Financial Analyst Job in Dubai, United Arab Emirates

Position Overview
The Financial Analyst will assist the Finance Manager with Month-end Closing, Reporting, and Budgeting/Forecasting tasks. Key responsibilities include conducting feasibility analyses for new store openings and preparing investment proposal presentations. The analyst will collaborate with various departments to enhance decision-making and work with the Retail Division and Group Shared Services on all accounting, reporting, and accounts payable/receivable matters.

Key Responsibilities
Financial Controlling

• Lead the month-end closing process.
• Collaborate with Finance Shared Services Teams (R2R, I2P, FA, APSSC, O2C) to ensure accurate posting of all accounting transactions and journal vouchers.
• Ensure timely booking and payment of Trade and Non-Trade Invoices.
• Verify the adequacy of all provisions at month-end and year-end.
• Reporting, Budgeting & Forecasting
• Prepare and distribute weekly Trade Packs, monthly Store P&L statements, and other ad hoc reports as needed.
• Assist the Finance Manager with the annual Budget, quarterly Forecasts, and medium to long-term planning.
  New Store Feasibility
• Assess new investment proposals using metrics such as NPV, IRR, and Payback Period, while considering qualitative factors like market adjacencies.
• Create presentation packs for new store feasibility and handle system submissions post-approval.
• Collaborate with the Retail Division’s Leasing and Store Development Teams regarding rental offers, project status, and other requirements.
  Business Analysis
• Conduct in-depth financial analyses, including revenue and margin assessments by Category and Brand.
• Monitor P&L line items closely, partnering with relevant functions to address budget variances.
• Assist in preparing the Flash P&L prior to month-end, providing realistic estimates to inform management of expected performance.
  Cross-Functional Collaboration
• Work closely with cross-functional teams such as Operations, Commercial, Logistics, Digital, Marketing, and HR to facilitate financial planning and analysis.
• Coordinate with Division BP&A and Controlling, along with Group Shared Service functions, on all reporting and accounting transactions.
  Required Skills for Success
• Strong financial analytical skills.
• Proficient in Microsoft Excel.
• Excellent communication and presentation skills, with the ability to simplify complex financial information.
• Familiarity with SAP ERP systems is preferred.
• Detail-oriented with strong organizational and multitasking capabilities.
  Qualifications and Skills
  Educational Background
• Bachelor’s degree in Finance and/or Accounting; professional certification (e.g., CA, ACCA, CPA, CMA) is preferred.
  Professional Experience
• A minimum of 3 years in financial analysis, ideally within the retail sector.
  Behavioral Competencies
• Industry Knowledge: Familiarity with the beauty retail industry.
• Strategic Insight: Ability to deliver strategic insights that support long-term business planning.
• Collaboration: Strong interpersonal skills, enabling effective teamwork across various functions.
• Commercial Acumen: Knowledge of retail financial metrics and the ability to enhance business performance through financial insights.