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Finance Manager Retail Job Vacancy in UAE Dubai

Posted date [2024-09-03]   (ID: 31538)
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Holders of the Guinness World Record for the "Largest Fireworks Display" ever recorded and "Largest Pyrotechnic Image", Fireworks by Grucci is a sixth-generation, family-owned and operated company. Known as "America's First Family of Fireworks," the Gruccis have transformed the night skies to the delight of millions across the globe since 1850. They are world-renowned for pyrotechnic artistry, scientific innovation and old-fashioned values. Their signature performances include the official celebration of the 200th Anniversary of the National Anthem “Star Spangled Spectacular,” in Baltimore, countless performances in and around Las Vegas, NV., seven consecutive U.S. Presidential Inaugurations; the Olympic Games in Beijing, Salt Lake City, Los Angeles and Lake Placid; commemorations such as the Centennial of the Statue of Liberty and star-studded extravaganzas including the grand opening of the Atlantis Dubai and the Palm Jumeirah Island in the United Arab Emirates. On New Year’s Eve 2013, a stunning performance displaying 479,651 fireworks made its debut above Dubai’s iconic skyline. The Gruccis achieved their “Largest Fireworks Display” title with this performance and smashed the Guinness Book of World Record’s preceding mark. Phil Grucci currently serves as President/CEO of Fireworks by Grucci, Inc. and Pyrotechnique by Grucci, Inc., the manufacturing entity of the Grucci group of companies....

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
Analyze budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary
Monitor the income and expenses versus budget, track the variances and 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 Retail productivity, GM & Net Margin, Stocks & Sales.
Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets
Monitor Capital Expenditure plans for various territories
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 scrutiny and timely payment to all suppliers and supplier accounts reconciliation
Supervise timely and accurate internal audits and finalize Accounts for the Concept
Review and validate Payroll, Overtime payments and Incentives on time
Ensure optimal / economic stock holding
Ensure the stocks are in line with pre decided norms on terms of stocks levels, stock ageing, and slow moving items, to take timely decisions whenever required
Budgeting and Forecasting/ Project feasibilities

Formulating and executing annual and long range financial plans, focused on underlying business drivers and sensitivity analysis by modeling and quantifying the potential effects of changes in business drivers
Monitoring and controlling the main parameters of business plan in coordination with functional heads viz. rationalization, purchase success, gross margin performance
Comparison of actual results to plans and prior results for the purpose of identifying the problem areas and implementing corrective actions
Screening new projects, conducting project feasibility studies and preparing reports to assess the financial viability, predictable cash flow & growth opportunities
Business Analysis & MIS

Ensuring timely preparation and presentation of periodic MIS reports/ scorecards/ dashboards to top management and interpret data to suggest ways of cost optimization and store performance improvement.
Undertaking business analysis viz. scenario analysis, store wise analysis, territory wise analysis, Income & expenses analysis, product profitability analysis as well as adhoc analysis of various parameters.
Accounts, Costing & Auditing

Heading finance functions involving designing & implementing systems, policies & procedures to facilitate internal financial control towards the accomplishment of organizational goals.
Designing manuals for the preparation & maintenance of statutory books of accounts and financial statements, ensuring compliance with time & accuracy norms.
Establishing strategic cost management systems and preparing and maintaining necessary stock records to track the inward / outward movement of goods and monitor various overheads, ensuring minimum stock level.
Coordinating internal and statutory audits; evaluating internal control systems / procedures with a view to highlight the shortcomings and implementing necessary recommendations.
Job Title Finance Manager Retail
Job Description 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
Analyze budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary
Monitor the income and expenses versus budget, track the variances and 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 Retail productivity, GM & Net Margin, Stocks & Sales.
Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets
Monitor Capital Expenditure plans for various territories
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 scrutiny and timely payment to all suppliers and supplier accounts reconciliation
Supervise timely and accurate internal audits and finalize Accounts for the Concept
Review and validate Payroll, Overtime payments and Incentives on time
Ensure optimal / economic stock holding
Ensure the stocks are in line with pre decided norms on terms of stocks levels, stock ageing, and slow moving items, to take timely decisions whenever required
Budgeting and Forecasting/ Project feasibilities

Formulating and executing annual and long range financial plans, focused on underlying business drivers and sensitivity analysis by modeling and quantifying the potential effects of changes in business drivers
Monitoring and controlling the main parameters of business plan in coordination with functional heads viz. rationalization, purchase success, gross margin performance
Comparison of actual results to plans and prior results for the purpose of identifying the problem areas and implementing corrective actions
Screening new projects, conducting project feasibility studies and preparing reports to assess the financial viability, predictable cash flow & growth opportunities
Business Analysis & MIS

Ensuring timely preparation and presentation of periodic MIS reports/ scorecards/ dashboards to top management and interpret data to suggest ways of cost optimization and store performance improvement.
Undertaking business analysis viz. scenario analysis, store wise analysis, territory wise analysis, Income & expenses analysis, product profitability analysis as well as adhoc analysis of various parameters.
Accounts, Costing & Auditing

Heading finance functions involving designing & implementing systems, policies & procedures to facilitate internal financial control towards the accomplishment of organizational goals.
Designing manuals for the preparation & maintenance of statutory books of accounts and financial statements, ensuring compliance with time & accuracy norms.
Establishing strategic cost management systems and preparing and maintaining necessary stock records to track the inward / outward movement of goods and monitor various overheads, ensuring minimum stock level.
Coordinating internal and statutory audits; evaluating internal control systems / procedures with a view to highlight the shortcomings and implementing necessary recommendations.
Post Details
Job Start Date 1970-01-01
Salary from 0.00
Salary to 0.00
Number of Vacancies 1
Location Job Location -> UAE Dubai
Location City Dubai
    
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location
Work Experience 1-2 Years
Candidate Profile Description
Job Classification
Job Type Job Type -> Full-time
Industry Type Job Industry -> Retail
Job Function Job Functions -> Retail Customer Service
Employers Details
Company Careerraiser
Contact Person
Designation
Telephone 14049817353
Email questions(at)careerraiser.com
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