About the business:
Toyota, Honda, Marks & Spencers, Ikea, Toys R Us and Dubai Festival City are just some of the amazing stable of world renowned brands managed by the Al Futtaim Group of Companies. Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses in the Gulf region. Today, Al-Futtaim operates through more than 65 companies in sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Saudi Arabia, Sri Lanka, Syria, Pakistan, Singapore and Europe.
IKEA is the world's largest home furnishings store, founded in Sweden over 60 years ago. At IKEA not only is our furniture down to earth, straightforward and inspiring, but so is our work ethic. Despite being the leading home furnishing retail franchisee across the world, we at IKEA still give you the room to grow! At IKEA "creating a better everyday life for the many" isn't only our vision, it's our way of life!
About the job:
The main purpose of the role will be to prepare and ensure that all business information and accounting figures are constantly monitored & accurately maintained so as to reflect a true and fair view of the company in the Business Financial & Performance Reports, across the region. At the same time providing long term business view and strategy to support achieving of targets.
The successful candidate will be tasked with providing the Brand with the best financial information to support strategic growth and successful business navigation for the future. A real passion for retail and people, whilst at the same time provide analytical excellence managing numerous stakeholders and vested interests, internal & external.
Finance Vision/Strategy
* Overall responsibility for securing that the financial and administrative processes are set up and work efficiently across the Region
* Leading the annual goal-setting process to secure that all Stores and departments within the Service Office have a clear and agreed upon budget for the coming year
* Responsible for compiling input to the multi-year business plan regarding finance working with stores' management teams in developing their annual business plan
* Collate the strategy across region using best financial information to deliver cost effectiveness
* Work with the country Finance Managers to support them in their roles working their natural working teams
* Working with Regional Sales & GM to ensure appropriate action plans are in place to regulate cost savings
* Support non-finance people understand in 'common language' financial information
Management Information / Business Navigation
* Produce one-off reports when required for a proactive analysis to make sure that the companies assets are safe guarded and targets met
* Own and at times, prepare various reports for Brand/Regional Office (sales, performance, FLASH, management meeting pack, BPC etc) and submit to management for review & action
* Prepare periodic margin analysis report & submit to Brand management for review & action - providing best practice guidance on the way forwards
* Ensure through the function that all managers with budget responsibility are provide with weekly and monthly financial and KPI reports so they can follow up on their performance and take proactive actions to reach their goals.
* Highlight deviations from budget/plan, actively coach the responsible manager to make sure that there are action plans developed to steer the business back towards agreed goals
* Support country Finance Managers for monthly closing of books of account. This will be more related to Navision - SAP reco entries eg: Inventory, Margins, Sales and Debtors.
* Collate at a country level, Monthly Business Packs and KPI reports, ready for submission to Retail/Group Finance
* Manages the Fixed Assets of the business and ensures the appropriate management of
Job Details
| Date Posted: | 2013-01-15 |
| Job Location: | United Arab Emirates |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Accounting/Auditing |
Preferred Candidate
Apply Now - Jobs in UAE - Search All Jobs
No comments:
Post a Comment