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Finance Manager

Chalhoub Group
Closing date
29 Feb 2024

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Job Details


For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.

Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.

Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work®.

To keep the innovation journey going, the Group has set up "The Greenhouse", which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally. This is just one of the several initiatives taken by the Group to reinvent itself, catalysed by forward thinking and future-proofing. The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women's Empowerment Principles.

What you'll be doing

- Oversee the operations of the Finance Department, provide expertise, encourage teamwork and facilitate related professional work processes to achieve high performance standards and staff pride in contribution.
- Monitor the budget vs actuals of the Chalhoub Group for all PL and BS metrics along with other financial and non-financial indicators, working cross-functionally with the verticals to understand "why" and "how", not just the "what" of variations.
- Lead the completion and aggregation of monthly management reporting to ExCom for the full Group highlighting key performance and finance indicators, variance versus Budget and defining and tracking corrective actions plans to be implemented by vertical leads.
- Lead and manage the overall budget and latest estimate process for the Group, recommending and implementing system and process improvements to ensure an efficient and effective process for all aspects of the Group.
- Ensure implementation of a robust and enhanced internal control environment. Review current processes and suggest and implement improvements working cross functionally with Vertical finance to ensure that it works for all areas and eases their pain points.
- Working with Data and Tech to ensure dashboards and data flows continue to provide accurate and complete information to all teams which can be used to gain insightful and actionable feedback to senior management.
- Coach and develop a team of finance members. Work with HR to ensure appropriate training programs are delivered to all members of the community and monitor key staff progress towards earning International Finance qualifications.
- Assign individual objectives for employee performance management purposes, manage performance, empower staff, and provide formal and informal feedback to support professional development and maximize performance.

What you'll need to succeed

- At least 8 years of experience
- A qualified MBA, ACCA, CA, ACA, CIMA or equivalents
- Experience in Luxury retail or FMCG Industries
- Strong management skills

What we can offer you

With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.

We Invite All Applicants to Apply

It Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.

We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.


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