Job title: Finance Business Partner – Luxury FINANCE \u00b7 Dubai
Job description: Job Description
Job Title Finance Business Partner
FINANCE · Dubai
Finance Business Partner – Luxury
We usually respond within a week
Who we are
We are a leading partner for luxury across the Middle East. With more than 600 stores, 300 brands and over 65 years of experience in the region, we have become a major player in the beauty, fashion and gift sectors, by offering service excellence to our partners and delighting all our customers. We are moving fast from a traditional distributor and retailer for luxury in the Middle East, to a hybrid retailer bringing luxury experiences to the fingertips of customers everywhere.
To fuel the next stage of our growth we are looking to build a world class team. From physical retail through to supply chain and customer loyalty, we aim to use technology and data to continuously improve every aspect of our operations. We are looking for top talent to join us on this journey of exploring new horizons together.
What you’ll be doing
The job holder of this position is responsible for leading the Finance function of a defined Business Unit, analyzing risks and guiding the business, to assist in measurement, planning and forecasting of activities and implications on income statement and balance sheet. The job holder of this position will also be responsible for developing, interpreting and implementing financial planning, budget and control for the business unit.
Develop trustworthy relationship with the Business Units to drive financial management and processes
Support operations in preparing PandL projection, analysis of financial viability of new investments and budget follow-up
Organize internal and external reporting; make constructive proposals and act as an internal consultancy to Managing Director, Business units’ Managers and Group Finance Manager to monitor the business
Evaluate business proposals with complete analysis of economic impact on business
Analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions
Assist in developing Financial Strategic Planning such as the 3-Y Plan
Review purchase cycle and analyze the Cash Flow and stock position on regular basis to provide corrective actions if necessary
Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management
Follow up and control the capital expenditure budgets allocated to the business unit
Monitor the cost structure of the companies’ business units and prepare business profitability analysis
Arrange, observe and control the PandL, balance sheet and recommend action
Provide Internal Control and ensure compliance with all Group Policies and Procedures
Prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products
Prepare the Monthly Tableau de Bord (TDB)
Revise the budgets and close follow up on: collections, payables, stock, sales and net margin. challenge assumption and propose revisions
Drive month end closing by analyzing trial balances, researching general ledger activity and variances to budget and prior year
Develop and improve processes related to expenditure, appropriate financial methods to better evaluate and measure performance
Provide analytical support as required to various cross-function initiatives and ad hoc projects (e.g. preparing business plans, study of the cash flow and PandL)
Instigate and participate in all process improvement initiatives related to the Business Unit
Participate in relevant projects and community activities as and when needed
What you’ll need to succeed
Minimum 4 years of experience in Finance
At least 2 years of experience in similar role
Coming from a luxury industry
Finance degree from a well known university
Finance qualification such as CFA, CPA etc
What we can offer you
With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.
We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts. To view all our perks and benefits,
Department Role Senior Finance Business Partner Locations FINANCE · Dubai
Finance Business Partner – Luxury
PERSONAL DATA PROTECTION POLICY
This Personal Data Protection Policy details the CHALHOUB policy with regard to personal data provided on its websites and chalhoubgroupcareers.com (the “
CHALHOUB respects your concerns regarding the confidentiality of personal information and data provided by you. By providing your personal information and data, you consent to the use, analysis and, where applicable, disclosure of such information by us for purposes associated in particular with your requests for our newsletters, press releases and recruitment messages. Consequently, we encourage you to read this policy carefully. This Personal Data Protection Policy applies to all personal data provided by you on our Website.
CHALHOUB may collect and process the following data about you
Information you give us
You may give us information about you by filling in forms on the Website or by corresponding with us by phone, e-mail or otherwise. This includes information you provide when you register to receive our Newsletter or participate in discussion boards or other social media functions on the Website (this includes Facebook, Instagram, Pinterest, Twitter and Tumblr) and when you report a problem with our Website. The information you give us may include your name, address, e-mail address and phone number, personal description and photograph.
Information CHALHOUB collects about you. With regard to each of your visits to the Website CHALHOUB may automatically collect the following information:
technical information, including the Internet protocol (IP) address used to connect your computer to the Internet, your login information, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform;
information about your visit, including the full Uniform Resource Locators (URL) clickstream to, through and from the Website (including date and time); page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), and methods used to browse away from the page and any phone number used to call our customer service number.
CHALHOUB uses data held about you in the following ways:
Information you give to us. CHALHOUB will use this information:
to provide you with information about goods and services CHALHOUB offers;
to notify you about changes to our service;
to ensure that content from the Website is presented in the most effective manner for you and for your computer.
Information CHALHOUB collects about you. CHALHOUB will use this information:
to administer the Website and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes;
to improve the Website to ensure that content is presented in the most effective manner;
to allow you to participate in interactive features of our service;
as part of our efforts to keep the Website safe and secure;
to measure or understand the effectiveness of advertising CHALHOUB serves to you and
- to make suggestions and recommendations about goods or services that may interest you.
Disclosure of your information
CHALHOUB may share your personal information with any member of th
You have applied correctly
A message has been sent to the employer, you are going to receive the reply soon. Good luck!
You have applied correctly
The request has been sent correctly. However, we have seen that your resume is incomplete. We highly recommend you to fill it to let the employer know you. These are the fields you have empty:
Job date: Sat, 21 Jan 2023 08:55:24 GMT
Apply for the job now!