Analyst FP&A Chalhoub Group UAE

Chalhoub Group presently requires qualified and experienced candidate for job role of an Analyst FP&A. The selected candidate will be responsible for leading the Finance function of a defined Business Unit, analyzing risks and guiding the business, to assist in measurement, planning and forecasting of activities and implications on income statement and balance sheet.

Duties of FP&A Analyst

• Responsible for developing, interpreting and implementing financial planning, budget and control for the business unit.
• Develop trustworthy relationship with the Business Units to drive financial management and processes.
• Support operations in preparing P&L projection, analysis of financial viability of new investments and budget follow-up.
• Organize internal and external reporting, make constructive proposals and act as an internal consultancy to Managing Director, Business units’ Managers and Group Finance Manager to monitor the business.
• Evaluate business proposals with complete analysis of economic impact on business.
• Analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions.
• Assist in developing Financial Strategic Planning such as the 3-Y Plan.
• Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management.
• Follow up and control the capital expenditure budgets allocated to the business unit.
• Monitor the cost structure of the companies’ business units and prepare business profitability analysis.
• Arrange, observe and control the P&L, balance sheet and recommend action.
• Provide Internal Control and ensure compliance with all Group Policies and Procedures.
• Prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products.
• Revise the budgets and close follow up on collections, payables, stock, sales and net margin challenge assumption and propose revisions.
• Drive month end closing by analyzing trial balances, researching general ledger activity and variances to budget and prior year.
• Develop and improve processes related to expenditure, appropriate financial methods to better evaluate and measure performance.
• Provide analytical support as required to various cross-function initiatives and ad hoc projects (e.g. preparing business plans, study of the cash flow and P&L).
• Instigate and participate in all process improvement initiatives related to the Business Unit.
• Participate in relevant projects and community activities as and when needed.

Eligibility Requirements

The eligibility requirements for the role of Analyst FP&A are as under:

• Bachelor’s degree in relevant field.
• At least 3 years of finance experience.
• Experience within the fashion/luxury or retail industry.

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