Manager - Finance- KSA

Role Overview

Manager - Finance for Apparel Group in KSA (Kingdom of Saudi Arabia).

Role Purpose

Work in conjunction with the Country Manager to drive annual business planning and budgeting for the R&B Division. Ensure budget targets are realistic, stretched, and reflect actual business potential. Monitor performance, track and report achievements, highlight variances, and advise leadership on preventive and corrective actions.

Key Responsibilities

Financial Planning & Analysis

• Prepare financial statements and management information systems on a monthly basis for stakeholders.
• Conduct financial analysis of profit and loss statements and present findings to management.
• Undertake decision-support analyses to facilitate business decisions including new stores, new brands, new countries, store refurbishments, and closures or exit options.
• Develop business plans and budgets and present them for R&B Stores.
• Monitor profitability of new and established stores and track ongoing performance.

Profitability & Viability Assessment

• Conduct feasibility studies for new stores and current stores to assess profitability.
• Perform breakeven analysis for loss-making stores to inform business decisions.
• Analyze stock reports.

Reporting & Governance

• Present profit and loss statements to management.
• Serve as the point of contact for all business affairs.
• Monitor ongoing performance to track and report achievements, highlight variances, and advise the Business Head and Country Manager on various preventive measures, corrective actions, and reinforcements as required.

Operations & Asset Management

• Authorize movement of small wares and equipment in warehouses.