Country Finance Manager

Job Description : COUNTRY FINANCE MANAGER UAE Golden Bee LLC. is an affiliate of Jollibee Group of Companies which operates the Jollibee Outlets in UAE. JOB SUMMARY: As a key member of the Country Leadership Team, the Country Finance Manager works with the leaders in driving the strategic directions of the business by providing financial advisory services; ensuring that effective business controls and planning processes are in place to manage risk; evaluating the performance of the business and recommending strategies for growth or cost efficiencies; and raising the level of financial awareness in the organization.. KEY RESULT AREAS: Controllership Accounting: · Review the Management Reports; ensure its accuracy and timely submission to Country and Philippine Management. · Review the Balance Sheet and Nominal Account analysis and ensure the timely disposition on reconciling items or errors. · Comply with the International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) of the country. · Efficiently manage the Accounting team and provide guidance to Store and Main Office employees to ensure compliance and understanding of role, policies, systems and procedures. Financial Policy Compliance and Development · Conducts regular financial audit for all stores and support units and key employees handling company funds and assets. · Reviews and recommends enhancement/improvement of the internal financial policies and procedures including store level cash control procedures and support group financial policies. · Creates financial policies internal to the organization to manage risk and optimize financial controls. Budget Management: · Creates financial policies internal to the organization to manage risk and optimize financial controls. · Monitors and analyzes monthly budget spending, company operations costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans. · Conduct reviews and evaluations for cost-reduction opportunities for the entire organization Financial Advisory Services · Interprets business financial reports and provides insights to facilitate strategic decision-making. · Monitors and interprets cash flows and reports future trends, and proposes dividend payouts and payments of outstanding payables, if any. · Evaluates store financial viability and recommends to the management a sound or appropriate business decision. · Participates in ad-hoc functional teams involving Operations, and the Support Group. · Implements the most efficient tax payment application and ensures that all tax payments are valid, accurate and timely. Business Planning · Participates in meetings for strategic decision-making, including the setting of long-term goals, development of organizational and financial strategies, and decisions regarding programs that affect the organization. · Spearheads the preparation of the Annual Operating and Capital Budgets for the business, including Sales, Profit & Loss, Store Expansion/Closure Plans. Also in charge of budget review and finalization for each support unit or departments. · Checks budget guidelines and reports. Disseminates to the concerned store or department including budget adjustment or changes. Financial Information Management · Monitors and analyzes sales and profit performance of the country/market and projects business outlook and presents to the Country Head for comments/approval every month. · Reviews all business reports from organization including but not limited to Sales Reports, Profit & Loss Statements, Admin Expense Reports, CAPEX reports, OPEX Reports etc. · Tracks profitability and Return on Invested Capital (ROIC) of stores. · Manage general ledger and cash management processes. · Maintains confidential database such as store/market/country sales, profits and other expense related activities or items. QUALIFICATIONS: · With a Bachelor's Degree in Business Management, Engineering or Accounting. · Has at least Eight (8) years experience in Finance, Accounting, Corporate Planning and/or Audit preferably in a Restaurant/Food Service or Retail industry. At least 3 years in a managerial capacity. · Has the ability to interface professionally across all levels of company and support group management. · Able to deliver in a timely and effective manner in an environment of constant change, conflicting priorities and demands from different groups. · With good written and oral communication skills · Knowledgeable in MS Office

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