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Wednesday, December 26, 2012

CFO - Majid Al Futtaim Finance - Dubai - United Arab Emirates

The portfolio of companies positioned under the MAF Ventures business division are:
• Leisure and Entertainment - a major provider of entertainment products and leisure services, such as Ski Dubai, the first indoor ski resort in the region, Magic Planet Family Entertainment Center & Bahrain Water Park;
• Fashion - a well established company that brings to the region some of the world’s most famous brands in the fashion industry such as Juicy Couture, Jane Norman, Lucky Jeans & others;
• Cinema - one of the world’s leading cinema chains;
• Dalkia - a world leader in integrated on-site energy and facilities management;
• Orix - Japan’s largest leasing and leading diversified financial services company;
• Finance - to exclusively issue NAJM credit cards in the Middle East and North Africa.
• Health Care - a primary and secondary care services.

Position Requirements
•    Heading the finance function including financial Control, business analytics, treasury, & admin function.
•    Manage credit, EW and prepaid cards P&L
•    Compliance to accounting policies and procedures for the finance & admin function.
•    Implementation of new ERP tool MS AX for GL, AR/AP, FA & Inventory
•    Presenting financial & non-financial material in BOD & SET meetings.
•    Responsible for dealing with banks for funding options
•    Responsible for creating more payment channels options for customers.
•    Dealing with Internal & External auditors during both interim and hard close audit and resolution of the Audit points and maintain good rating.
•    Managing Budgeting & Forecasting process – periodic forecast & budget process with variance analysis and presentation to the senior management.
•    Ensure compliance with Group accounting policies and DOA.
•    Provide thought leadership to other business like risk management, collections, marketing and sales on improving the profitability of the product.
•    Manage Central Bank periodic reporting and audits.
•    Manage appraisals and feedback process for direct reports.
•    Drive revenue enhancement & business transformation initiatives
•    Help roll-out of new products (credit, prepaid & EW)
•   Manage investment optimization process & implement scorecard to optimize returns to shareholders
•   Manage administration function – PO process, vendor selection & due diligence of selected vendors.

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