AF22502 - Finance Executive | Toys R Us | Regional Office, Dubai

Department: Toys R Us
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 27-Mar-2016
Al-Futtaim

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

Retail

The foundation of Al-Futtaim’s retail network was established in the early 1990s with the launch of the internationally renowned and popular IKEA, Marks & Spencer, Toys R Us and ACE franchises in the UAE.

Representing some of the world’s most popular international brands, Al-Futtaim’s retail network extends throughout the UAE, GCC and North Africa and has a significant presence in Singapore and Malaysia following the acquisition of The Robinson Group in 2008.

In 2012, Al-Futtaim acquired a shareholding in Royal Sporting House, which is active in distribution, direct retail stores and shop-in-shops. The Singapore-based fashion, sports and lifestyle retail giant has 600 stores and many additional points of sale are spread around the world with over 399 in South East Asia, over 74 in the Middle East and over 126 in the South Pacific region.

  • 837 stores in 18 countries
  • Occupies 5.6 million sq. ft. of retail space
  • 13,000 employees
  • Serves 30 million customers each year

Toys R Us

Toys “R” Us is the largest specialty toy store in the world. Launched by the Al-Futtaim Group in Dubai in 1995, Toys “R” Us now exist in twelve locations in the Gulf market and has emerged as undisputed market leader for all children related products.

The stores offer an unrivalled range of toys, games, sporting goods, electronics, software, baby products, children’s apparel and juvenile furniture all under one roof.

About the Job:

We are seeking to hire a Finance Executive for our Toys "R" Us business based in regional office in Dubai. In this role you will be responsible for supporting and managing the business analysis; controlling requirements of the company; suggesting implementation measures to monitor and control cost drivers and income streams; developing and distributing operational analysis models and controlling charts to be used by the business for the improvement and ongoing development of the business.

You will be responsible for preparing monthly finance reviews including trend of operations, providing support on financial planning & analysis, assisting with preparation of budgets, forecasts and analysis of income, Cost of Goods Sold (COGS) and Operational Expenditure (OPEX). You will also prepare and distribute weekly and monthly operational control charts and reports as well as monitor and present trends for capital employed, fixed assets, prepayments, accruals and accounts receivables. You will define and monitor key drivers and Key Performance Indicators as well as assist with the development of a suit of KPIs to be used by the operational location to measure overall efficiency and identify areas of improvement

You will collaborate with internal and external Auditors as and when required and assist the Finance Manager and Senior Commercial Manager in the smooth functioning of finance tasks within the assigned Business Unit.

About You:

To be successful in winning this role, you will have a tertiary Diploma in Business, Finance, Economics, Accounting or related field. You will have a minimum of 2 years experience in Finance. You will have excellent English communication skills and good interpersonal skills. You will have good analytical and financial modelling skills and be KPI driven and customer focused. You will have excellent command over MS Excel. SAP knowledge would be an advantage.

Note: you will be required to attach the following: 1. Resume/CV
 
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.