Job Summary: The Financial Analyst - Joint Ventures is responsible for ongoing business and financial analysis, follow-up of the group’s business activities (distribution, retail and services), participate in value-added studies for the group, develop procedures. In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility
Key Duties and Responsibilities:
Finance activities and coordination
Provide linkage across the different divisions and business units and work closely with operational sales and marketing/division managers and develop excellent knowledge of the business units’ operating environments including market size, industry trends, competitors, brands, margins, retail outlets as well as advertising spend etc.
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.
Measure, plan and forecast Marketing activities and implications to income statement and balance sheet.
Prepare the Monthly Tableau de Bord (TDB), the Budget and the revised Budget TDB from individual company TDBs.
Prepare analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management.
Revise the budgets and close follow up on: collections, payables, stock, sales and net margin.
Monitor the cost structure of the companies’ business units and prepare business profitability analysis.
Arrange, observe and control the P&L, balance sheet and Interest rate parity (IRP) and recommend action.
Assemble spreadsheets and draw charts and graphs used to illustrate technical reports.
Build and manage a comprehensive KPI’s model (Financial & Business) in line with Company’s objectives and captures all relevant info needed to manage the business.
Run a GAP analysis to maintain financial standards as budgeted and process revisions.
Prepare operating budgets based on previous figures or estimated revenue and expense reports.
Review actual’s against the budget performances and prepare reports explaining budgets deviations.
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.
Take the data generated by the Accounting Department (input) and transform it into meaningful management information.
Analyze and follow-up of all management and financial indicators.
Provide analytical support to various treasury or cross-function initiatives and ad hoc projects.
Participate in new projects by processing simulations for new joint ventures and preparing business plans, study of the cash flow and P&L.
Participate in all finance projects relating to the companies’ business units.
Assist in Business Development by bringing financial expertise.
Prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products.
Qualifications, Skills and Experience:
The applicant should have relevant skills and qualifications
Chalhoub Group is the leading partner for luxury across the Middle East and an expert in retail, distribution and communication. With a growing workforce of more than 12,000 people, and a network of over 650 retail stores, the Group's success is attributed to its highly skilled and dedicated teams.