Analyst - FPA Multibrand Industry - Dubai, United Arab Emirates - Chalhoub Group

Description

• Develop trustworthy relationship with the Business Units to drive financial management and processes
• Support operations in preparing P&L 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
• 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 P&L, 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
• 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 P&L)
• Instigate and participate in all process improvement initiatives related to the Business Unit
• Participate in relevant projects and community activities as and when needed