Finance Manager - Jeddah, المملكة العربية السعودية - Talent Pal

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    For over six decades ChalhoubGroup has been a partner and creator of luxury experiences in theMiddle East. The Group in its endeavour to excel as a hybridretailer has reinforced its distribution and marketing serviceswith a portfolio of eight owned brands and over 300 internationalbrands in the luxury beauty fashion and art de vivre categories.More recently the Group expanded its expertise into new categoriesof luxury watches jewellery and eyewear.

    Everystep at Chalhoub Group is taken with the customer at heart. Be itconstantly reinventing itself or focusing on innovation to provideluxury experiences at over 750 experiential retail stores onlineand through mobile apps each touch point leads to delighting thecustomer.

    Today Chalhoub Group stands for14000 skilled and talented professionals across seven countrieswhose cohesive efforts have resulted in the Group being rankedthird in the Middle East and first in Saudi Arabia as a Great Placeto Work.

    To keep the innovation journey goingthe Group has set up The Greenhouse which is not just an innovationhub but also an incubator space and accelerator for startups andsmall businesses in the region and internationally. This is justone of the several initiatives taken by the Group to reinventitself catalysed by forward thinking and futureproofing. The Grouphas also been embedding sustainability at the core of its businessstrategy with a clear commitment towards people partners and theplanet and by being a member of the United Nations Global CompactCommunity and signatory of the Womens EmpowermentPrinciples.

    What youll bedoing


    Chalhoub is the leadingpartner for luxury in the Middle East. The group is looking torecruit the leader of the finance The Visitor business based out ofJeddah Kingdom of Saudi Arabia. The division is responsible todrive sustainable and profitable longterm growth in ChalhoubsTravel retail business

    We offer afastpaced environment with high level of exposure and opportunitiesfor growth. The role will be the copilot of theCommercial Director of the Visitor Operation.


    • Financial Analysis andBenchmarking
    • Deploy Cost Structurein depth review for each Operation and benchmark against bestpractices in retail & distribution.
    • Full indepth Payroll (together with the InfrastructureHead) & Overheads review (Rentals legal contracts officeexpenses logistic contracts warehouses etc.)
    • Planning Forecasting &Budgeting
    • Develop &Consolidate Financial Statements Budget (P&LBalance Sheet & Cash Flow)
    • Trackperformance in the Monthly Business Review (Including P&Lperformance DSO Receivables Stock aging receivables productivityKPIs)
    • FinancialReporting
    • Support the development ofInvestments P&Ls and monthly cash flows. (EBITDA by brandworking capital requirements).
    • Beable to automate dashboard on financial performance in Looker/Power BI
    • Negotiation& DecisionMaking Business Partner
    • Support Financial Analysis Pricing Analysis andcontractual negotiations with key Brands.
    • Governance
    • Beable to lead the relationship with Auditors and ensure a high levelof compliance and protection of the group Assets.
    • Commentator.
    • Tellthe story in numbers. Be able to develop the Investment Thesis forThe Visitor. Identification of avenues of growth and efficiencyopportunity. Track performance against agreed business plan withExcom.
    • Corporate Finance Modelling inParticipation in new tenders.
    • TeamCoordination & Knowledge Sharing
    • Team Management. Be a successful linkbetween Chalhoub Managed Companies brands & Joint Ventureswith the Visitor Operations. Be a key representative with Chalhoubbrand finance leaders and operations teams.

    What youll need to succeed

    • SaudiNational
    • FinanciallyCertified (ACCA CPA CFA).
    • Masters in Corporate Finance or an MBAfrom a Top Tier International University would be aplus.
    • 7 10 years of WorkingExperience in leading multinational or regionalorganization.
    • Highly analytical anddetailed oriented. A business case will pursue.
    • Proven ability to work successfully in anambiguous environment.
    • Capability to meet tight deadlines andprioritize workload.
    • BigFour Background in Transaction &Advisory Services Commercial FinanceExperience in a BlueChip Multinational in FMCG or BeautyFashion is a must.
    • StrongCommunication Skills. Experience with C Level Consultants& Commercial Directors.
    • Thecandidate needs to be preferably based already in KSA.However he/she should be willing to be operative by February2024.

    What we can offeryou

    With us you will turn youraspirations into reality. We will help shape your journey throughenriching experiences learning and development opportunities andexposure to different assignments within your role or throughinternal mobility. Our Group offers diverse career paths for thosewho are extraordinary every day.

    We recognisethe value that you bring and we strive to provide a competitivebenefits package which includes health care child educationcontribution remote and flexible working policies as well asexclusive employee discounts.

    WeInvite All Applicants to Apply

    ItTakes Diversity Of Thought Culture Background Differing Abilitiesand Perspectives to truly Inspire Exhilarate and Delight ourcustomers. At Chalhoub Group we are committed to inclusion anddiversity.

    We welcome all applicants to applyand be part of our exciting future. We ensure equal opportunity forall our applicants without regard to gender age race religionnational origin or disabilitystatus.

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