Senior Finance Analyst | Retail AL TAYER GROUP L.L.C

About Us

At Al Tayer Insignia, your career is more than a job — it’s a journey into the heart of luxury retail. For over 40 years, we’ve partnered with the world’s most iconic brands, creating award-winning retail experiences across our boutiques, department stores, and leading online platforms. With stores and outlets across the GCC and a truly seamless omnichannel presence, we bring style, innovation, and heritage together. Here, you’ll join a diverse, customer obsessed, passionate team that celebrates creativity, values individuality, and empowers you to grow. Join us on our journey, reimagining fashion and redefining the meaning of luxury in the region.

Job Description

To provide support and advise to the Company Management on all financial matters and ensure control and compliance of procedures and schedule of authority, besides maintenance of accounts and company’s assets, so as to accurately reflect the financial health of the company.

Responsibilities

Functional Roles and Responsibilities

• Provide support, service and advise on all financial matters to the company’s management, i.e. budgets preparation, and presentation, management accounting, MIS and all other financial and non financial reports and statements.
• Liaise with all central and company departments for budgeting and forecasting purposes. Consolidate annual accounts and ensure timely audit of the annual accounts.
• Exercise budgetary controls, accounting and physical control as per laid down procedures of asset management. Also exercise controls on other purchases and services.
• Ensure tax compliance; return filing for timely basis wherever applicable.
• Ensure proper insurance cover on company’s assets in coordination with corporate finance.
• Carry out inventory control function: like approval of orders, opening of L/Cs, retirement of documents, costing and pricing, insurance, review of inventory ageing etc., to ensure that laid down norms are observed.
• Ensure that credit limit controls and procedures are observed. Review collection and ageing of debtors. Advise management on credit limits and provide MIS and exception reporting.
• Monitor internal/ external payments on timely basis and exercise internal controls so that payments are made as per the approved terms for goods and services supplied. Exercise controls on other purchases and services.
• Ensure that all accounting entries are incorporated in the company accounts after they have been approved as per the schedule of authority. Ensure that accounts are kept up to date to reflect all the transaction of the business, including all reconciliation with the bankers, debtors, creditors and groups companies.
• Monitor bank balances against the facilities to ensure that the company operates within the approved facilities. Project cash flows and advise appropriate authorities in case of likely shortfall. Ensure controls are exercised in cash collections, cash held and banking.
• Forecast foreign exchange requirements are communicated to HO Finance and advise any change as and when necessary.
• Review monthly/Annual closing activities in accordance with corporate policies and IFRS and ensure timely submission of monthly management reports.