Role Summary:
The job holder will be responsible for managing and assisting the HoF in Financial Planning & Analysis, Budgeting, Periodic MIS reporting and controlling functions in the Concept. The job holder will be expected to utilize and manage financial resources and systems necessary to deliver Concept operational objectives. The job holder will be 2nd in line to the concept HoF

Key Responsibilities::
Budgeting, Cost Control & MIS
Assist 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
Coordinate the setting up of the revenue projections based on projected sales for each store in the territory
Analyse budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary
Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget for:
Revenue Productivity
Gross Margin and Net Margin for the Concept
Cash flow and NWC Management
Conduct reviews and evaluations for cost-reduction opportunities
Deliver set standards of MIS reports for various departments, ensure timely preparation and presentation of periodic MIS and interpret data to suggest ways of cost optimization and store performance improvement
Ensure thorough checking of the entire MIS prior sending to Corporate office while adhering to agreed timelines
Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets
Ensure due compliance in accordance with financial control parameters accountable for Internal Control System
Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures
Monitor Capital Expenditure plans for various territories

Accounting and Audit

Ensure proper approval, authorization of all payments and ensure accuracy in timelines and accuracy in all payments
Develop and maintain systems for prompt and accurate collection of financial and accounting information
Supervise online accounting and ensuring accuracy of all transactions
Ensure scrutiny and timely payment to all suppliers and supplier accounts reconciliation
Ensure purchase protection by enabling recoveries from suppliers
Ensure creditors accounting and the non \xe2\x80\x93 group company accounting is taken care of
Supervise timely and accurate internal audits and finalize Accounts for the Concept
Review and validate Payroll, Overtime payments and Incentives on time
Implement controls and procedures for debtors invoices and for monthly cash certificates
Review and authorize banking transactions
Review and Authorize Petty cash / Medical / Leave Settlement vouchers
Review and approve Supplier payments

Miscellaneous

Implement improvements in business processes as directed by Head - Finance
Represent the Concept in all financial matters with banks, auditors and other relevant parties
Train and educate the team members about errors/new developments
Ensure that all the Concept assets are safeguarded
Monitor Franchise agreements of various brands (if applicable)
Monitor and renew Lease Contracts/AMCs/TL/ Insurance (if applicable)
Coordinate for Project execution (New Stores / Warehouse) requirements (if applicable)
Coordinate with the corporate legal team for any legal matter of the concept

Qualifications

Knowledge, Skills & Experience required for the role

Education: Graduate Degree in Commerce , CA / CPA / CIMA / ACA / ACS / ACWA / MBA
8 \xe2\x80\x93 10 years of experience
Finance and Operations preferably in a Retail environment with specific exposure to operational financial planning and budget control
Accounting theory Concepts (e.g., internal controls, financial statement preparation, accrual accounting)
Basic Accounting Tools or Financial tools (e.g. CAPEX)
Knowledge of ERP based Accounting Systems
Knowledge of International Financial Reporting (IFRS Standards)
Financial Budgeting and Forecasting techniques
Business valuation techniques
Commercial and Business Awareness
Logistics knowledge
VAT and Corporate Tax Laws

Behavioral Skills:
Attention to detail
Analytical ability
Negotiation skills
Problem Solving
Communication

Primary Location: AE-AE-United Arab Emirates
Work location/ \xd9\x85\xd9\x88\xd9\x82\xd8\xb9 \xd8\xa7\xd9\x84\xd8\xb9\xd9\x85\xd9\x84: Oasis Mall - Dubai Oasis Mall - Dubai, , Dubai111111 111111
Job: Landmark Hospitality Finance and Accounts
Organization: Landmark Leisure UAE
Schedule label /\xd8\xa7\xd9\x84\xd8\xac\xd8\xaf\xd9\x88\xd9\x84 \xd8\xa7\xd9\x84\xd8\xb2\xd9\x85\xd9\x86\xd9\x8a: Regular
Shift: Standard
Job Type: Full-time
Day Job
Job Posting/\xd9\x86\xd8\xb4\xd8\xb1 \xd8\xaa\xd8\xb3\xd9\x85\xd9\x8a\xd8\xa9 \xd8\xa7\xd9\x84\xd9\x88\xd8\xb8\xd9\x8a\xd9\x81\xd8\xa9: Jul 18, 2023, 1:22:41 AM

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