Finance Manager Projects
Dubai, United Arab Emirates
Job Description
About GMG GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG\xe2\x80\x99s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the world\xe2\x80\x99s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets. About the role The role holder is responsible for ad-hoc finance projects and improving/standardization of Financial processes at GMG; implementation of robust financial controls and financial risk management framework; ensuring adequate financial liquidity and working capital. Accurate and timely financial accounting and operational services across the GMG. To create the tools and ideas on ways to accelerate productivity, speed & accuracy. Core Responsibilities:
- Automation of manual processes.
- Standardization of process & policies
- Process Improvements
- Management of ADHOC request from Senior Management
- Addresses financial issues such as balance sheet clean up in coordination with stakeholders.
- Ensures efficient and effective management of Business Unit\xe2\x80\x99s finances through all necessary financial controls, systems and processes and ensures accuracy and integrity of the company\xe2\x80\x99s financial records.
- Provide additional supports incase restructuring, heavy work load to insure that none of the teams are short of bandwidth when needed.
- Provides guidance and advice, related to the management of cash flow, cost controls and expenses for different departments, identifying potential financial opportunities and weaknesses and recommending corrective actions.
- Manages the delivery of various financial operations activities and ensures that these are in line with the GMG group\xe2\x80\x99s processes, guidelines and standards defined
- Monitors financial performance versus the budget e.g. the operational budget, the seasonal buying budgets etc. to ensure awareness of anticipated costs/revenues, excesses/deficits, areas of unsatisfactory performance and potential performance improvement opportunities
- Leads the following for Business areas:
- o Accounts Payable (Projects and Operations) activities including processing of Accounts Payable Invoices, liquidations of advanced payments, preparation of Accounts Payable entries, Suppliers Reconciliation and Aging.
- o Inventory recording and monitoring of received and issued items
- o General Ledger entries including Fixed Assets depreciation and disposal, Fixed Assets reconciliation, pre-payments, accruals, inter-company transactions, and related parties, bank reconciliations, provisions and write-off
- Leads the development of standard models for investment proposal preparation in line with the Group\xe2\x80\x99s policies and issues guidelines on analysis/methodologies and parameters, financial scenarios, sensitivity analysis etc. which aid in informed decision making by the Management Team and relevant stakeholders
- Assesses risks associated with the financial transactions executed and collaborates closely with the CFO on monitoring and implementing them
- Reviews and provides exceptions, variance, retail productivity, stock, sales, financial and budgetary analyses through MIS reporting for the respective Business Unit
- Defines goals and key performance indicators for each member of the team and ensures effective implementation of the GMG\xe2\x80\x99s performance management process
- Develops talent within the team by providing guidance, mentoring and coaching to achieve the defined goals
- Drives a culture of feedback and coaching in the Business Unit/ Department by providing feedback on an ongoing basis, identifying development needs and coaching the employees on the areas of improvement
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Job Detail
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Job IdJD1497213
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned