Finance Manager

4 أكتوبر، 2022

0 3 2 دقائق

Finance Manager

الوصف الوظيفي

Finance Manager | B&Q | KSA

Overview of the Role:

The Finance Manager is responsible for working closely with Head of Businesses in maximising profit, cost control, driving KPIs and ensuring optimum working capital for smooth running of the business.

He /she is responsible to work on controlling the accounting principles & entries, creating financial statements, making the system reconciliations ( SAP/BPC/ Financial models) ,managing the relations with internal/external audit & group finance and reporting monthly standard reports to group and retail finance with the support of his team

What you will do:

Financial Controlling

Financial Asset Management to maximize returns
Balance sheet review with controlling team
Vendor Management
Tax returns and compliance
Intercompany and Intra Company management
Managing working Capital and Full control over cash flow
Risk Management – Assessing operations and observed the financial risk
Insurance policies renewals and updates
Giving guidance on financial decision by monitoring policies and procedures
MM module Landed Factors control
Capex Management for new stores and refurbishment
Impairment assessment with Central Finance team

Reporting and Budgeting

Full involvement in the Budget & Strat Plan process land supporting head of business in planning targets
Preparing Balance sheet and cash flow
Controlling BPC and SAP upload and reconciliations
Managing IAN’s for balance sheet exposures and Write offs
Support Anaplan implementation
Involvement in MBR and all other reports

Audits and SOP’s

Point of contact for internal and external audit
Coordinating with all Al Futtaim group Internal Audit
Coordinating external audits for the brand
Conducting timely audits by internal resource to check and ensure non store process compliance and minimizing company risk
Tax compliance

Having Control on business functions and business support

Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business
Partnering commercial team for vendor rebate management
Preparation of Direct Cash Flow
Co-ordinate with Retail treasury team on funding requirement
Manage relation with Rebex team, Country SSF and Central APSSC
Work closely with Brand P&C and Central P&C to ensure implementation of effective processes in the business

Project Analysis and expansion

Supporting all feasibility analyses for new investments – preparing long term P&L, BS & CF with NPV, IRR analytics.
Maintain Closing Balance sheet controls in co-ordination with retail teams