Job Description

F&B Manufacturing Experience is a Must.

This is a unique opportunity to join a fast growing company which has ambitious expansion plans.

will be responsible for overseeing the entire financial functions of the company and will report directly to the General Manager. r needs to be dynamic, innovative and be able to handle large volumes of transactions for multiple business units with Franchises across the UAE and outside.

KEY RESPONSIBILITIES

• Incorporation of Value Added Tax (VAT) to the entire organization.
• Ensure an accurate and timely monthly, quarterly and year end close
• Able to effectively control the Production Cost and Control the factory/outlets in terms of wastage, pilferage and efficiency.
• Reviewing, monitoring, and managing budgets and Cost of Sales in all F&B Outlets and Attractions.
• To ensure all the Group policies and procedures are implemented properly, communicated to all staff, monitored regularly, adhered too in all instances and rolled out to any new employee.
• Where a policy or procedure is required but not yet developed, to develop such policy in the required format, obtain the necessary approvals and implement.
• Developing strategies that work to minimize financial risk along with Developing long-term business plans.
• Complies with Government , and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• To implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
• Manage accounting team to setup finance system to register cost and revenue per revenue stream and calculate Profit/Loss per function to the level required by GM & CEO
• Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts and feasibility studies.
• Preparation of reports daily, weekly and monthly which include but are not limited to sales analysis, cost reports, monthly management accounts.
• Preparation of annual budgets per business unit with quarterly updated rolling forecasts.
• Preparation and presentation of monthly Business Review Pack (BUR).
• Submission of a monthly Financial Manager's report summarizing the performance of the businesses under your control, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions.
• Management and control of all banking related transactions.
• Daily cash flow monitoring and management which includes the management of payables and receivables.
• Monthly balance sheet reconciliations review and authorize.
• Preparation of accounts must be in line with IFRS.
• Overseeing and control of the purchasing department ensuring the right item is purchased at the most competitive price.
• Monitor supplier/customer agreements regarding respective revenue and cost associated with them.
• Use industry experience and initiative to identify areas for cost cutting and/or revenue improvement.
• Risk management of assets, currency, credit and liquidity.
• Ensure that all IT systems are being used in accordance with the business requirements and proper segregation of duties/controls are implemented.
• Manage and coordinate internal and external audits.
• Strive to build a team culture by working together with the respective business and department heads in support of their strategies to achieve the business plan.
• Oversee the payroll preparation of the Company.
• Serve as advisor to key management regarding strategic projects and operational requirements.
• Provide leadership to your finance team members and strive to be industry leading in terms of accuracy, quality, timings, execution and delivery.
• Developing and monitoring KPI's and KPA's for the finance staff.
• Foster a performance driven environment with quarterly staff performance reviews, identifying training needs and mentoring/coaching staff.
• Be familiar with the labour law and HR practices in the business and industry.

Qualification:

Bachelor or Master's in Finance or Economics

At least with 8+ years of job role experience in reputable industries of hospitality, restaurants, leisure, F&B management.

-Credit Notes

-BDA deduction

-Sell-out & sell-in

-Compensation

-P&L

Required Skills:

Excellent Organizational Skills

Job exposure to a fast paced, multi business environment.

Familiar with Financial Data Reporting Applications (FDRA)

Efficient knowledge with Microsoft Office Suite and Financial Management/Accounting

Strong financial analysis skills capability

Arabic is a must, excellent written and verbal skills.

Job Type: Full-time

Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Manager: 1 year (Preferred)