out their needs/ issues/concerns and reacting to these by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions.

· Legal framework and Risk Management: Smooth management of Legal framework through a team of externally engaged Legal Counsel including all aspects of Civil, Corporate and Contractual legal diligence and risk management

· Spearhead the Execution of Divisional / Group IT Strategy: Responsible for the management of performance of Company’s IT strategy and execution team. This will include creation and execution of Company’s IT strategy (business target operating model, architecture blueprint, service strategy, etc.) for the Company and businesses to grow and optimize the business that is fully aligned with the Group IT Strategy and the Divisional business strategy.

· Governance & Controls: Responsible for Governance and Control as first line of defense, Finance Director will be ensuring that robust governance structures are established to manage day to day operations within the charter approved by Board / Group policies and procedures. Ensure compliance with Policies, Standards and strengthen internal controls. Identify and manage key risks in [Vertical] business

· Leadership & Team Management: Build a lean, skilled and fully engaged team. Develop team in line with target competencies and build bench strength in team. Promote and fast-track your talent within MERG. Prepare and manage budgets based on annual strategy review and planning cycle.. Build industry relationships to stay abreast with latest developments, innovation and [Vertical] business direction .


Education: Bachelor's/Master's degree in accounting, business accounting, or finance


Minimum Experience and Knowledge: 7+ years financial experience | Big 4 Experience | at least 4 years’ experience in a similar role


Leadership


COMPETENCIES:


Strategic Mindset | Balances Stakeholders | Instill Trust | Business Insight | Communicate Effectively | Manage Ambiguity | Being Resilient | Plans & Align | Manage Conflict | Situational Adaptability | Persuade | Build Effective Teams | Drive Vision & Purpose | Interpersonal Savvy


Functional


Action Planning | Strategic Planning | Analytical and costing skills | Verbal Communications | Policies & Procedures | Reporting | Compliance Management | Managing Change | General Accounting & GAAP | Project management skills | Analysis and troubleshooting


The strategic focus of Middle East Retail Group is to develop partnerships with retail brands where there are significant growth opportunities across the GCC and MENA regions. The group has already established successful franchise partnerships with major retail brands across the GCC region.

Our E-Commerce division spread across beauty and cosmetics, fashion, luxury accessories and children's clothing and toys, we have a number of E-commerce platforms as well as franchise partnerships operating in the MENA region. Our capabilities include full localisation which encompasses language translation, bespoke digital and offline marketing strategies and executions, a dedicated customer service, a logistics and operations arm as well as local currency payment options.

Apply Here: https://www.linkedin.com/jobs/view/3223065470/

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Apply For This Job Using a Branded ATS-compliant CV from Dubai-Forever.Com.

What is an ATS CV?

Applicant Tracking System or "ATS", is the software that 'READS' your CV and stores this information in a database.

If the CV is not made as per the RULES of the ATS, the information will get messed up in the database.

And, you may never be found by the recruiter, in spite of your 'CV information' existing in the database...

...And you'll keep wondering why you get rejected in spite of being a PERFECT MATCH for the Job.


Read more about the ATS CV:

https://www.dubai-forever.com/cv-writing-services.html#ATS-Compliant-CV


Join the Middle East's Best Jobs Groups on Whatsapp:

https://www.dubai-forever.com/whatsapp-jobs.html



🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼


Please submit your CV here as well:

🔊 https://www.dubai-forever.com/submit-your-cv.html



Join the Fastest Growing Jobs Group on LinkedIn:

🔊 https://www.linkedin.com/groups/8288711/



Join our Telegram Group:

🔊 https://t.me/gccjobvacancies

My Favorite Motivational Quotes:

1️⃣ Abraham Lincoln Motivational Quotes: https://youtu.be/nEMgps4_jes


2️⃣ Benjamin Franklin Motivational Quotes: https://youtu.be/8WKJo3_t69A


3️⃣ Mark Twain Quotes That Are Life Changing: https://youtu.be/S4mr7-k-e0M

AMAZING OFFERS in the UAE:

1️⃣ Play Unlimited Games. Enter your info now to get started...


2️⃣ Download the latest content. Enter your mobile number now to get started...


3️⃣ Enjoy the latest TV series and sporting events. Enter your mobile number now to get started

SOCIAL INITIATIVE:

We publish job vacancies on this website & our Whatsapp groups for the benefit of job-seekers.


It is to help people who are searching for jobs from across the world.


This is a Social Initiative from our team @ dubai-forever.com, so please help us in this Noble Task by Forwarding these jobs within your network.


Do this GOOD DEED.


You never know who will benefit from it.


You've heard about KARMA right?


He's waiting to give you 10X of whatever you do...