Financial Analyst | GMG
Company Name: GMG
Qualification: Masters and Bachelors Degree
Location: Dubai, United Arab Emirates
Salary Range: 8,000 AED – 10,000 AED
Company Size: 50 – 100 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties and logistics sectors. On a mission to inspire others to live well and win in ways that make the world better.
Job Description/Role
The successful candidate will be responsible for developing and implementation of robust processes aligned to both legislative and company requirements and ensuring that the Sports Finance function delivers a timely and accurate reports. Manage all accounting activities include P&L & B/S reviews to support the business by implementing and maintaining a partnership approach with each function.
Responsibilities
- Development experience in financial dashboards in the Power BI & enhancement on existing Dashboards on need basis.
- Responsible for the Daily Financial and management reporting for Sports Division.
- Developed monthly Business Review Deck that enables in identifying dark areas and allocating resources accordingly, this includes: –
Sales comments, Sales bridges analyzing on Retail KPIs, P&L Comments, price volume analysis to generate awareness of financial performance of the business with Operations and Business unit leadership team
- Commercial analysis on rentals savings for lease renewals/contracts of non-performing stores and financial based conclusion on proposed action plans.
- Developed Investment appraisal model basis capital budgeting methods such as NPV, IRR, Payback Period and Capital Intensity ratio helps in business expansion analysis
- Supporting in Annual Budgeting/Quarterly forecasting and drafted standalone and consolidating model, analyzing and validating inputs provided by Business Teams.
- Preform monthly closing activities analysis, this includes: –
Researching general ledger activity and variances to budget and prior year
Monitor the cost structure of business unit and its departments.
Liaising with internal departments, including Retails Operations, Buying & Planning, Marketing, Accounting and Payroll.
Tracking the capex spend vs budget for all major projects and subsequent preparation of capex pack on monthly basis.
Review of provisions, accruals and Credit Notes
Experience
3 – 5 years’ experience preferably in retail industry in financial planning and analysis or commercial finance