Chief Finance Officer

Dubai, United Arab Emirates

Job Description

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Overview
Pizza Hut Global Finance Markets (GFM) is looking for a talented, high-achieving CFO. This person will be a member of the GFM Leadership Team, responsible for all Pizza Hut GFM Finance activities including the development, approval and execution of policies,strategies, objectives and plans designed to achieve approved growth, revenue and profit targets. Functional areas include all financial deliverables including engagement with financial control, tax/treasury, financial planning, insurance/risk management and business review/audits.
The successful candidate will be responsible for leading a geographically dispersed team and work closely with our global colleagues based in Dallas, as well as regional GM\xe2\x80\x99s, their teams, and our franchise partners to ensure growth of our business. Our ambition is tocontinue to grow Pizza Hut\xe2\x80\x99s market expansion in all markets in the 90+ geographies in which GFM operates. The candidate should beable to embrace and leverage technology to catalyze efficiency. S/he will have worked in an organization which it was imperative tomanage tight margins and will as a result be highly commercially astute and intellectually curious. Also essential will be the ability towork in a region-wide matrix structure, and therefore a demonstrable track record of high achievement through high levels ofemotional intelligence, collaboration and influencing is essential. The success of this role is hugely dependent on the ability to build deep relationships, engage and influence to impact not just the senior leaders, franchise owners, who are from different cultures and organizations with differing maturities and scale.
Role Purpose

The successful candidate will develop, lead and execute the commercial business strategy and objectives across the Pizza Hut GFM business unit (~90countries, 5,000+ restaurants), representing over $5bn sales and 40% total Pizza Hut global profit. The scope of the position focuses primarily on 6 regions: Latin America and Caribbean, Europe, North Asia, South Asia, Middle East & Pakistan, Turkey Africa and Germany. This position will be based in Dubai, United Arab Emirates with approximately 30%+ travel (negotiable).
Responsibilities

  • Key leadership of the GFM finance function and thought partnership to the GFM MD and leadership team.
  • Provide input to region\xe2\x80\x99s strategic planning process, periodic review and update of strategic plans.
  • Oversee translation of approved company brand initiatives into finance programs working with the GFM
  • Build personal and professional relationships with key franchisees executives and owners, and all franchisee finance leaders, to be able to influence the strategic issues that encompass the overall business with a specific focus on Finance related
  • Role model as a business coach by crafting and galvanizing the system (GFM finance team, Global teams, regional teams, shared service teams, suppliers, and franchisees) to undertake game changing initiatives.
  • Be an inspirational mentor to the key emerging leaders from the rest of the Management
  • Nurturing a culture of empowerment within the finance team.

Requirements
  • A senior, strategic leader with a clear track record of success comes from a consumer-facing background and will have had experience building relationships and influencing across functional lines.
  • The individual must deal well with complexity and ambiguity, and have the ability to influence, guide and motivate without direct As not everything is fully defined, it will be necessary to get down into the detail, and the successfulcandidate will embrace that, as well as being a world-class executor.
  • The successful candidate will develop a mechanism to efficiently and effectively share best practices, enable consistent execution, and increase cross-organizational engagement.
  • Tertiary degree level qualification, with major in Finance or A Together with ACA/CPA qualification essential. Post graduate (MBA) qualification preferred.
  • Minimum 15 years overall business experience, with at least 3-5 years in senior finance position at policy making level preferably in a Multinational Fast Moving Consumer Goods Company, US$500 MM+ in turnover.
  • Experience in all facets of finance essential including FP&A, strategic planning, financial control, tax/treasury, audit and track record of system development to support business goal achievement.
  • Executive planning, organizing, leading and controlling
  • Excellent interpersonal skills and ability to build a team environment to achieve revenue, profit and growth
  • High work Candidates with international mobility

What must have been demonstrated in prior experiences
  • Commercial experience in leading M&A transactions - both acquisitions and
  • Demonstration of people leadership skills; heart-led people leader.
  • Effective in multi-cultural environment is a pre-requisite.
  • Having exceptional Emotional Intelligence to effortlessly understand and effectiveness connect and communicate with Board level members of franchisee to store level employees.
  • Excellent communication and negotiation skills are a pre-requisite.
  • Must have depth and variation in communication styles to be able to succeed with owner-operators to corporate executives
  • Excellent interpersonal skills and ability to build team environment in order to achieve revenue, profit and growth targets is a
  • High personal energy, intellectual curiosity and very strong work
  • A team player who is willing to share his opinion even if its Is a true corporate citizen once a decision is finalized. Progressive larger responsibilities within same organization is

As Functional Leader
  • Act as primary interface with PH Global to ensure that major finance strategies and plans are broadly consistent with PH strategic direction having regard to local business issues.
  • Oversee development and approval of all Finance Control and Finance Planning and policies, strategies, objectives and plans designed to achieve approved growth, revenue and profit Lead and approve all finance related business activities including financial control, banking, tax/treasury, infrastructure, insurance/risk management and business audits. Ensure that all business activities comply with local legislative requirements eg companies acts, statutory regulations, VATetc. Develop and oversee implementation of approved corrective financial activities.
  • Oversee the consolidation of all GFM operating results including various reporting packages, detailed analysis and tracking of results to understand business performance, actual results versus plan, forecast, prior year and run Liaise with PHGlobal on updating and revising plans. Manage the company annual G & A

POSITION IMPACT
Major Challenges

  • Influence franchisee leadership to buy strategic Finance initiative and make the bold investments required to constantly upgrade the business fundamentals despite often being contrary to existing success \xe2\x80\x98models.
  • Development and implementation of finance/Planning programmes in a competitive environment with differences in currencies, management styles and corporate structure dealing with a range of franchisees, etc.
  • Translating corporate policies and strategies to local markets and balancing desire for worldwide conceptual positioning standardization with the sometimes-conflicting local needs
  • Balancing short term sales and profit achievement with need to undertake longer term business building.

Decision Making Authority
  • Formulate policies, budgets, objectives and plans, and execute when
  • Approve expenditure within budget and
Middle East Region Specific
  • Must have an appreciation for living and working in the Middle East; be supported by immediate family (if applicable) whowill cherish living and working in this part of the world.
  • Have broad appreciation and capability to promote cultural, gender and religious diversity in the Middle East wheremost partners belong to Muslim faith.
  • Role requires extensive travel within the region with International travel beyond the region required often \xe2\x80\x93 expected travel 30%+ of time.
  • Weekends are Saturdays / Sundays \xe2\x80\x93 while Company respects individuals personal time, nature of retail business anddealing with partners consistent with local community practice would sometimes require the incumbent to spend timeon business during weekends / late evening.

THE COMPANY
Yum! Brands, Inc., based in Louisville, Kentucky, has over 50000 restaurants in more than 135 countries and territories and isone of the Aon Hewitt Top Companies for Leaders in North America. In 2018, Yum! Brands was recognized as part of the inaugural Bloomberg Gender-Equality Index. In 2017, Yum! Brands was named to the Dow Jones Sustainability North America Index and ranked among the top 100 Best Corporate Citizens by Corporate Responsibility Magazine.
The company\xe2\x80\x99s restaurant brands \xe2\x80\x93 KFC, Pizza Hut and Taco Bell \xe2\x80\x93 are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over seven new restaurants per day on average, making it a leader in global retail development.
Yum! is building a vibrant global business by focusing on four key business strategies:
  • Distinctive, relevant brands: Innovate and elevate iconic restaurant brands people trust and champion
  • Unmatched franchise operating capability: Recruit and equip the best restaurant operators in the world to delivergreat customer experiences
  • Bold restaurant development: Drive market and franchise unit expansion with strong economics and value
  • Unrivaled culture & talent: Leverage culture and people capability to fuel brand performance and franchiseesuccess Yum! is 98% franchised and retains ownership of no more than 2% of its restaurants with an \xe2\x80\x9cOwn toLearn\xe2\x80\x9d
Yum!\xe2\x80\x99s culture
Yum! is a company with a very special culture and an open, approachable style of working. Fostering the spirit of fun based on everyone making a difference, and with a driven strategy, the company has a lean structure with little hierarchy andbureaucracy. It operates at pace and is a high-energy, invigorating environment. It is an empowering organization in which collaborative, cross- functional working is at its heart. Yum! is proud of the unique culture it has built, one that is filled with energy, opportunity, recognition and fun. It truly believes in its people, trusts in their positive intentions, encourages ideas from everyone and has actively developed a workforce that is diverse in style and background. In short, Yum! is a place where anyone can, and does, make a difference.
Yum!\xe2\x80\x99s Track Record of Attracting and Developing World-Class Talent Yum! is passionate about hiring and developing high-potential individuals and giving them long-term, international careers. Its internal motto of \xe2\x80\x9cPeople capability first: satisfied customers and profitability will follow\xe2\x80\x9d is truly lived and breathed. Over thepast 20 years, Yum! has consistently hired, developed and promoted tens of successful individuals to company, brand, division and business unit general management and C-level functional roles.
The company hires on cultural fit, leadership ability and one\xe2\x80\x99s potential to grow, and it actively moves people cross-functionally at all levels. To succeed at Yum! at a senior level, you will need to be an inspiring and charismatic leader, driven,open, career-focused and geographically mobile. Yum! actively promotes candidate diversity.
Yum! is committed to a global, robust people planning process that is conducted annually. As part of that, each person has a unique individual development plan and high-potential individuals each have a step-by-step, long-term development plan. This includes documenting future jobs, critical experiences and mentors for each year of the development plan. Furthermore, formal \xe2\x80\x9cgame planning\xe2\x80\x9d talent discussions happen quarterly to ensure that key talent is being discussed for existing and future opportunities globally.

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Job Detail

  • Job Id
    JD1652336
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned