Assistant Manager - Dubai, United Arab Emirates - Talent Pal

Description

Budgeting Cost Control & MIS

Assist in the formulation of the corporatestrategy for the year and finalization of annual targets along withother functional heads to implement the strategic directions

Coordinate the setting up of sales projectionsand of purchase budgets based on projected sales for each shop inthe territory and each department

Coordinateoperational seasonal buying budgets with the various managementteams including financial projections and cash flow statements andensure that they are prepared and finalized

Analyse budgets of the Concept and Territory operations monthlydiscuss and revise allocations if necessary

Monitor the income and expenses versus budget track the variancesrecommend corrective actions and followup on remedial actions toensure the adherence to the budget and to support the effectivemonitoring of performance within the budget for:

o Retail productivity

oGross Margin and Net Margin for the Concept

oStocks and Sales

Conduct reviews andevaluations for costreduction opportunities

Deliver set standards of MIS reports for various departments ensuretimely preparation and presentation of periodic MIS and interpretdata to suggest ways of cost optimization and store performanceimprovement

Exercise necessary budgetarycontrols on all costs incurred by the Territories ensuring thatthey comply with the drawn budgets

Coordinatewith marketing for providing inputs on Margins Mark Downs forpromotions campaigns and inseason activities like sales

Evaluate and present feasibility of newprojects and assess the financial implications of new or existingstores/ventures

Monitor Capital Expenditureplans for various territories

Accounting andAudit

Ensure proper approval authorization ofall payments and ensure accuracy in timelines and accuracy in allpayments

Develop and maintain systems forprompt and accurate collection of financial and accountinginformation

Supervise online accounting andensuring accuracy of all transactions

Ensurescrutiny and timely payment to all suppliers and supplier accountsreconciliation

Ensure creditors accounting andthe non RNA company accounting is taken care of

Supervise timely and accurate internal auditsand finalize Accounts for the Concept

Reviewand validate Payroll Overtime payments and Incentives on time

Manage all staff requirements like SalaryCertificate / PP / HRA Approval etc

Review andauthorise banking transactions

Review andAuthorize Petty cash / Medical / Leave Settlement vouchers

Review and approve Supplier payments

Warehousing Inventory and Logistics

Ensure optimal / economic stock holding

Negotiate and review arrangements with localpurchase suppliers non trading material suppliers

Supervise control and authorize all purchases(local non Trading)

Help the corporate team inmanaging and overseeing inbound and outbound logistics activity

Coordinate with the central warehouse forreceiving warehousing and delivery of product in a mannerconsistent with Concept service and cost objectives

Monitor freight forwarding by logisticspartners

Ensure timely delivery of shipmentsto various territories along with Imports Department / RNA

People Management

Managethe performance of the team set annual performance goals monitorperformance and provide constructive feedback to improveperformance.

Identify their training anddevelopment needs and ensure their fulfilment

Develop and mentor subordinates to move to the next higher level ofjob through career planning

Ensure complianceto Company policies and values

Miscellaneous

Implement improvements in business processesas directed by Head Finance

Represent theConcept in all financial matters with banks auditors and otherrelevant parties

Train and educate the teammembers about errors/new developments

Ensurethat all the Concept assets are safeguarded

Coordinate for Project execution (New Stores / Warehouse)requirements (if applicable)

Coordinate withthe corporate legal team for any legal matter of the concept

Qualifications

BudgetingCost Control & MIS

Assist in theformulation of the corporate strategy for the year and finalizationof annual targets along with other functional heads to implementthe strategic directions

Coordinate thesetting up of sales projections and of purchase budgets based onprojected sales for each shop in the territory and each department

Coordinate operational seasonal buying budgetswith the various management teams including financial projectionsand cash flow statements and ensure that they are prepared andfinalized

Analyse budgets of the Concept andTerritory operations monthly discuss and revise allocations ifnecessary

Monitor the income and expensesversus budget track the variances recommend corrective actions andfollowup on remedial actions to ensure the adherence to the budgetand to support the effective monitoring of performance within thebudget for:

o Retail productivity

o Gross Margin and Net Margin for the Concept

o Stocks and Sales

Conduct reviews and evaluations for costreduction opportunities

Deliver set standards of MIS reports forvarious departments ensure timely preparation and presentation ofperiodic MIS and interpret data to suggest ways of costoptimization and store performance improvement

Exercise necessary budgetary controls on all costs incurred by theTerritories ensuring that they comply with the drawn budgets

Coordinate with marketing for providing inputson Margins Mark Downs for promotions campaigns and inseasonactivities like sales

Evaluate and presentfeasibility of new projects and assess the financial implicationsof new or existing stores/ventures

MonitorCapital Expenditure plans for various territories

Accounting and Audit

Ensure proper approval authorization of all payments and ensureaccuracy in timelines and accuracy in all payments

Develop and maintain systems for prompt andaccurate collection of financial and accounting information

Supervise online accounting and ensuringaccuracy of all transactions

Ensure scrutinyand timely payment to all suppliers and supplier accountsreconciliation

Ensure creditors accounting andthe non RNA company accounting is taken care of

Supervise timely and accurate internal auditsand finalize Accounts for the Concept

Reviewand validate Payroll Overtime payments and Incentives on time

Manage all staff requirements like SalaryCertificate / PP / HRA Approval etc

Review andauthorise banking transactions

Review andAuthorize Petty cash / Medical / Leave Settlement vouchers

Review and approve Supplier payments

Warehousing Inventory and Logistics

Ensure optimal / economic stock holding

Negotiate and review arrangements with localpurchase suppliers non trading material suppliers

Supervise control and authorize all purchases(local non Trading)

Help the corporate team inmanaging and overseeing inbound and outbound logistics activity

Coordinate with the central warehouse forreceiving warehousing and delivery of product in a mannerconsistent with Concept service and cost objectives

Monitor freight forwarding by logisticspartners

Ensure timely delivery of shipmentsto various territories along with Imports Department / RNA

People Management

Managethe performance of the team set annual performance goals monitorperformance and provide constructive feedback to improveperformance.

Identify their training anddevelopment needs and ensure their fulfilment

Develop and mentor subordinates to move to the next higher level ofjob through career planning

Ensure complianceto Company policies and values

Miscellaneous

Implement improvements in business processesas directed by Head Finance

Represent theConcept in all financial matters with banks auditors and otherrelevant parties

Train and educate the teammembers about errors/new developments

Ensurethat all the Concept assets are safeguarded

Coordinate for Project execution (New Stores / Warehouse)requirements (if applicable)

Coordinate withthe corporate legal team for any legal matter of the concept

Primary Location: AEAEDubai

Job: Finance

Organization: Home Box Concept

Schedule label /الجدول الزمني: Regular

Shift: Standard

JobType: Fulltime

Day Job

JobPosting/نشر تسمية الوظيفة: Apr:54:41 AMThis job has beensourced from an external job board.
More jobson