Majid Al Futtaim UAE Jobs – Finance Director

Job Description:

The role of the Director of Finance is to provide t o provide continuous leadership in the financial area for the food and beverage business of leisure entertainment and cinemas. This role also is responsible for providing management with guidance and training whilst also focusing on the profitability of the businesses, maintaining accurate and timely financial reporting ensuring acceptable levels of internal control, ensuring compliance with all regulations and policies and procedures and by safeguarding company assets.

Job Responsibilities:

• Leads budgeting, financial planning, forecasting, and reporting the Leisure, Entertainment & Cinema businesses
• Drives strong compliance standards – ensure strong ethics, integrity and credibility within the Food and Beverage group
• Leads and analyzes financial market mapping for assessing viability of new brands
• Establishes accurate forecasting processes that enable the formulation of informed strategies and direction by departmental leadership
• Ensures compliance with all contracts, legal agreements, and the proper execution of all operational taxes
• Analyzes financial data and operations to advise management and to assist in achieving and maintaining the division’s financial objectives
• Leads financial analysis to assist management in the evaluation of the profitability of income streams as well as the potential for cost efficiencies
• Monitors revenues/expenses across the food and beverage portfolio and ensures the accurate recording as per established guidelines
• Investigates and critiques variances to plan or to prior year and offer practical improvement methodologies to management
• Custodian of budget, feasibility studies and channel financial risk management
• Identifies opportunities to optimize performance and implement performance measures to reach financial goals
• Conducts risks management and continuously reviews all finance policies and internal control procedures, effecting necessary changes where needed
• Develops and leads weekly/monthly/annual/ financial planning processes for the food and beverage business to establish a department-wide corporate budget that is subsequently approved by the CFO and CEO of Leisure, Entertainment & Cinemas
• Coordinates, analyzes, and reports the financial performance to CFO and CEO of Leisure, Entertainment and Cinemas (financial performance, projections and other special projects as required)
• Stays up to date with market trends that are relevant for the industry as well as any finance/accounting changes that would impact the business from an accounting or commercial standpoint

Job Requirements:

• Preferably educated to professional level, preferably CA, MBA – Finance
• CPA, ACA/ACCA certification is a must
• Ability to influence a cross-functional team and senior business leadership as well as stakeholders in a unified direction and with a common vision
• Highly effective in handling multiple projects and meeting tight deadlines, be results and detail oriented
• Possess exceptionally good problem-solving skills and have an ability to remain calm and composed during times of uncertainty and stress
• Minimum of 12+ years of working experience in a corporate finance position within a fast-moving and dynamic business environment, preferably in a senior corporate finance management position
• At least 5 years in a Head of Finance, Financial Controller role overseeing various financial verticals

Job Details:

Company: Majid Al Futtaim

Vacancy Type:  Full Time

Job Location: Dubai, Dubai, United Arab Emirates

Application Deadline: N/A

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