Who we are:
GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties and logistics sectors. Under the ownership and management of the Baker family for over 45 years, GMG is a valued partner of choice for the world’s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands across 12 countries. These include notable home-grown brands such as Sun & Sand Sports, Dropkick, Supercare Pharmacy, Farm Fresh, Klassic, and international brands like Nike, Columbia, Converse, Timberland, Vans, Mama Sita’s, and McCain.

JOB SUMMARY:

• The successful candidate will be responsible for developing and implementation of robust processes aligned to both legislative and company requirements and ensuring that the Sports Finance function delivers a timely and accurate reports. Manage all accounting activities include P&L & B/S reviews to support the business by implementing and maintaining a partnership approach with each function.
  Accountabilities:

EDUCATIONAL QUALIFICATIONS AND CERTIFICATES:

• CA/CIMA/ACCA holder (or pursuing) or
• Tertiary qualifications in accounting or finance
  Experience:
  3 - 5 years’ experience preferably in retail industry in financial planning and analysis or commercial finance.

• Development experience in financial dashboards in the Power BI & enhancement on existing Dashboards on need basis.
• Responsible for the Daily Financial and management reporting for Sports Division.
• Developed monthly Business Review Deck that enables in identifying dark areas and allocating resources accordingly, this includes- Sales comments, Sales bridges analyzing on Retail KPIs, P&L Comments, price volume analysis to generate awareness of financial performance of the business with Operations and Business unit leadership team.
• Commercial analysis on rentals savings for lease renewals/contracts of non-performing stores and financial based conclusion on proposed action plans.
• Developed Investment appraisal model basis capital budgeting methods such as NPV, IRR, Payback Period and Capital Intensity ratio helps in business expansion analysis
• Supporting in Annual Budgeting/Quarterly forecasting and drafted standalone and consolidating model, analyzing and validating inputs provided by Business Teams.
• Preform monthly closing activities analysis, this includes: -
• Researching general ledger activity and variances to budget and prior year
• Monitor the cost structure of business unit and its departments.
• Liaising with internal departments, including Retails Operations, Buying & Planning, Marketing, Accounting and Payroll.
• Tracking the capex spend vs budget for all major projects and subsequent preparation of capex pack on monthly basis.
• Review of provisions, accruals and Credit Notes