Landmark Careers Dubai – Head, Finance

Job Description:

The job holder will be responsible for Financial Accounting, Budgeting, Banking, Warehouse Coordination, MIS, Legal, General Office Administration, Logistics and IT Operations of the Concept. The job holder will also be responsible for instituting, directing and controlling the financial policies and activities of the Concept

Job Responsibilities:

• Formulate financial policies/procedures for the Concept within the framework of the group policies aimed at achieving the business growth and controls and ensure that the Finance Team follows internal control measures to safeguard financial interests
• Coordinate with the central warehouse for receiving, warehousing and delivery of product in a manner consistent with Concept service and cost objectives
• Review new projects – focusing on Break even points / sales break even; main cash flows and P/L accounts
• Develop and maintain systems for prompt and accurate collection of financial and accounting information
• Help the corporate team in preparing the routing and shipping plans, agreements with third party service providers and manage the delivery schedules
• Review the stocks in line with pre decided norms on terms of stocks levels, stock ageing, and slow moving items, to take timely decisions whenever required
• Maintain accounting by ensuring expenses are properly accounted for
• Ensure thorough checking of the entire MIS prior sending to RNA and Corporate office while adhering to agreed timelines
• Coordinate with Suppliers through Buying team for delivery of merchandise
• Set up controls and procedures for debtors invoices and for monthly cash certificates
• Supervise, control and authorize all purchases (local+ non Trading)
• Coordinate with Clearing team for clearance of imports
• Ensure the distribution of merchandise till the territory RDC
• Facilitate the setting up of sales projections and of purchase budgets based on projected sales for each shop in the territory and each department
• Participate in the preparation of buy budgets for concept across territories
• Negotiate and review arrangements with local purchase suppliers, non trading material suppliers
• Approve, authorize all payments and ensure accuracy in timelines and accuracy in all payments
• Help the corporate team in managing and overseeing in-bound and outbound logistics activity
• Ensure optimal / economic stock holding
• Assist the Concept Head in the formulation of the corporate strategy for the year and finalization of annual targets along with other functional heads to implement the strategic directions
• Through the Senior Finance Manager / Finance Manager, coordinate the operational, seasonal, buying budgets with the various management teams, including financial projections and cash flow statements, and ensure that they are prepared and finalized

Job Requirements:

• Corporate Law and Trademark knowledge
• Supply Chain Management and Logistics knowledge
• Communication skills
• Analytical ability
• Accounting theory (e.g., internal controls, financial statement preparation, accrual accounting)
• Business valuation techniques
• Basic Accounting Tools or Financial tools (e.g. CAPEX)
• Resource Management
• Negotiation skills
• Financial Budgeting and Forecasting techniques
• Knowledge of ERP based Accounting Systems
• Knowledge of International Financial Reporting (IFRS Standards)

Qualification & Experience:

• Specific / Relevant Experience
• 10 – 12 years of experience in Finance and Operations preferably in a Retail environment with specific exposure to evolved strategic financial planning and budget control
• 2 years of heading an independent Finance / Operations / Commercial function

Job Details:

Company: Landmark Group

Vacancy Type: Full Time

Job Location: Dubai, UAE

Application Deadline: N/A

Apply Here

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