Manager - Financial Planning & Analysis (Head O

Chalhoub Group View all jobs

  • Jeddah, Makkah
  • Permanent
  • Full-time
  • 16 days ago
INSPIRE | EXHILARATE | DELIGHTFor over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. In its pursuit to excel as a hybrid luxury retailer, the Group has curated a portfolio of over 10 owned brands and strengthened its distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories.Every step at Chalhoub Group is taken to build a future where luxury dreams become reality - bridging cultures and crafting memorable experiences for our consumers. Be it by constantly reinventing itself, committing to innovation, or embracing new technologies, the Group is shaping the future of luxury retail. It delivers seamless omnichannel experiences across more than 950 stores, online platforms, and mobile apps. Driving this innovation journey is The Greenhouse - the Group's innovation hub, incubator, and accelerator for startups and emerging businesses, regionally and globally.Chalhoub Group fosters a people-at-heart culture rooted in diversity, equity, and inclusion, and a workplace catalysed by forward thinking and future-proofing. Today, it brings together over 16,000 talented professionals across eight countries in the Middle East, with a presence in LATAM. Their collective efforts have earned the Group the Great Place to Work® certification in several markets.Sustainability is at the core of the Group's strategy, guided by a clear commitment to people, partners, and the planet. Chalhoub Group is proud to be a member of the United Nations Global Compact, a signatory of the Women's Empowerment Principles, and to have pledged to reach Net Zero by 2040.What you'll be doingyou will be responsible for delivering accurate, timely, and insightful financial reporting, analysis, and support for the organization's shared services operations. The role involves partnering with shared services' leaders to ensure cost efficiency, process improvements, and compliance with financial policies while enabling informed decision-making. The role would also encompass KSA consolidated monthly and adhoc reporting.
  • Financial Analysis & Reporting:
Review of monthly trial balance, coordination with accounting team and ensure timely adjustments.Prepare, analyze, and present monthly management reports, variance analysis, and cost allocations for shared services functions (e.g., HR, IT, Admin, Legal, Logistics, etc.).Support annual budgeting, forecasting, and long-range planning cycles for shared services.Monitor actual spend against budgets, identify risks and opportunities, and provide actionable insights to management.Ensure accuracy and completeness of shared services cost allocation across business units.Ensuring that balance sheet items are reconciled and reflect true state of the businessReviewing all the recharges against rate card and activities
  • Business Partnering & Decision Support:
Act as a finance partner to shared service leaders by providing financial insights, KPIs, and recommendations to drive efficiency and value.Support evaluation of business cases for shared service investments, cost optimization initiatives, and outsourcing opportunities.Assist in tracking performance of service-level agreements (SLAs) and key cost drivers.
  • Working capital management:
Monitor customer accounts and coordinate with accounting team for timely reconciliation.Follow-up on aged customers, ensure reconciling items are resolved in a timely manner and receipts are timely allocated.Ensuring cash flow plan is followed and availability of funds to honor timely supplier payments.
  • Consolidated Reporting:
Design, develop, and maintain automated reports and dashboards and ensuring consistency among various dashboardsConsolidate and analyze financial and operational data to produce CMM, management reports, KPIs, and variance analysis.Ensure accuracy, consistency, and standardization of reporting across business units (Retail, Distribution, E-commerce, etc.).Identify opportunities to streamline reporting processes and improve data quality.Respond to ad hoc analysis and reporting requests from business leaders.What you'll need to succeedMaster/BA in Finance.5-7 years of managerial experince in Financial Planning and Analysis.Excellent analytical skills with demonstrated experience with financial statement analysis, financial metrics.Advanced knowledge of Microsoft Office, primarily Excel and Dashboard.Proven track record of demonstrating intellectual curiosity, problem solving, business acumen and enthusiasm.Excellent communication and organizational skills. Proven ability to collaborate across teams, functions and departments.Ability to work well with a team and also thrive independently.Attention to accuracy and detail requiredWhat we can offer youWith us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.We Invite All Applicants to ApplyIt Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.

Chalhoub Group