Budgeting, Cost Control & MIS\xc2\xa7 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\xc2\xa7 Coordinate the setting up of sales projections and of purchase budgets based on projected sales for each shop in the territory and each department\xc2\xa7 Coordinate operational, seasonal, buying budgets with the various management teams, including financial projections and cash flow statements, and ensure that they are prepared and finalized\xc2\xa7 Analyse budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary\xc2\xa7 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:o Retail productivityo Gross Margin and Net Margin for the Concepto Stocks and Sales\xc2\xa7 Conduct reviews and evaluations for cost-reduction opportunities\xc2\xa7 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\xc2\xa7 Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets\xc2\xa7 Coordinate with marketing for providing inputs on Margins, Mark Downs for promotions, campaigns and in-season activities like sales\xc2\xa7 Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures\xc2\xa7 Monitor Capital Expenditure plans for various territoriesAccounting and Audit\xc2\xa7 Ensure proper approval, authorization of all payments and ensure accuracy in timelines and accuracy in all payments\xc2\xa7 Develop and maintain systems for prompt and accurate collection of financial and accounting information\xc2\xa7 Supervise online accounting and ensuring accuracy of all transactions\xc2\xa7 Ensure scrutiny and timely payment to all suppliers and supplier accounts reconciliation\xc2\xa7 Ensure creditors accounting and the non - RNA company accounting is taken care of\xc2\xa7 Supervise timely and accurate internal audits and finalize Accounts for the Concept\xc2\xa7 Review and validate Payroll, Overtime payments and Incentives on time\xc2\xa7 Manage all staff requirements like Salary Certificate / PP / HRA Approval etc\xc2\xa7 Review and authorise banking transactions\xc2\xa7 Review and Authorize Petty cash / Medical / Leave Settlement vouchers\xc2\xa7 Review and approve Supplier paymentsWarehousing, Inventory and Logistics\xc2\xa7 Ensure optimal / economic stock holding\xc2\xa7 Negotiate and review arrangements with local purchase suppliers, non trading material suppliers\xc2\xa7 Supervise, control and authorize all purchases (local+ non Trading)\xc2\xa7 Help the corporate team in managing and overseeing in-bound and outbound logistics activity\xc2\xa7 Coordinate with the central warehouse for receiving, warehousing and delivery of product in a manner consistent with Concept service and cost objectives\xc2\xa7 Monitor freight forwarding by logistics partners\xc2\xa7 Ensure timely delivery of shipments to various territories along with Imports Department / RNAPeople Management\xc2\xa7 Manage the performance of the team - set annual performance goals, monitor performance and provide constructive feedback to improve performance.\xc2\xa7 Identify their training and development needs and ensure their fulfilment\xc2\xa7 Develop and mentor subordinates to move to the next higher level of job through career planning\xc2\xa7 Ensure compliance to Company policies and valuesMiscellaneous\xc2\xa7 Implement improvements in business processes as directed by Head - Finance\xc2\xa7 Represent the Concept in all financial matters with banks, auditors and other relevant parties\xc2\xa7 Train and educate the team members about errors/new developments\xc2\xa7 Ensure that all the Concept assets are safeguarded\xc2\xa7 Coordinate for Project execution (New Stores / Warehouse) requirements (if applicable)\xc2\xa7 Coordinate with the corporate legal team for any legal matter of the conceptQualificationsBudgeting, Cost Control & MIS\xc2\xa7 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\xc2\xa7 Coordinate the setting up of sales projections and of purchase budgets based on projected sales for each shop in the territory and each department\xc2\xa7 Coordinate operational, seasonal, buying budgets with the various management teams, including financial projections and cash flow statements, and ensure that they are prepared and finalized\xc2\xa7 Analyse budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary\xc2\xa7 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:o Retail productivityo Gross Margin and Net Margin for the Concepto Stocks and Sales\xc2\xa7 Conduct reviews and evaluations for cost-reduction opportunities\xc2\xa7 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\xc2\xa7 Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets\xc2\xa7 Coordinate with marketing for providing inputs on Margins, Mark Downs for promotions, campaigns and in-season activities like sales\xc2\xa7 Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures\xc2\xa7 Monitor Capital Expenditure plans for various territoriesAccounting and Audit\xc2\xa7 Ensure proper approval, authorization of all payments and ensure accuracy in timelines and accuracy in all payments\xc2\xa7 Develop and maintain systems for prompt and accurate collection of financial and accounting information\xc2\xa7 Supervise online accounting and ensuring accuracy of all transactions\xc2\xa7 Ensure scrutiny and timely payment to all suppliers and supplier accounts reconciliation\xc2\xa7 Ensure creditors accounting and the non - RNA company accounting is taken care of\xc2\xa7 Supervise timely and accurate internal audits and finalize Accounts for the Concept\xc2\xa7 Review and validate Payroll, Overtime payments and Incentives on time\xc2\xa7 Manage all staff requirements like Salary Certificate / PP / HRA Approval etc\xc2\xa7 Review and authorise banking transactions\xc2\xa7 Review and Authorize Petty cash / Medical / Leave Settlement vouchers\xc2\xa7 Review and approve Supplier paymentsWarehousing, Inventory and Logistics\xc2\xa7 Ensure optimal / economic stock holding\xc2\xa7 Negotiate and review arrangements with local purchase suppliers, non trading material suppliers\xc2\xa7 Supervise, control and authorize all purchases (local+ non Trading)\xc2\xa7 Help the corporate team in managing and overseeing in-bound and outbound logistics activity\xc2\xa7 Coordinate with the central warehouse for receiving, warehousing and delivery of product in a manner consistent with Concept service and cost objectives\xc2\xa7 Monitor freight forwarding by logistics partners\xc2\xa7 Ensure timely delivery of shipments to various territories along with Imports Department / RNAPeople Management\xc2\xa7 Manage the performance of the team - set annual performance goals, monitor performance and provide constructive feedback to improve performance.\xc2\xa7 Identify their training and development needs and ensure their fulfilment\xc2\xa7 Develop and mentor subordinates to move to the next higher level of job through career planning\xc2\xa7 Ensure compliance to Company policies and valuesMiscellaneous\xc2\xa7 Implement improvements in business processes as directed by Head - Finance\xc2\xa7 Represent the Concept in all financial matters with banks, auditors and other relevant parties\xc2\xa7 Train and educate the team members about errors/new developments\xc2\xa7 Ensure that all the Concept assets are safeguarded\xc2\xa7 Coordinate for Project execution (New Stores / Warehouse) requirements (if applicable)\xc2\xa7 Coordinate with the corporate legal team for any legal matter of the conceptPrimary Location: AE-AE-Dubai
Job: Finance
Organization: Home Box Concept
Schedule label /\xd8\xa7\xd9\x84\xd8\xac\xd8\xaf\xd9\x88\xd9\x84 \xd8\xa7\xd9\x84\xd8\xb2\xd9\x85\xd9\x86\xd9\x8a: Regular
Shift: Standard
Job Type: Full-time
Day Job
Job Posting/\xd9\x86\xd8\xb4\xd8\xb1 \xd8\xaa\xd8\xb3\xd9\x85\xd9\x8a\xd8\xa9 \xd8\xa7\xd9\x84\xd9\x88\xd8\xb8\xd9\x8a\xd9\x81\xd8\xa9: Apr 15, 2024, 7:54:41 AMThis job has been sourced from an external job board.
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