Finance Manager

Inspire | Exhilarate | Delight

For over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. In its pursuit to excel as a hybrid luxury retailer, the Group has curated a portfolio of over 10 owned brands and strengthened its distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories.

Every step at Chalhoub Group is taken to build a future where luxury dreams become reality — bridging cultures and crafting memorable experiences for our consumers. Be it by constantly reinventing itself, committing to innovation, or embracing new technologies, the Group is shaping the future of luxury retail. It delivers seamless omnichannel experiences across more than 950 stores, online platforms, and mobile apps. Driving this innovation journey is The Greenhouse — the Group’s innovation hub, incubator, and accelerator for startups and emerging businesses, regionally and globally.

Chalhoub Group fosters a people-at-heart culture rooted in diversity, equity, and inclusion, and a workplace catalysed by forward thinking and future-proofing. Today, it brings together over 16,000 talented professionals across eight countries in the Middle East, with a presence in LATAM. Their collective efforts have earned the Group the Great Place to Work® certification in several markets.

Sustainability is at the core of the Group’s strategy, guided by a clear commitment to people, partners, and the planet. Chalhoub Group is proud to be a member of the United Nations Global Compact, a signatory of the Women’s Empowerment Principles, and to have pledged to reach Net Zero by 2040.

What you'll be doing

As a Manager Finance you are responsible for leading the Finance function of a defined Business Unit, analysing risks and guiding the business, to assist in measurement, planning and forecasting of activities and implications on income statement and balance sheet. You will hold the responsibility to develop, interpret and implement financial planning, budget, and control for the business unit.

Your responsibilities will include:

• Support operations in preparing P&L projects, analysis of financial viability of new investments and budget follow-up
• Organize internal and external reporting, make constructive proposals and act as an internal consultancy to Managing Director, Business units’ Managers and Group Finance Manager to monitor the business
• Evaluate business proposals with complete analysis of economic impact on business
• Analyse financial information to produce forecasts of business, industry and economic conditions for use in making decisions
• Assist in developing Financial Strategic Planning such as the 3-Y Plan
• Review purchase cycle and analyse the Cash Flow and stock position on regular basis to provide corrective actions if necessary
• Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management
• Follow up and control the capital expenditure budgets allocated to the business unit
• Monitor the cost structure of the companies’ business units and prepare business profitability analysis
• Arrange, observe and control the P&L, balance sheet and recommend actions
• Prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products
• Prepare the Monthly Tableau de Bord (TDB)
• Revise the budgets and close follow up on collections, payables, stock, sales and net margin - challenge assumptions and propose revisions
• Drive month end closing by analysing trial balances, researching general ledger activity and variances to budget and prior year
• Develop and improve processes related to expenditure, appropriate financial methods to better evaluate and measure performance

What you’ll need to succeed

• Bachelor’s degree in Finance or any related field
• 7+ years’ experience in Finance/Reporting
• Versed into reporting, consolidation and month end closing
• Comfortable with financial forecasting & modelling towards tactical and strategic support to the business
• Ability to grasp the business and our industry intricacies to deliver the best level of analysis
• Experience within the luxury retail would be a plus
• Experience with SAP is a must

What we can offer you

With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.

We invite all applicants to apply

It takes diversity of thought, culture, background, differing abilities and perspectives to truly inspire, exhilarate and delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.

We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.