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Job Req ID:  20191
Date:  02-May-2021
Location: 

Dubai, AE

Functional area:  Finance
Contract type:  1 | Permanent job
Business area:  Fragrances

 

 

 

Finance Manager - Middle East

F&A Manager – Puig Middle East (LM & TR)

Location: Dubai, UAE

PUIG is a third-generation family-owned fashion and fragrance business based in Barcelona. PUIG creates distinctive brands and fragrance experiences that make people dream. The company’s ambition is to define the future of the fragrance category and capture a disproportionate share of innovation and growth. The company’s strong performance has resulted in substantial growth and revenues of €2,029 million in 2019. PUIG success stories include a combination of owned brands such as Carolina Herrera, Nina Ricci, Paco Rabanne, Jean Paul Gaultier, Dries Van Noten, Penhaligon’s and L’Artisan Parfumeur; licenses such as Christian Louboutin, Comme des Garçons and Lifestyle fragrances. PUIG products are sold in more than 150 countries.

 

In the Middle East, Puig manages the fragrance and beauty business unit as a Joint Venture with Chalhoub Group. The company operates through distributors in most markets, with the exception of Saudi Arabia where it sells directly to retailers.

 

Mission:

Reporting to the EMEA Finance Director, the Finance Manager partners with GM and the entire Middle East Lead Team to run the fragrance and beauty business in the Middle East region.

The role is responsible for applying internal policies and address legal- and regulatory-related issues while keeping a strong functional link with Headquarters management and ensuring an efficient use of local resources.  

The F&A Manager will also oversee the customer service and operations processes to achieve the objectives fixed in terms of order processing, invoicing, shipments follow up and receivables collection.

Lead a team of one F&A Executive and one Customer Service & Operations Executive and indirect functional management of the Financial Analyst in Saudi Arabia.

The F&A Manager is a proactive and operationally involved business partner with strong business controlling focus. He/she will act as a convincing as well as influential member of the Middle East lead team and develop the local business by meeting targets and steering an efficient use of resources.

 

Functions and Responsibilities:

Business & financial controlling:

  • Lead and manage the annual budget planning process for the entire Middle East region for the 3 business units (Local Markets, Travel Retail and Saudi Arabia) including presentation to the EMEA Top Management
  • Manage the monthly closing activities. Assure a timely, properly, and compliant reporting to HQ and local partner.
  • Review the top- and bottom-line performance of region and propose corrective measures to the GM and the local management whenever needed
  • Forecast sales and anticipate future business trends assessing threats, opportunities and recommend a line of actions
  • Conduct, support and attend in brand and business reviews as well as manage the annual planning process
  • Coordinate and provide information to local and international audits
  • Credit risk Management in coordination with the Commercial Department

 

Implementation of Corporate Policies

  • Ensure the implementation of Group Financial Policies regarding P&L
  • Implement yearly A&P audit to the different distributors
  • Follow up on the yearly audit process of the legal entity and coordinate with auditors
  • Ensure robustness of local internal controls & compliance with Group Policies
  • Control on capital expenditures
  • Control on operational treasury

 

Business development / legal/Board of Directors

  • Be a strong business partner for future development opportunities in the local markets
  • Assess feasibility and implications for introduction of new brands and product lines
  • Steer regional and international projects and ensure proper implementation in the Middle East region
  • Consolidate all financial matters and information for the Board of Directors meetings.
  • Prepare presentations for Puig top management visits and for the Board of Directors meetings
  • Coordinate legal matters rising from the different board meetings or projects

 

 

 

Requirements for the role:

  • University degree in business administration or similar field
  • At least 7 years of experience in a business controlling role or leading finance/controlling function, preferably in a multinational environment with focus on consumer goods

 

Skills and Knowledge required:

  • Strong desire to be involved and drive the operational business and the Go-To-Market processes with the aim to continuously drive improvements
  • Strong analytical skills and result-oriented
  • Collaborative nature, ability to work with cross functional teams and act as a true business partner
  • Strong influencing skills, with a range and adaptability of style.
  • High drive and energy
  • High integrity/trustworthy

 

Languages: Fluency in English.

 

 

 

Puig 2021. This information is privileged, confidential and contains private information. Any reading, retention, distribution or copying of this communication by any person other tan its intended recipient is prohibited.