Apparel Group Looking for Manager – Finance – 6th street at Bahrain ,  Saudi Arabia Full Time

JOB DESCRIPTION
Position Objective: – Works in conjunction with the Business Head and Finance Manager to drive the annual Business planning/ budgeting process for F&B Division. Ensures that the targets set within the Budgets are realistic, stretched, and reflect actual business potentials
– Monitors on-going performance to track and report achievements. Highlights variances and advises Business Head on various preventive measures and corrective actions and reinforcements, if required.
– Undertakes decision
-support analyses to facilitate various business decisions i.e. new stores new brands new countries store refurbishments closures/ exit options any other.
Key Responsibilities:
– Preparation of Financial statements/MIS on 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 access profitability
– Business plans & Budgets presentation for F&B division
– Responsible for Import payments which constitutes purchasing of food, non-food & equipment’s
– Keeping the track on profitability of the new age stores
– Presenting P&L’s to principals and being the point of contact for all business affairs
– Breakeven Analysis for loss making stores to attain business call
– Keeping the track & authorizing all the expenses related to Trade licenses and Rent elements in F&B division
– Stock reports analysis. Authorizing any movement of small wares & equipment’s in warehouses
– Ad-hoc reports preparation based on customized requirements which is the key in dynamics of F&B