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Job Description

Business Planning, Expansion, and Long-Term Planning:

  • Lead the preparation and submission of the Annual Business Plan for the Retail Division, adhering to group guidelines and business objectives.
  • Assess the feasibility of new store openings, country expansions, relocations, and modernization plans based on financial metrics like RPF, IRR, and Payback to ensure alignment with AF Group and Principals.
  • Collaborate with function heads to develop the Retail Division's long-term business plan (3 to 5 years) and support the preparation of new country plans.

 

Commercial Management:

  • Analyze variances against budget and business objectives, providing commercial insights and recommending corrective actions as needed.
  • Contribute to enhancing profit growth through strategic initiatives such as sales optimization, margin improvement, and cost reduction.
  • Evaluate the financial implications of new business proposals and operational changes, such as new channels or business models.

 

Corporate and Brand Engagement:

  • Champion corporate values within the Finance Team and foster strong relationships with Retail stakeholders through proactive communication and collaboration.
  • Work closely with Retail teams to resolve issues and identify opportunities to meet current and future commercial targets.

 

Business Growth and New Markets:

  • Manage acquisitions, post-acquisition integrations, and new market entries, ensuring compliance with regulatory requirements before launching operations in new stores and countries.


Job Details

Job Location
Dubai United Arab Emirates
Company Industry
Retail & Wholesale
Company Type
Employer (Private Sector)
Job Role
Finance and Investment
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1
Al Futtaim Group logo
Al Futtaim Group

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

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