Business Management optimizes business performances by helping to drive key initiatives. We act as trusted advisors and counterweight to Business/Group Heads, and are responsible for identifying, escalating, and mitigating business risks. The role of a business manager is dynamic and can vary from business to business, in line with the priorities of the different lines of business.
This is a time-pressured and high-profile position which is instrumental in assisting/advising senior management and in coordinating the deployment of the bank’s corporate resources to address strategic and tactical objectives.
The main aim of a Business Manager is to:
Implement new business strategy, strategic initiatives or platforms, including aligning department and support groups (Finance, Tech, Ops, Legal, Compliance)
Optimize 'bottom line' business performance by driving key initiatives (fees, cost base, RWA and capital utilization)
Identify, escalate and mitigate business risks that could impair our ability to do business: e.g. legal, tax, regulatory, capacity issues, extraordinary transaction costs
Analyze financial performance, including expenses; identify productivity initiatives and drive implementation
Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects to prepare the business to meet the requirements of an ever evolving market structure
Partner with the relevant external service/ infrastructure providers
Business representation in respective internal/external working groups
Qualifications
Bachelor’s degree in Business, Finance, Economics, or other related area
Previous product knowledge and/or prior Business Management or COO experience
Energetic and dynamic in style
Highly motivated self-starter with excellent time management/prioritization skills
Present well to senior and global business heads
Able to forge strong internal relationships across a broad range of functions
Self-motivated, tenacious and able to work with high degree of independence
Excellent written and oral communication skills
Able to both define and deliver to conclusion a strategic agenda across multiple groups
Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
Excellent project management and organizational skills
Attention to detail with logical thought process
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Reporting to: Director of Operations/ Co-Ceo Operations
Role Overview
We love what we do – and it shows! Time Out Market is the division of Time Out that brings our food and cultural experiences to life for our guests, readers and clients.
Our Market General Managers takes the lead in ensuring that the best of the city under one roof provides each of our guests and team members a memorable experience with each visit.
About Time Out Market Dubai:
Time Out Market Dubai picks up the baton and introduces the City of Gold to its own version of this tried-and-true culinary hub in Downtown’s Souk Al Bahar. Spread across 43,000 square feet, the curated dining destination encompasses 18 concepts, three bars, a sweeping outdoor terrace and so much more into one space that encompasses the best food, drinks and culture that Dubai has to offer.
As in its predecessors, the Dubai outpost follows a simple rule when it comes to curation: If it’s great, it goes in the magazine; if it’s unmissable, it goes in the Market. A meal at Time Out Market Dubai means you’re truly digging into the city’s most delicious dishes, cooked by the most exciting talent in town. What you’ll find inside is a hand-selected array of everything you could want to eat, drink and see in the greatest city in the world, all under one roof.
Key Responsibilities:
Guest Experience
Anticipate and exceed guest needs across all facets of the Time Out Market operation
Continuously monitor the day-to-day activity within the market and work with managers, concessionaires and cleaning and maintenance staff to deliver a warm, friendly and guest centric market experience.
Monitor guest satisfaction on all levels - which includes reviewing and responding to all guest comments on all relevant in-market, digital and social media channels
Ensure that talent and technical production (lighting, A/V, Music) are working in harmony to create the appropriate mood for the guests
Market Operations
Develop and implement operating standards, policies, and procedures to be followed by the management team and concessionaires for optimal TOM performance and guest satisfaction
Maintain highest standards of guest service, cost control, and beverage quality and consistency in accordance with company's expectations and standards.
Evaluate all relationships with outside partners, contractors, and vendors on a regular and timely basis to ensure ultimate service and profitability for the operation
Maintain frequent communication with the Continent Leadership and the Executive Team to ensure they are aware of all major occurrences at the establishment
Ensure inventory levels are maintained for facilitating proper food hall operations, enforce strict inventory controls, and participate in monthly inventory reconciliations in conjunction with purchasing and finance teams
Ensure health, safety, and sanitation requirements follow the Department of Health, OSHA, and any city or state agencies rules and laws such as the Department of Buildings and the Fire Department, and ensure all managers are kept abreast of any changes in the law
Prepare all required paperwork, including forms, reports and schedules
Ensure that all equipment is kept clean and in excellent working condition through personal inspection and by following the venues preventative maintenance programs
Ensure that all products are received in accordance with the venues receiving policies and procedures
Ensure that private events, catering, and banquet functions are successfully executed
Financial Management
Consistently monitor sales and expenses, approving all purchase orders before they are executed
Work closely in the development of the budget; manage P&L and ensure managers’ report all variances on a timely basis (minimally, once a month)
Ensure timely and accurate completion of all period-end financial statements and reports, and provide controls to ensure proper handling and accounting for all restaurant receipts
Manage weekly forecasting of cost expenditures and staffing vs. sales
Accurately forecast staffing needs for market and third-party cleaning staff to ensure optimum efficiency and customer experience
Control cash and other receipts by adhering to cash handling procedures
Marketing Support / Revenue Generation
Take a lead on marketing strategy and support in-house teams in planning and execution.
Participate in community events and ensure corporate social responsibility goals of the company are met
Work closely with the public relations team on a marketing plan that results in optimum recognition and maximum number of covers for the restauran
Monitor market trends, research consumer markets and competitor’s activities to identify opportunities and key issue
Oversee marketing and advertising activities to ensure consistency with product line strategy
Work with Marketing and Event Management to ensure TOM cultural exhibitions and performances are booked and executed to TOM standards
Curation & Concessionaire Management
Constantly review and improve the Concessionaire mix and market occupancy to ensure maximum revenue potential for the market
Proactively engage in curation by shortlisting potential new concepts and be involved in the outreach and negotiation process
Work with concessionaires to ensure the delivery of the highest quality food offerings, developing a positive constructive relationship to ensure a productive flow of feedback
Evaluate all Concessionaire operations and meet with each Concessionaire on a weekly/monthly basis to review their operations and ensure TOM remains the ‘best of the city”
Constantly review and improve the Concessionaire mix and market occupancy to ensure maximum revenue potential for the market
Conduct a monthly meeting with all concessionaires to review marketing, PR and social initiatives and to garner feedback on the operations.
Team Member Development
Operate with an open-door policy, listen to and understand requests of the team, respond with appropriate actions, and provide accurate information
Responsible for to hiring, training, management, coaching, counseling, and evaluation of all members of the Time Out Market team
Develop skills of the management team in accordance with the succession planning goals set by the compan
Assists and conducts conflict resolution, corrective actions and coachin
Oversee and ensure that employee performance appraisals are completed in a timely manner.
Ensure that no members of staff are permitted to work if they are not suitably dressed or groomed
Skills and Experience
Ability to work as a team, stay organized, handle various projects at one time, lead others, delegate
Ability to provide incentives for staff to go above and beyond the expectations of their roles
Ability to communicate effectively and assertively in the English language, both verbally and in writing with staff, clients, and the public
Ability to speak to guests fluently regarding the food, beverage, and overall concept
Ability to demonstrate and impose upon service staff the ability to service guests with utmost of care, service and excellence, utilizing the highest standards of service techniques
Ability to follow-up and make accurate decisions
Strong problem-solving skills
Ability to maintain a high level of confidentiality
Ability to write reports, business correspondence and procedure manuals
Ability to demonstrate a positive attitude always
Ability to keep an open and objective view
Ability to listen empathetically and be respectful always
Ability to maintain composure and stay focused
Ability to maintain personal integrity
Ability to handle a fast-paced, busy, and somewhat stressful environment, and work under pressure and meet deadline
Additional functions
In addition to performance of the essential functions, this position may be required to perform a combination of the following support functions:
Maintain compliance with necessary operational policies, including: Health and Safety, Food Hygiene, Maintenance, Emergency Procedures and Laws.
General Requirements
21+ years of age
Possession of or the ability to possess all state required work cards
Proof of eligibility to work in the UAE Serve Safe Certified
High school diploma necessary.
Working Knowledge Requirements
Minimum of seven to ten (7-10) years of experience in the hospitality industry working in a high - volume food hall or multi-concept restaurant operation
Proficient in Windows MS Office, Gmail
Knowledge of POS and back office reporting systems, operations, food hall or multi-concept restaurant operations, beverage service, special events and banquets
Knowledge of profitability analysis and budgeting, cost of sales, payroll management, purchasing, receiving, inventories and cost controls as it applies to bar product
Knowledge of state and local laws as it applies to labor, and health code regulations
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions:
Must present and maintain a professional image to further the overall theme of the
Must have good positive energy throughout the day
Must be able to read the computer monitors
Must be able to print legibly for employees, management, and guests to read
Must be observant and quick to respond to various situations
Must be able to move quickly through work and set the pace in the office and/or venue
Must be able to sit and/or stand for extended periods of time
Must be dexterous and able to participate in all service aspects.
Must be able to twist, tow (push or pull), reach, bend, climb and carry as necessary
Must be able to push and lift up to 25 lbs
Ability to use hands to handle, or feel objects, tools or controls
Ability to reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl
Ability to talk, hear, taste, and smell
Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus
What Time Out look for in a candidate
Time Out is a company filled with individuals as diverse as the cities we live in and cover. At the same time there are common characteristics and values we all share. To join our team, you’ll want to…
Be commercially astute
Either have experience at or want to dive headfirst into a fast-paced transformative company in pursuit of excellence
Think globally
Have excellent communication and relationship building skills
Have a high sense of ownership, urgency and drive
Be a team player
About Our Culture
At Time Out Group we believe in diversity and equal opportunity for all people. We do not discriminate against external or internal candidates on the basis of age; disability; gender, gender reassignment; race; religion or belief; sexual orientation; marriage and civil partnership; pregnancy and maternity. We believe that diversity develops creativity and enables personal and professional growth where we all learn from each other. We believe in an open culture where ideas are shared candidly and where there is no fear of failure, but rather an understanding that we must experiment and have the freedom to succeed. We believe that everyone has the right to express themselves as they are as this enriches us all. We believe in an open world, social justice, and the pursuit of happiness, after all, we are in the happiness business.
BAT is evolving at pace - truly like no other organisation.
To achieve the ambition, we have set for ourselves, we are looking for colleagues who are ready to live our ethos every day. Come be a part of this journey!
BAT DUBAIIS LOOKING FOR COMMERCIAL FINANCE MANAGER
SENIORITY LEVEL: Mid-Senior Level
FUNCTION: Finance
LOCATION: Dubai
ROLE POSITIONING AND OBJECTIVES
The role is responsible to support in driving the commercial delivery for the area in line with MESA&NA priorities to support value growth agenda & step change in performance
Reports to: Senior Commercial Finance Manager
Geographic Scope: Middle East Area
WHAT YOU WILL BE ACCOUNTABLE FOR
Support in driving strategic growth agenda by category across the area in line with Commercial Prioritization
Drive Marketing Spend Effectiveness to maximize the efficiency/effectiveness of spend
Contribute to continually improving business performance by conducting analyses and developing insights to drive velocity and net revenue growth
Provide industry wide insightful analysis to support decision making
Provide insights to drive spend efficacy and smart cost management within the Marketing team.
Develop and maintain Financial KPI dashboards
Managing the OTIF delivery of all reporting and regional requirements
Pro-actively engage with stakeholders, build trust and buy-in and establish positive relationships with colleagues across the organisation.
ESSENTIAL EXPERIENCE, SKILLS AND KNOWLEDGE
Bachelor’s / Master’s degree in relevant field
Minimum of four (4) years of experience in a global FMCG or similar dynamic operating environment (consumer goods strongly preferred)
Excellent knowledge of SAP & BPC systems
Strong communicator with the ability to flex style & good in relationship building
Experience in analyzing reports, identify issues and challenges management
Experience in planning and execution, performance metrics, project evaluation, of commercial projects
Ability to simplifying complex situations, communicate and present complex information
Comfortable with ambiguity and uncertainty, pro-active, collaborative and consultative
BENEFICIAL
Timely preparation of all required reports
High level of accuracy and presentation
Ensure 100% compliance with reporting deadlines
WE ARE BAT
At BAT we are committed to our Purpose of creating A Better Tomorrow. This is what drives our people and our passion for innovation. See what is possible for you at BAT.
Global Top Employer with 53,000 BAT people across more than 180 markets
Brands sold in over 200 markets, made in 44 factories in 42 countries
Newly established Tech Hubs building world-class capabilities for innovation in 4 strategic locations
Diversity leader in the Financial Times and International Women’s Day Best Practice winner
Seal Award winner – one of 50 most sustainable companies
BELONGING, ACHIEVING, TOGETHER
Collaboration, diversity and teamwork underpin everything we do here at BAT. We know that collaborating with colleagues from different backgrounds is what makes us stronger and best prepared to meet our business goals. Come bring your difference
