CARREFOUR a UAE ( DUBAI)
- GCC Financial controller
2007 - maintenant
GCC Financial Controller ( UAE , Qatar, Oman, Kuwait & Bahrain)
Implement the position of Financial Controller reporting to the VP Finance GCC (UAE, Qatar, Oman, Kuwait and
Bahrain)
Lead the Financial Control for GCC, Head Quarters and Logistics BU.
Manage the Planning, Consolidation, Reporting, Benchmark, Analysis, Forecast, Budget, and Strategic Plan.
Budget and Strategy
Contribute to the development of the strategy by managing the budget process and 5-years plan
Lead the full budget process: timetable, guidelines, assumptions, templates, consolidation, and presentation
Challenge the Stores in terms of Sales, CFFO, staff costs, OPEX, CAPEX, and working capital
Provide support to other HO Departments for budget preparation: Marketing and Advertising, Logistics, HR…
Support VP Finance in providing clarifications to the CFO on the proposed budget and performance till the Board
approval.
Coordinate and control the execution of the global Strategy with the Management
Reporting and Analysis
Manage the monthly reporting for GCC Stores and ensure proper consolidation within agreed deadlines
Analyze the income statements, balance sheets and KPIs for Stores, Logistics BU and Head Offices
Control the collection of rebates in compliance with Suppliers contracts, and analyze the Marketing/Advertising
Expenses
Guarantee the accuracy of financial reports, perform benchmark, and investigate unusual variance against budget
Identify key issues and potential corrective action plan with Management, and ensure alignment to the objectives
Prepare board of results and monthly presentation for the Executive meetings (GM meetings, COMEX, Board)
Other responsibilities
Policies and Procedures: participate in the development of the P&P framework
Tools: develop and automatize reports for efficient additional analysis (Loyalty Card TB, Logistics TB)
Training: perform training to Financial Controllers whenever required
Productivity: implement the follow-up in Stores.
Electricity consumption: monthly benchmark by Store and District.
Commercial performance review: leaflet costs and benefits analysis, impact on margin, rebates collection, stock
depreciation.
CAPEX review: ensure Participation for developpement new Project.
that the booking of Fixed Assets additions is on line with budget or feasibility
Internal Audit: liaise with Internal Auditors and guarantee the follow-up with Stores and HO Departments
Surveys: competition analysis and sales impact by Store, price surveys, inflation
Insurance declaration: update the yearly declaration with Stores, HO and Distribution Centers (PAR, BI, CIS, CIT)
Delegation of Authority: coordinate the yearly review of the DOA with all Departments
Business Continuity Plan: conduct the BCP for system crash scenario in Central Finance
EBIT by Section: analyze the results with VP Marketing and follow up of the yearly strategy and actions plan
Logistics inventories: control the physical counting, the calculation of shrinkage and penalties for DC
LUXUS PAPER
- DIRECTEUR ADMINSTRATIF ET FINANCIER
2006 - 2007
Finance & Administration Manager
LUXUS PAPER (Group AIXOR : Importation Paper of Newspaper)
Provide high quality support service to line managers/officers in the organization
Leading a team of staff responsible for the production of management accounts
Producing weekly, monthly and quarterly management reports to senior management
Analyzing variances and exploring potential problems with line managers
Making appropriate recommendations and advising of the impact on the business
Preparation of cash-flow statements, income and expenditure accounts and tax returns
Budgeting, planning and forecasting for the business
Report monthly on variances between months and YTD and Year-end. Analysis trends on a monthly and yearly basis.
KPI's – ensure accuracy, usefulness and understanding of all KPI's
Ensure that financial controls are in place across the factory, which are in accordance to Group policy and actively
adhered to.
Weekly to monthly accounts review – ensure that reconciliations are completed with any variances investigated and
appropriate action taken.
Ensure adherence to the Company policy purchase of goods and services.
Capital expenditure – preparation of CAPEX applications, validation of costs and benefits, manage subsequent
spend, post implementation review.
Recommends financial actions by analyzing accounting options.
Substantiates financial transactions by auditing documents.
Maintains accounting controls by preparing and recommending policies and procedures..
Maintains financial security by following internal controls.
Maintains confidence and protects operations by keeping financial information confidential.
