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