Assistant Finance Manager - Retail
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Key skills for this role
About the Role
Our client is seeking an experienced Assistant Finance Manager to support the CFO and oversee finance operations across its UAE retail network.
Key Skills for This Role
Full Job Posting
Overview
Our client is seeking an experienced
Assistant Finance Manager
to support the CFO and oversee finance operations across its UAE retail network.
The successful candidate will be responsible for branch finance management, financial controls, cash flow oversight, inventory governance, profitability analysis, and financial reporting.
This role requires a finance professional with strong retail finance experience, leadership capabilities, and a solid understanding of financial planning, reporting, and inventory management.
Financial Accounting & Bookkeeping
Manage end-to-end accounting and bookkeeping activities.
Maintain general ledger, journal entries, and account reconciliations.
Ensure timely and accurate recording of financial transactions.
Branch Finance Management
Lead and supervise finance teams across multiple retail locations.
Oversee daily sales reconciliation, cash management, payments, and month-end closing activities.
Review branch P&Ls, analyze variances, and recommend corrective actions.
Ensure compliance with finance policies, procedures, and internal controls.
Profitability & Performance Analysis
Monitor store profitability, gross margins, operating expenses, shrinkage, and stock ageing.
Prepare store-wise and category-wise performance reports.
Collaborate with Operations and Commercial teams to improve margins and business performance.
Cash Flow & Working Capital Management
Manage inventory, payables, receivables, accruals, provisions, and intercompany balances.
Monitor branch cash flows, deposits, and payment cycles.
Drive working capital improvements and optimize stock holding levels.
Inventory Control
Lead centralized inventory control processes.
Oversee GRN/PO matching, stock accuracy reviews, variance investigations, and shrinkage reporting.
Support initiatives to reduce aged and slow-moving inventory.
Financial Reporting & Compliance
Prepare monthly financial statements, management reports, and performance dashboards.
Support internal and external audit activities.
Ensure compliance with IFRS, company policies, and internal control requirements.
Requirements
4–5 years of relevant finance experience, preferably within
Retail or FMCG
.
CA Intermediate, CA, CPA, ACCA, or equivalent qualification preferred.
Prior experience with Big 4 firms is a plus.
Strong ERP knowledge;
SAP experience is highly preferred
.
Experience managing finance teams and multi-location operations.
Strong analytical, reporting, and problem-solving skills.
Excellent communication and stakeholder management abilities.
Exposure to finance transformation and process improvement initiatives is advantageous.
Key Competencies
Leadership and team management.
Retail finance and inventory management expertise.
Strong commercial and business acumen.
High attention to detail and accuracy.
Ability to work cross-functionally with Operations, Commercial, Supply Chain, and IT teams
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