Assistant Manager - Home Box Concept

Budgeting, Cost Control & MIS § Assist in the formulation of the corporate strategy for the year and finalization of annual targets along with other functional heads to implement the strategic directions § Coordinate the setting up of sales projections and of purchase budgets based on projected sales for each shop in the territory and each department § Coordinate operational, seasonal, buying budgets with the various management teams, including financial projections and cash flow statements, and ensure that they are prepared and finalized § Analyse budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary § Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget for: o Retail productivity o Gross Margin and Net Margin for the Concept o Stocks and Sales § Conduct reviews and evaluations for cost-reduction opportunities § Deliver set standards of MIS reports for various departments, ensure timely preparation and presentation of periodic MIS and interpret data to suggest ways of cost optimization and store performance improvement § Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets § Coordinate with marketing for providing inputs on Margins, Mark Downs for promotions, campaigns and in-season activities like sales § Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures § Monitor Capital Expenditure plans for various territories Accounting and Audit § Ensure proper approval, authorization of all payments and ensure accuracy in timelines and accuracy in all payments § Develop and maintain systems for prompt and accurate collection of financial and accounting information § Supervise online accounting and ensuring accuracy of all transactions § Ensure scrutiny and timely payment to all suppliers and supplier accounts reconciliation § Ensure creditors accounting and the non – RNA company accounting is taken care of § Supervise timely and accurate internal audits and finalize Accounts for the Concept § Review and validate Payroll, Overtime payments and Incentives on time § Manage all staff requirements like Salary Certificate / PP / HRA Approval etc § Review and authorise banking transactions § Review and Authorize Petty cash / Medical / Leave Settlement vouchers § Review and approve Supplier payments Warehousing, Inventory and Logistics § Ensure optimal / economic stock holding § Negotiate and review arrangements with local purchase suppliers, non trading material suppliers § Supervise, control and authorize all purchases (local+ non Trading) § Help the corporate team in managing and overseeing in-bound and outbound logistics activity § Coordinate with the central warehouse for receiving, warehousing and delivery of product in a manner consistent with Concept service and cost objectives § Monitor freight forwarding by logistics partners § Ensure timely delivery of shipments to various territories along with Imports Department / RNA People Management § Manage the performance of the team – set annual performance goals, monitor performance and provide constructive feedback to improve performance. § Identify their training and development needs and ensure their fulfilment § Develop and mentor subordinates to move to the next higher level of job through career planning § Ensure compliance to Company policies and values Miscellaneous § Implement improvements in business processes as directed by Head - Finance § Represent the Concept in all financial matters with banks, auditors and other relevant parties § Train and educate the team members about errors/new developments § Ensure that all the Concept assets are safeguarded § Coordinate for Project execution (New Stores / Warehouse) requirements (if applicable) § Coordinate with the corporate legal team for any legal matter of the concept Qualifications Budgeting, Cost Control & MIS § Assist in the formulation of the corporate strategy for the year and finalization of annual targets along with other functional heads to implement the strategic directions § Coordinate the setting up of sales projections and of purchase budgets based on projected sales for each shop in the territory and each department § Coordinate operational, seasonal, buying budgets with the various management teams, including financial projections and cash flow statements, and ensure that they are prepared and finalized § Analyse budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary § Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget for: o Retail productivity o Gross Margin and Net Margin for the Concept o Stocks and Sales § Conduct reviews and evaluations for cost-reduction opportunities § Deliver set standards of MIS reports for various departments, ensure timely preparation and presentation of periodic MIS and interpret data to suggest ways of cost optimization and store performance improvement § Exercise necessary budgetary controls on all costs incurred by the Territories, ensuring that they comply with the drawn budgets § Coordinate with marketing for providing inputs on Margins, Mark Downs for promotions, campaigns and in-season activities like sales § Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures § Monitor Capital Expenditure plans for various territories Accounting and Audit § Ensure proper approval, authorization of all payments and ensure accuracy in timelines and accuracy in all payments § Develop and maintain systems for prompt and accurate collection of financial and accounting information § Supervise online accounting and ensuring accuracy of all transactions § Ensure scrutiny and timely payment to all suppliers and supplier accounts reconciliation § Ensure creditors accounting and the non – RNA company accounting is taken care of § Supervise timely and accurate internal audits and finalize Accounts for the Concept § Review and validate Payroll, Overtime payments and Incentives on time § Manage all staff requirements like Salary Certificate / PP / HRA Approval etc § Review and authorise banking transactions § Review and Authorize Petty cash / Medical / Leave Settlement vouchers § Review and approve Supplier payments Warehousing, Inventory and Logistics § Ensure optimal / economic stock holding § Negotiate and review arrangements with local purchase suppliers, non trading material suppliers § Supervise, control and authorize all purchases (local+ non Trading) § Help the corporate team in managing and overseeing in-bound and outbound logistics activity § Coordinate with the central warehouse for receiving, warehousing and delivery of product in a manner consistent with Concept service and cost objectives § Monitor freight forwarding by logistics partners § Ensure timely delivery of shipments to various territories along with Imports Department / RNA People Management § Manage the performance of the team – set annual performance goals, monitor performance and provide constructive feedback to improve performance. § Identify their training and development needs and ensure their fulfilment § Develop and mentor subordinates to move to the next higher level of job through career planning § Ensure compliance to Company policies and values Miscellaneous § Implement improvements in business processes as directed by Head - Finance § Represent the Concept in all financial matters with banks, auditors and other relevant parties § Train and educate the team members about errors/new developments § Ensure that all the Concept assets are safeguarded § Coordinate for Project execution (New Stores / Warehouse) requirements (if applicable) § Coordinate with the corporate legal team for any legal matter of the concept Primary Location: AE-AE-Dubai
Job: Finance
Organization: Home Box Concept
Schedule label /الجدول الزمني: Regular
Shift: Standard
Job Type: Full-time
Day Job
Job Posting/نشر تسمية الوظيفة: Apr 15, 2024, 7:54:41 AMThis job has been sourced from an external job board.
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