CFO - Supermarkets

business PlaceUp
location_on Dubai
work full-time
A month ago

Description

Role Overview We are seeking a strategic and results-driven Chief Financial Officer (CFO) to lead our financial planning, analysis, and risk management efforts. As a key member of the executive leadership team, the CFO will guide the companys financial strategy to support growth, ensure compliance, and maximize profitability. Responsibilities - Develop financial strategies to support retail expansion, supply chain optimization, and margin improvement - Lead annual budgeting, forecasting, and long-term financial planning - Align financial goals with sales, operations, and procurement functions - Monitor gross margins, product-level profitability, and cost of goods sold (COGS) - Identify areas to reduce costs in procurement, warehousing, logistics, and in-store operations - Drive pricing strategy and discount policies in collaboration with commercial teams - Oversee cash flow to ensure liquidity for operations, supplier payments, and stock replenishment - Manage working capital (inventory, receivables, payables) closely to avoid cash lock-ups - Optimize payment terms with suppliers and collection cycles with customers (for B2B distribution) - Partner with operations to improve inventory turnover and avoid overstock or stockouts - Analyze data to minimize holding costs and maximize shelf productivity - Support technology adoption (e.g., ERP, inventory management tools) to gain real-time visibility - Track financial performance by store, region, product category, or channel (online/offline) - Measure and improve ROI on marketing, promotions, and store expansions - Benchmark performance against competitors and industry KPIs - Ensure timely and accurate financial reporting (P&L, balance sheet, cash flow) - Maintain compliance with VAT, audit requirements, and local financial regulations - Liaise with external auditors, tax consultants, and regulatory bodies - Champion digital transformation across finance, POS, warehousing, and procurement - Leverage data and analytics for smarter forecasting, pricing, and demand planning - Ensure tight integration between finance systems and retail/distribution platforms - Work closely with the CEO, COO, and Commercial Directors on strategic decision-making - Lead and develop finance teams including FP&A, accounting, and procurement control - Advise on M&A opportunities, new store locations, or market entry strategies Requirements - Bachelors degree in Finance, Accounting, or related field- 10+ years of progressive finance experience, with at least 5 years in a senior leadership role - Strong knowledge of corporate finance, financial modeling, and regulatory frameworks - Proven experience in budgeting, cash flow management, and strategic planning - Excellent leadership, communication, and stakeholder management skills- Experience in Retail Groceries/Supermarkets - Familiarity with ERP and financial management software #J-18808-Ljbffr

Posted: 7th July 2025 10.49 am

Application Deadline: N/A

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