Finance Manager

Position objective

Works in conjunction with the country manager to drive the annual business planning and budgeting process for the R&B division. Ensures that the targets set within the budgets are realistic, stretched, and reflect actual business potentials.

Monitors ongoing performance to track and report achievements. Highlights variances and advises the business head on various preventive measures, corrective actions, and reinforcements if required.

Undertakes decision-support analyses to facilitate various business decisions, such as new stores, new brands, new countries, store refurbishments, closures or exit options, and others.

Key responsibilities

• Preparation of financial statements and MIS on a monthly basis for stakeholders
• Financial analysis of P&L and presenting it to management
• Feasibility study for new stores as well as current stores to assess profitability
• Business plans and budgets presentation for R&B stores
• Keeping track of profitability of the new age stores
• Presenting P&Ls to management and being the point of contact for all business affairs
• Breakeven analysis for loss-making stores to support business decisions
• Stock reports analysis and authorizing any movement of small wares and equipment in warehouses