Finance Director (FD)
Salary: Executive Package
Type:
Executive
About the Role
Luxury Recruit is partnering with a leading retail company in Dubai to appoint a Finance Director (FD) to oversee and drive the financial strategy and operations of the business. As a key member of the senior leadership team, the FD will be responsible for financial planning, reporting, compliance, and business performance analysis. This role requires a commercially driven finance leader with deep expertise in the retail industry and an understanding of the Middle East market.
Key Responsibilities
- Strategic Financial Leadership
- Develop and execute the company’s financial strategy, ensuring alignment with business objectives.
- Collaborate with the CEO and executive team to drive profitability, efficiency, and sustainable growth.
- Financial Planning & Analysis (FP&A)
- Oversee budgeting, forecasting, and financial modeling to support business planning.
- Provide financial insights and recommendations to optimize business performance and manage risks.
- Financial Reporting & Compliance
- Ensure timely and accurate financial reporting, including monthly, quarterly, and annual reports.
- Maintain compliance with UAE financial regulations, tax laws, and international accounting standards (IFRS).
- Oversee external audits and tax filings.
- Cash Flow & Working Capital Management
- Manage liquidity and working capital to ensure financial stability and support business growth.
- Implement cash flow strategies to enhance financial efficiency and optimize resource allocation.
- Risk Management & Internal Controls
- Develop and strengthen internal controls to safeguard company assets and ensure regulatory compliance.
- Identify financial risks and implement mitigation strategies.
- Business Partnering & Strategic Decision Support
- Provide financial leadership and guidance to business units, supporting investment and expansion decisions.
- Act as a trusted advisor to the CEO and executive team.
- Team Leadership & Development
- Lead and develop the finance team, fostering a culture of performance, collaboration, and continuous improvement.
- Ensure the finance function supports the company’s commercial and operational objectives.
Qualifications & Experience
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (MBA, ACA, ACCA, or CPA preferred).
- Minimum of 10 years of finance experience, with at least 5 years in a senior leadership role (preferably in the retail sector).
- Strong understanding of the retail industry, including pricing strategies, inventory management, and multi-channel retailing in the Middle East.
- Proven expertise in financial planning, budgeting, forecasting, and risk management in a dynamic, high-growth environment.
- Hands-on experience in cash flow management, working capital optimization, and financial system implementation.
- In-depth knowledge of UAE financial regulations, tax laws, and IFRS reporting standards.
- Strong leadership skills with experience in managing and developing finance teams.
- Ability to effectively communicate financial data to non-financial stakeholders and present insights clearly.
- Strategic mindset with a strong business acumen and a focus on driving growth and operational efficiency.
- Fluency in English is required; Arabic language skills are an advantage.
How to Apply
If you are a results-driven finance leader with experience in retail and a strong understanding of the Middle East market, we invite you to apply.
Submit your CV and cover letter to Luxury Recruit.