Senior Analyst

Alshaya; Kuwait City; On-site; KWD 12,000 - 24,000; Full time

Job summary

M.H. Alshaya, a leading international retailer, seeks a Senior Analyst to lead planning, budgeting, forecasting and reporting for the total retail business. You will develop the strategic business plan and monitor performance to optimise profitability.

The role involves modelling financial data, producing standard and customised reports, and advising senior management on critical decisions. Collaboration with brand, store operations and support functions is essential.

Qualifications

• Degree with recognised accounting qualification.
• 5 years' accounting within retail or similar business.
• PC literate.

Responsibilities

• Model and provide current, previous and forecasted financial data to support planning and trading optimisations.
• Review plans for financial sense and guide the approval cycle.
• Compare budget vs actual performance each period.
• Re-forecast profits with FC to enable quick decisions.
• Produce standard and customised financial reports timely and accurately.
• Brief management on report usage to identify KPIs and drive corrective actions.
• Analyze capex, brand, store and country profitability and costs.
• Provide commentary to support key decisions and independent financial advice.
• Illustrate trends affecting profitability.

Skills

Financial analysis

Forecasting

Budgeting

Modelling

Education

Accounting degree

Tools

Excel

ERP systems

Job description

We source experienced candidates to lead best practice across all head office functions including property, HR, corporate communication, corporate marketing, IT, finance and legal departments and are constantly investing in talent and infrastructure to drive our business forward.

As a Senior Analyst you will advise and assist in the planning, budgeting, forecasting, analysis, modelling and reporting of the total retail business.آ You will also assist in the development of the strategic business plan, monitor ongoing performance and business profitability and optimise ongoing business performance.

Specific responsibilities include:

• Modelling and providing current, previous and forecasted financial information to assist and enable brand, operations and support function management to review performance and build business plans that optimise trading patterns.
• Independently and objectively reviewing plans for business sense (financial continuity, consistency and realism) providing guidance/direction throughout the approval cycle.
• Reviewing budget against actual trading performance every period.
• Re-forecasting profit expectations with the Group Financial Controller to enable the business to act quickly and appropriately.
• Ensuring theآ timely and accurate production of standard and customised financial reports for the business.
• Ensuring that brand, operations and support management are fully briefed on how reports should be used to identify critical success factors and focus corrective actions.
• Undertaking focused analysis on Capex/investment performance, brand, store and country profitability and ongoing costs reviews.
• Providing commentary to support critical business decisions and provide sound independent financial advice to senior management.
• Illustrating results, trends or conditions which impact profitability.

• Degree with recognised accounting qualification.
• 5 years' accounting within retail or similar business.
• PC literate.

About The Company

M.H. Alshaya is a leading international franchise operator for over 70 of the world’s most recognised retail brands including Mothercare, H&M, Debenhams, American Eagle Outfitters, Harvey Nichols, Boots, Starbucks, The Cheesecake Factory, Vision Express, M.A.C, Victoria’s Secret, Pottery Barn and Office Depot. The company operates more than 2,400 stores across 7 divisions: Fashion & Footwear, Food, Health & Beauty, Optics, Pharmacy, Home Furnishings and Office Supplies.

Alshaya’s stores can currently be found in 19 markets across the Middle East & North Africa, Russia, Turkey and Europe and it employs more than 32,000 people from over 110 nationalities.

The company has established itself as the industry leader across these territories through a combination of local market understanding and a comprehensive commitment to customer service. Growth in each of its operating divisions and brands is supported by continuous investment in talent and infrastructure. It applies best practices in retail operations, merchandising, marketing, information technology, logistics, real estate, human resources and financial controls.

M.H. Alshaya is the retail business of the Alshaya Group, which was founded in Kuwait in 1890 and today represents one of the most dynamic companies in the Middle East. In addition to its retail operations, the Alshaya Group is active in a number of other sectors including real estate, automotive, hotels, trading and investments.