Chief Financial Officer - Must Be : Male - QAtar

The CFO is responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the Ecommerce and Digital objectives and provides stakeholders with relevant financial data for the decision making process. The role holder is also responsible for recommending areas of improvement in order to achieve Ecommerce & Digital targets.

Role Details - Key Responsibilities and Accountabilities: Budget and Cost Control

• Assist in monitoring allocated budget for the BU to ensure compliance and highlight possible issues
• Provide inputs on the preparation of budget when necessary
• Provide inputs on cost reduction measures for the store
• Build the specific ecommerce/digital KPIs
• Manage the monthly cost allocation per ecommerce store
• Risk Management and Insurance Coverage
• Ensure proper and adequate insurance coverage
• Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner

Internal Control and Audit

• Ensure alignment of procedures developed by the Finance function
• Guarantee that the fixed asset register is properly maintained
• Ensure that payroll is processed accurately and timely
• Control suppliers’ payment terms and consequences
• Monitor stock-check, sleeping stock, receiving controls and analyses shrinkage result
• Perform audits on ecommerce operations to minimize risks, prepare corrective actions and proposals for improvement
• Ensure the strict implementation of Internal Audit recommendations
• Review, develop and implement the digital strategy that supports the company’s corporate and business strategies
• Reporting
• Oversee the preparation of store performance analysis by Department/Section
• Prepare business presentations and reports for stakeholders periodically and ad hoc basis when required
• Provide summary of asset information to the management regularly
• Responsible for business analysis and modelling including:

• Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)
• Weekly forecast
• Annual budget
• Ecommerce turnover, TCM
• Cash flow

Human Capital Responsibilities

• Assist in implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management
• Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements
• Develop and implement on the job-training for the team
• Provide inputs for the development of annual manpower plan
• Ensure the implementation of MAF Retail’s corporate policies and relevant procedures
• Financial Responsibilities
• Ensure alignment of procedures in accordance with the Delegation of Authority (DOA)
• Assist in monitoring allocated budget to ensure compliance and highlight possible issues
• Provide inputs on the preparation of budget when necessary
• Provide inputs on cost reduction measures

Qualification, Experience & Skills: Minimum Qualifications/education

• Bachelor Degree in Finance, Business Administration or Commerce
• Minimum total experience 10 years
• A minimum of 5 years in a similar role, of which 2+ years in retail business
• Skills
• Strong analytical and technical skills in financial analysis and reporting
• Good project management skills
• Knowledge of MS Office, particularly modelling in Excel
• Accounting concepts and knowledge of IFRS
• Investment appraisal process and capital budgeting