Financial Analyst

Role Summary

The incumbent will be responsible for developing and implementation of robust processes aligned to both legislative and company requirements and ensuring that the finance team 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.

Key Success Drivers including Accountabilities and Responsibilities

Core Responsibilities:

1. Development experience in financial dashboards in the Power BI & enhancement on existing Dashboards on need basis.

2. Responsible for the Daily Financial and management reporting for Sports Division.

3. Developed monthly Business Review Deck that enables in identifying dark areas and allocating resources accordingly, this includes:

- o 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

4. Commercial analysis on rentals savings for lease renewals/contracts of non-performing stores and financial based conclusion on proposed action plans.

5. Developed Investment appraisal model basis capital budgeting methods such as NPV, IRR, Payback Period and Capital Intensity ratio helps in business expansion analysis

6. Supporting in Annual Budgeting/Quarterly forecasting and drafted standalone and consolidating model, analyzing and validating inputs provided by Business Teams.

7. Preform monthly closing activities analysis, this includes:

o Researching general ledger activity and variances to budget and prior year

o Monitor the cost structure of business unit and its departments.

o Liaising with internal departments, including Retails Operations, Buying & Planning, Marketing, Accounting and Payroll.

o Tracking the capex spend vs budget for all major projects and subsequent preparation of capex pack on monthly basis.

o Review of provisions, accruals and Credit Notes

Technical skill required:

Advanced MS Excel with Power query

Power BI proficiency

ERP tool

Financial modelling & Analysis

Educational Qualifications

Bachelor's/Master's in Accounting or Finance

Experience

At least 6 years of overall experience in Finance with at least 3-5 years experience preferably in retail industry in financial planning and analysis or commercial finance

Certifications

CA/CIMA/ACCA holder (or pursuing)