Financial Analyst

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BFL Group
United Arab Emirates
AED 50,000 - 200,000
Be among the first applicants.
2 days ago
Job description

BFL Group is one of the world's leading off-price retailers of fashion and homeware. With headquarters based in United Arab Emirates, we serve over markets across the region and in Europe.

Our goal is to delight customers and entice them back with the promise of exceptional pieces that excite all at up to 80% off the original retail price for fashion designer brands. Our unique Treasure Hunt model ensures there is always something new to explore, desire and discover within our stores. Our customers walk out with new items every time they visit any of our stores.

Responsibilities:

  • Consolidate and analyze financial data (budgets, income statement forecasts etc) taking into account company's goals and financial standing.
  • Prepare and analyze Profit & Loss Statements and other financial reports for discrepancies and variances.
  • Provide creative alternatives and recommendations to reduce costs and improve financial performance.
  • Assemble and summarize data to structure sophisticated reports on financial status and risks.
  • Develop financial models, conduct benchmarking and process analysis.
  • Conduct business studies on past, future and comparative performance and develop forecast models.
  • Identify trends, advise company and recommend actions to a senior financial analyst based on sound analysis.
  • Track and determine financial status by analyzing actual results in comparison with forecasts.
  • Reconcile transactions by comparing and correcting data.
  • Gain and update job knowledge to remain informed about novelty in the field.
  • Consult with management to guide and influence long term and strategic decision making within the broadest scope.
  • Drive process improvement and policy development initiatives that impact the function.

Requirements:

  • Proven working experience as a Finance Analyst.
  • Bachelor in Finance, Economics or related field.
  • Retail / Ecommerce industry exposure is a must.
  • Proven understanding of IFRS & US GAAP Financial Statements.
  • Ability to learn quickly in a fast-paced environment.
  • Proficient in spreadsheets, databases, MS Office and financial software applications.
  • Must be proactive with strong knowledge of financial analysis, budgeting, and strategic planning concepts.
  • Outstanding presentation, reporting and communication skills.
  • Proven knowledge of financial forecasting and diagnosis, corporate finance and information analysis.
  • Well informed in current financial subjects, accounting, tax laws, money market and business environments.

If you think you are fit for this job position, then apply right away. You are steps away from joining a Great Place to Work and we would love to meet you soon!

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