Business Analyst

Overview of the role

Prepare monthly / Quarterly / Annual / Adhoc reports including but not limited to the financial statements for each brand and consolidated reports, by collecting data, analyzing and investigating variances; summarizing data, information, and trends. To work within the finance team supporting accurate and timely processing of financial transactions and processes, and internal/external reporting requirements.

What you will do

• Prepare and submit financial reports in a timely and accurate manner
• Review financial statements’ movement for the monthly/yearly closing purpose and support finance teams with the required adjustments (if needed).
• Coordinate with Retail Finance / Group Finance / Brands managers for all ad-hoc reports and analysis
• Review monthly financial statements’ movement for the monthly/yearly closing purpose and support finance teams with the required adjustments (if needed).
• Delivery of the monthly close process, analyzing transactions and preparing required journals.
• Driving continuous improvement within your own areas of responsibility.
• Prepare required reports and presentations for management meetings.
• Being fully aware of and actively complying with Alfuttaim policies and procedures relevant to your own responsibilities and to corporate policies and procedures
• Performing any other reasonable duties as directed by line management

BUDGETING/ Latest Estimate (LE)

• Prepare & compile previous years (LY) budgeted & actual business figures,
• Carry out logical analysis and submit to relevant line managers requesting for current budgets.
• Support the budgeting process by consolidating reports and analysis and prepare the budget/LE summary by division/store/location
• submit for management approval – providing rationale and detailed information to provide guided business decision
• Once budgets approved, carry out the phasing of the budgets for the year and upload information into business system
• Communicate to the relevant parties their budgeted amounts
• Participate in brainstorming sessions for new design ideas.