Dear Mohamed, Dear candidate, Our Client one of the largest retail chains in the Middle East is looking to hire a DGM Finance for its Home Furniture Retail Division in Dubai Some details of the client ------------------------------- -40 years of Retail presence in the middle east. -Turnover in excess of US 2.5 billion dollars -Retail Presence across 12 countries -Over 825 stores -45000 Employees Candidate Specification: ----------------------------- Graduate Degree in Commerce CA / CPA / CIMA . 8 - 20 years of experience in Finance and Operations 2-3 years of experience in Retail industry 2 years of heading an independent Finance / Operations / Commercial function Sill sets ----------- Expert knowledge of Accounting standards Expert knowledge of IFRS Basic Accounting Tools or Financial tools Knowledge of ERP based Accounting Systems Knowledge of International Financial Reporting Business valuation techniques Supply Chain Knowledge ERP Systems Knowledge Resource Management People Management Communication. JOB DESCRIPTION ------------------------------ Financial Accounting & Control ----------------------------------------- *Develop and maintain systems for prompt and accurate collection of financial and accounting information *Prepare monthly and quarterly financial statement in compliance with the statutory/regulatory norms *Ensure all Revenue and expenses are properly accounted for *Analyze discrepancies and resolve queries pertaining to the reports prepared *Manage payables and receivables for all the concepts *Supervise Insurance transactions - Policy formation / renewal / addition / rate negotiation *Supervise Banking transactions - Daily fund management / utilization of funds / liasoning with banks / analyzing banking facilities and Repayment of TR in time/Remmittances to Corporate Office *Set up controls and procedures for debtors invoices and for monthly cash certificates *Monitor the staff cost against sales Budgeting & MIS ------------------------- *Finalize the operational, seasonal, buying budgets with the various management teams *Draw management analysis from the quarterly data to identify variance from trends and budgets *Provide exceptions and various Analysis Reports on MIS *Assist in budget preparation/financial projections inclusing cash flow statements *Study new projects - focusing on Break even points / sales break even; main cash flows and P/L accounts *Generate monthly MIS and interpret data to suggest ways of cost optimization and store performance improvement *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 *Initiate and develop reporting and tracking systems *Train and educate the team members about errors / new system developments *Correspond with the Oracle team in the resolution of ERP issues (roll out and system) Evaluate performance of stores across concepts and recommend corrective actions Logistics ------------- *Drive efficiencies and effectiveness in the entire end to end supply chain process for the Concepts *Help the corporate team in managing and overseeing in-bound and outbound logistics activity *Support the UAE territory distribution, pull outs and stock consolidation *Coordinate the central with warehouse for receiving, warehousing and delivery of product in a manner consistent with concept service and cost objectives *Help the corporate team in preparing the routing and shipping plans, agreements with third party service providers and manage the delivery schedules *Optimize movement of inventory so that there is neither shortage nor surplus at any point within territories *Coordinate with the corporate supply chain team on supply chain efficiency and effectiveness optimization initiatives *Monitor freight forwarding by logistics partners *Conduct periodical stock take and analyze variances from the report Ensure efficiencies and replenishment of stocks between RDC and stores Information Technology -------------------------------- *Ensure smooth functioning of operating system, database, application server software and middleware *Avert IT infrastructure problems and resolve issues before they impact business availability *Ensure minimum downtime of critical IT systems *Monitor, evaluate and forecast critical IT infrastructure requirements *Ensure efficient turn around of IT software and hardware related complaints, queries Ensure query design, maintenance and management for MIS generation through ERP systems Bank Facilities ------------------------ *Ensure optimum allocation and utilization of allocated working capital for various concepts *Analyze Working Capital requirement viz. Receivables, Inventory and Trade Creditors and coordinate with Banks to arrange the required finances *Liaise with major trading banks and other financial institutions to source the forecasts and predictions on future exchange and interest rates movement Ensure timely submission of reports required by bank People Management ----------------------------- *Manage the performance of the team - set annual performance goals, monitor performance and provide constructive feedback to improve performance. *Identify their training and development needs and ensure their fulfilment *Develop and mentor subordinates to move to the next higher level of job through career planning Ensure compliance to Company policies and values Miscellaneous --------------------- *Facilitate timely and accurate internal audits *Constantly review of the effectiveness of the existing internal control system *Train and educate the team members about errors/new developments *Ensure timely renewal of - Trade Licenses / Lease Agreements / Commercial terms in the lease agreements along with PROs with the different authorities *Ensure statutory audit compliance Handle and control all lease rental agreements for the territory Conduct mark down management by detailed analysis of margins and gross profit and advice on margin setting for fresh stock and discounted sales Salary is negotiable and not a constraint for the right candidate. INTERVIEWS FOR THIS POSITION WILL BE HELD IN BANGALORE ON 27TH.NOVEMBER AND CHENNAI ON 30TH.NOVEMBER If you are interested in applying for this position, kindly mail your cv immediately in word format to :andrea.ascenthr@gmail Regards, Andrea Ascent HR Solutions Mumbai
Posted on: Thu, 27 Nov 2014 05:25:18 +0000
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