Finance Executive

Finance Executive Jobs in Dubai, UAE

Role Purpose: 

Strategic planning, budgeting, forecasting, management reporting, business partnering, financial analysis, investments, feasibilities, automation & regional projects. Moreover, manage approvals, tracking, accounting and reconciliation of capital expenditure, fixed assets, and inventory.

Key Specific Accoutabilities:

Business / Financial Planning:
•    Support business or financial planning, including but not limited to strategic planning, budgeting, and quarterly forecasting in coordination with Group / Retail Finance and business stakeholders. Business / Finance planning process include guidelines, timelines, formats / templates, central inputs, analysis, consolidation, reviews, presentation, Anaplan upload, SAP & BPC validation etc.
•    Support fortnightly Cash forecasting in coordination with relevant stakeholders

Management Reporting & Financial Analysis:
•    Support in preparation, analysis, and circulation of daily, weekly, and monthly reports on business performance
•    Support in development of new reports and continuous improvement of existing reports
•    Support in testing, validation of management information / business intelligence reports
•    Support in variance analysis and corrective actions
•    Support in with adhoc financial information, analysis, and support for business functions and stores
•    Support in preparation of business or management review presentations

Business Partnering:
•    Participate, support, or lead initiatives / projects to drive business performance and efficiencies
•    Collaborate with and support business navigation community for performance improvements

Fixed Assets:
•    Plan, coordinate, procure approval for capital expenditure
•    Support Asset creation, capitalization, transfer, verification, and disposal of Fixed Assets
•    Provide samples, analysis, schedules, and information for internal and external audits

Inventory:
•    Support to manage inventory posting, reconciliations and alignment across systems
•    Provide samples, analysis, schedules, and information for internal and external audits

Business Development, Feasibility Studies, Investment Committee, Approvals:
•    Support Market Potential Development Projects, preparation of feasibility reports
•    Support business development initiatives / projects like gift cards, BNPL etc.
•    Plan and maintain tracker for pre-operative expenses

Person Specific: 

Minimum Qualifications & Knowledge: 
•    Commerce graduate with 3 years’ experience in above roles preferably in Retail
•    Advanced skills on MS Excel, PowerPoint, and accounting software (preferably ERP – SAP and Navision)
•    Desirable to have detailed know how of the IKEA concept and working methods
•    Planning, organizing, responsible, analytical, critical thinking and interpersonal skills

Job-Specific Skills:
•    Strong computer skills – including ERP knowledge (preferably SAP, Navision) and advanced MS-Excel
•    Good analytical and presentation skills
•    Excellent written and verbal communication skills
•    Financial modelling and problem-solving skills.

Behavioural Competencies:
Must have the ability to create an environment where the IKEA values are a strong and living reality that embraces the diversity of co-workers and visitors
•    Customer Focus
•    Individual Accountability
•    Continuous Improvement
•    Personal Leadership
•    Teamwork.