الصفحة الرئيسية الإمارات العربية المتحدة Finance Business Partner - [Fitness BU & Fashion BU] (TP)

الصفحة الرئيسية الإمارات العربية المتحدة Finance Business Partner - [Fitness BU & Fashion BU] (TP)

Finance Business Partner - [Fitness BU & Fashion BU] (TP)

دوام كامل في Al Khayyat Investments (AKI) في UAE
نُشرت يوم January 29, 2025

تفاصيل الوظيفة

Finance Business Partner - [Fitness BU & Fashion BU] (TP)

The job holder of this position is responsible for leading the Finance function of Fitness BU and Fashion BU. Analyzing risks and guiding the business, to assist in measurement, planning and forecasting of activities and implications on income statement and balance sheet. The Finance Business Partner will also be responsible for driving the elaboration of monthly actual financials and developing, interpreting and implementing financial planning, budget and control for the business unit to enhance governance, cost control and financial performance of the Business Units ensuring it delivers Budget targets in terms of profitability, working capital and ROCE. KEY RESPONSIBILITIES:
  • Develop trustworthy relationship with the Business Units to drive financial management and processes.
  • Support operations in preparing P&L projection, analysis of financial viability of new investments and budget follow-up.
  • Organize internal and external reporting; make constructive proposals and act as an internal consultancy to Managing Director, Business units’ Managers and Group Head of Finance Manager to monitor the business.
  • Evaluate business proposals with complete analysis of economic impact on business.
  • Analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions.
  • Assist in developing Financial Strategic Planning for Budget and Long Term 3-Y Plan.
  • Review BU purchase cycle and analyze its Cash Flow and stock position on regular basis to provide corrective actions if necessary.
  • Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management.
  • Follow up and control the capital expenditure budgets allocated to the business unit to ensure ROCE targets are achieved.
  • Monitor the cost structure of the companies’ business units and prepare proposals for OPEX optimisation to enhance business profitability and protect Budget NP targets.
  • Arrange, observe and control the P&L, balance sheet and recommend action.
  • Provide Internal Control and ensure compliance with all Group Policies and Procedures.
  • Prepare and monitor the performance of NPV and internal rate of return (IRR) studies for proposed new outlets and new brands.
  • Drive month end closing and prepare the Monthly financials with the support of Accounting team for his/her own BU by analyzing trial balances, researching and investigating general ledger activity and variances to budget and prior year whenever required.
  • Revise the budgets and close follow up on: collections, payables, stock, sales and net margin.
  • Develop and improve processes related to expenditure, appropriate financial methods to better evaluate and measure performance, challenge business plan assumption and propose revisions.
  • Provide analytical support as required to various cross-function initiatives and ad hoc projects (e.g. preparing business plans, study of the cash flow and P&L).
  • Instigate and participate in all process improvement initiatives related to the Business Unit.
  • Participate in relevant projects and community activities as and when needed.
SKILLS AND QUALIFICATION:
  • Ideal candidate with 5-8 years experience in both Distribution and Retail experience in the Region or in a top MNC out of the Region .
  • Retail experience is a must – Distribution preferable
  • Finance qualified a clear plus (but not mandatory)
  • Commercially astute – good business acumen and communication skills

Seniority level

  • Mid-Senior level

Employment type

  • Full-time

Job function

  • Finance
  • Industries
  • Wellness and Fitness Services and Retail
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