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Senior Financial Analyst

We are Chalhoub Group, a leading family business in the world of beauty, fashion and gifts. We have blended our Middle East expertise and intimate knowledge of luxury to offer service excellence to all our partners and a unique experience to all our customers for over 60 years

 

As we continue to grow, it’s our vision to become a hybrid retailer, bringing luxury experiences to the fingertips of customers everywhere.

 

Our passionate teams drive our vision forward, without them, we couldn’t create luxury experiences for our customers. Through opportunities, development and support, we empower each and every employee to achieve their career goals – and beyond. It’s an exciting journey we’re on, and one you could be part of.

We are seeking talented Finance experts who are aspiring a career in a highly-accelerated Corporate Finance team who have the strive to bring values to the  team,

 

Job Summary: 


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.

Key Responsibilities:
 Organizational:
Follow all relevant financial policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner
 

Operational:

  •  Follow the day-to-day activities related to own job with minimal supervision to ensure continuity of work
  • Follow-up on escalated cases /issues/questions of junior team members to ensure they are closed efficiently and in a timely manner
  • 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
  • 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 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
  • 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 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

 

Your Profile:

University Degree in Finance/Pursuing Professional Financial Qualification
A minimum of 6 years of relevant experience with at least 3 years in a similar role
  

What we can offer you

We will help shape your journey with us through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility.

 

Our Group offers the opportunity to support careers that may span different teams, different job roles, different categories and even different countries.  We offer diverse career paths for those who show drive and passion as well as the desire to learn and grow.

 

Amazing benefits

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, life insurance, child education contribution & exclusive employee discounts.

 

 

 

 

 

 

 


Job Segment: Strategic Planning, Strategy

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