Finance Manager - F and B Business Planning

Apparel Group; Dubai; On-site; AED 360,000 - 600,000; Full time

Job summary

Apparel Group in Dubai, United Arab Emirates, is seeking a Finance Manager - F&B Business Planning to drive annual budgeting, financial planning and management reporting for the F&B division. You will partner with the Business Head and Senior Finance Manager to monitor performance, analyze variances, and deliver insightful reports and ad-hoc analyses to support strategic decisions.

Responsibilities include feasibility studies for new stores, break-even analysis, stock and asset reporting, and

Responsibilities

• Support the annual business planning and budgeting process for the division.
• Prepare and present business plans and budgets for the F and B division.
• Monitor actual performance against approved budgets and financial targets.
• Highlight significant variances and provide management with structured financial analysis.
• Analyze profit and loss statements and present findings to management.
• Prepare monthly financial statements and management information reports for stakeholders.
• Develop ad-hoc financial reports based on changing business requirements.
• Conduct feasibility studies for proposed and existing stores to assess profitability.
• Provide decision-support analysis for new stores, new brands, entry into new countries, store refurbishments, closures, exit options, and other business initiatives.
• Carry out break-even analysis for loss-making stores to support management decisions.
• Track the profitability of newer store formats and provide regular performance visibility.
• Present profit and loss results to brand principals and act as a point of contact for relevant business matters.
• Manage import-related payments associated with purchasing activities.
• Track and authorize expenses relating to trade licenses and rent within the brand.
• Maintain visibility over key expenditure areas and support appropriate financial controls.
• Analyze stock reports and provide financial insight into inventory performance.
• Review and authorize movements of smallwares and equipment within warehouses where required.
• Support management with reporting that connects stock activity, store performance, and overall profitability.
• Translate financial information into clear reports for business stakeholders.
• Provide customized analysis according to evolving management requirements.
• Support timely business decisions through accurate financial reporting and performance tracking.

Job description

Position Overview

Apparel Group is hiring a Finance Manager - F and B Business Planning in Dubai, United Arab Emirates to support financial planning, budgeting, management reporting, profitability analysis, and commercial decision-making for the F and B division.

Job Details

Country: United Arab Emirates

City: Dubai

Industry: Food and Beverages

Function: Financial Analysis-Research-Reporting

Salary: Not disclosed

Gender: No Preference

Candidate Nationality: Not specified

Job Type: Not specified

Position Objective

The role works closely with the Business Head and Senior Finance Manager to drive the annual business planning and budgeting process. It supports the development of targets that reflect the actual potential of the business while maintaining appropriate performance expectations. The position monitors ongoing results, reports achievements and variances, and provides analysis that helps the Business Head determine preventive measures, corrective actions, and other responses where required.

Business Planning and Financial Analysis

• Support the annual business planning and budgeting process for the division.
• Prepare and present business plans and budgets for the F and B division.
• Monitor actual performance against approved budgets and financial targets.
• Highlight significant variances and provide management with structured financial analysis.
• Analyze profit and loss statements and present findings to management.
• Prepare monthly financial statements and management information reports for stakeholders.
• Develop ad-hoc financial reports based on changing business requirements.

Commercial Decision Support

• Conduct feasibility studies for proposed and existing stores to assess profitability.
• Provide decision-support analysis for new stores, new brands, entry into new countries, store refurbishments, closures, exit options, and other business initiatives.
• Carry out break-even analysis for loss-making stores to support management decisions.
• Track the profitability of newer store formats and provide regular performance visibility.
• Present profit and loss results to brand principals and act as a point of contact for relevant business matters.

Payments and Expense Control

• Manage import-related payments associated with purchasing activities.
• Track and authorize expenses relating to trade licenses and rent within the brand.
• Maintain visibility over key expenditure areas and support appropriate financial controls.

Stock and Asset Reporting

• Analyze stock reports and provide financial insight into inventory performance.
• Review and authorize movements of smallwares and equipment within warehouses where required.
• Support management with reporting that connects stock activity, store performance, and overall profitability.

Management Reporting

• Translate financial information into clear reports for business stakeholders.
• Provide customized analysis according to evolving management requirements.
• Support timely business decisions through accurate financial reporting and performance tracking.