Finance Manager

Job Description

1. Financial Planning \& Budgeting

• Develop and manage annual budgets for collections, marketing, retail stores, and e-commerce operations and other departments
• Forecast seasonal revenue based on past trends, pre-orders, and fashion cycles
• Allocate resources for design, production, and promotional campaigns

2. Cost Control \& Margin Management

• Monitor production costs (fabrics, trims, labor, logistics) to ensure target margins
• Analyze gross profit margins by product line, season, and sales channel
• Work with supply chain and design teams to optimize cost-efficiency

3. Sales \& Inventory Analysis

• Track sell-through rates, markdowns, and inventory turnover
• Analyze sales performance across wholesale, retail, and online platforms
• Assist in pricing strategy and discount planning based on financial impact

4. Financial Reporting \& Compliance

• Prepare accurate monthly, quarterly, and annual financial reports
• Ensure compliance with accounting standards and industry-specific tax rules (e.g., import/export duties)
• Report to brand executives or investors with clear financial KPIs

5. Cash Flow \& Working Capital Management

• Monitor cash flow from seasonal sales cycles and fashion shows
• Manage supplier payments, pre-orders, and collection advances
• Plan for financing needs during low-revenue off-seasons

6. Strategic Planning

• Provide insights for store expansion, market entry, or digital transformation
• Evaluate investment in new collections, collaborations, or brand extensions
• Support decision-making on marketing spend and ROI (e.g., influencer campaigns, fashion weeks)

7. Coordination with Cross-functional Teams

• Work closely with merchandising, production, and marketing departments
• Align financial goals with creative and operational timelines
• Ensure budget discipline across departments

8. Team Management

• Lead the finance team and oversee daily accounting operations
• Train staff on fashion-specific financial reporting and cost tracking
• Ensure timely reconciliation and closing processes

Qualifications:

• Master’s degree in Finance, Accounting or CA (Chartered Accountant) or ACCA (Association of Chartered Certified Accountants)
• Minimum 7-10 years of progressive experience in accounting/finance roles
• Minimum 5-7 years of managerial experience is required
• Experience in retail or fashion is highly valued
• Strong understanding of IFRS (International Financial Reporting Standards)
• Proficiency in ERP systems like Odoo, SAP, Oracle, Microsoft Dynamics, or QuickBooks
• Advanced Excel and financial modeling skills
• Knowledge of VAT laws in the UAE
• Budgeting, forecasting, financial analysis, and internal control expertise
• Familiarity with UAE tax laws, corporate governance, and free zone regulations
• Understanding of commercial laws and banking practices in the UAE
• Awareness of immigration \& local labor laws when managing teams
• Leadership and team management
• Strong communication and presentation skills (English is mandatory; Arabic is a plus)
• Ability to work in multicultural, fast-paced environments

Job Type: Full-time

Application Question(s):

• If selected, how quickly can you join us?

Education:

• Master's (Preferred)

Experience:

• Accounting: 7 years (Required)
• Managerial: 5 years (Preferred)

License/Certification:

• ACCA or CA certification (Preferred)

Work Location: In person