Landmark Leisure UAE Hiring for Manager Job at Dubai Full Time

Role Summary:
The job holder will be responsible for managing and assisting the HoF in Budgeting, MIS and controlling functions in the Concept. The job holder will be expected to utilize and manage financial resources and systems necessary to deliver Concept operational objectives. The job holder will be 2nd in line to the concept HoF

Key Responsibilties:
Budgeting, Cost Control & MIS:
Assist in the formulation of the corporate strategy for the year and finalization of annual targets along with other functional heads to implement the strategic directions

Coordinate the setting up of the revenue projections based on projected sales for each store in the territory

Analyse budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary

Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget for:

Revenue Productivity

Gross Margin and Net Margin for the Concept

Cash flow and NWC Management

Conduct reviews and evaluations for cost-reduction opportunities

Deliver set standards of MIS reports for various departments, ensure timely preparation and presentation of periodic MIS and interpret data to suggest ways of cost optimization and store performance improvement

Ensure thorough checking of the entire MIS prior sending to Corporate office while adhering to agreed timelines

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

Ensure due compliance in accordance with financial control parameters accountable for Internal Control System

Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures

Monitor Capital Expenditure plans for various territories

Accounting and Audit:
Ensure proper approval, authorization of all payments and ensure accuracy in timelines and accuracy in all payments

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

Supervise online accounting and ensuring accuracy of all transactions

Ensure scrutiny and timely payment to all suppliers and supplier accounts reconciliation

Ensure purchase protection by enabling recoveries from suppliers

Ensure creditors accounting and the non – group company accounting is taken care of

Supervise timely and accurate internal audits and finalize Accounts for the Concept

Review and validate Payroll, Overtime payments and Incentives on time

Implement controls and procedures for debtors invoices and for monthly cash certificates

Review and authorise banking transactions

Review and Authorize Petty cash / Medical / Leave Settlement vouchers

Review and approve Supplier payments

Miscellaneous:
Implement improvements in business processes as directed by Head – Finance

Represent the Concept in all financial matters with banks, auditors and other relevant parties

Train and educate the team members about errors/new developments

Ensure that all the Concept assets are safeguarded

Monitor Franchise agreements of various brands (if applicable)

Monitor and renew Lease Contracts/AMCs/TL/ Insurance (if applicable)

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

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

Qualifications

Knowledge, Skills & Experience required for the role:
Graduate Degree in Commerce , CA / CPA / CIMA / ACA / ACS / ACWA / MBA

8 – 10 years of experience

Finance and Operations preferably in a Retail environment with specific exposure to operational financial planning and budget control

Functional Skills:
Accounting theory (e.g., internal controls, financial statement preparation, accrual accounting)

Basic Accounting Tools or Financial tools (e.g. CAPEX)

Knowledge of ERP based Accounting Systems

Knowledge of International Financial Reporting (IFRS Standards)

Financial Budgeting and Forecasting techniques

Business valuation techniques

Commercial and Business Awareness

Logistics knowledge

Behavioral Skills:
Attention to detail

Analytical ability

Negotiation skills

Problem Solving

Communication

Primary Location: AE-AE-United Arab Emirates

Work location/ موقع العمل: Oasis Mall – Dubai Oasis Mall – Dubai, , Dubai111111 111111

Job: Landmark Hospitality Finance and Accounts

Organization: Landmark Leisure UAE

Schedule label /الجدول الزمني: Regular

Shift: Standard

Job Type: Full-time

Day Job

Job Posting/نشر تسمية الوظيفة: May 25, 2022, 5:37:34 AM