Financial Controller - Retail Corporate - Finance

About Us

As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the world’s best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols and Armani to name just a few!

About The Role

You will collaborate with the business and translate strategies into plans and budgets. Provide Business unit management on future business performance management through:

• Financial Planning & Analysis
• Budgeting & Forecast
• Management Reporting
• Performance Monitoring
• Delivery of Finance Business Partnering
• Risk Management

What You’ll Be Doing

Strategic Roles and Responsibilities:

• Drive, manage, execute and deliver Consolidated Management and Statutory financial reports.
• Support Central Functions including Logistics and Loyalty management team on their back-office accounting & financial activities.
• Support and ensure overall financial governance and compliance within Retail operations including financial process, systems, and tax matters.

Functional Roles and Responsibilities:

• Consolidations – Monthly MIS, semi-annual Budgets / Forecasts, semi-annual external audits and preparation of monthly rolling cash forecast.
• Consolidated level analytics of business based on historical data and trends from business verticals.
• Reporting – Prepare and/or coordinate preparation of monthly management financials, statutory audited financials, budgets & forecasts, cash forecasting, and total business level analytics.
• Project participation & project management – be part of, or own, recurring workstreams such as audits, but also support on cross-functional projects in Charts of Accounts revisions, tax, accounting, and finance processes.
• Ensure that all agreed recommendations relating to finance and risk management, systems and processes are actioned appropriately.
• Central Support functions – Finance Business Partnering support for Logistics, Loyalty Program (Amber) and Central costs.
• Allocations – owner of a detailed cost allocation model which splits central costs across all business verticals and legal entities. The Finance Manager will own the methodology and implementation.
• Support the Senior Finance Manager with overall Financial Control and Oversight across the Retail entities.
• Support the Senior Finance Manager with financial system ownership and systems controls.
• Oversee Tax and other Compliance matters (day-to-day operations handled by dedicated team).
• Joint Venture accounting, including investment values, share in profits, impairment assessments, managing limited scope audits.

People Management Roles and Responsibilities:

• Manage a team of 2-3 finance professionals and reports to the Senior Finance Manager. The role will be accountable for consolidation of all legal and operating entities across various business verticals across GCC countries.
• Identify and assess training needs of team members to improve team efficiency.
• Guide, develop inspire and motivate direct reports to enhance performance and quality of work.
• Ensure team compliance with Group standards, procedures, and practices.