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Job Description
To be the market-leading cycling retailer, educator & experience provider in the GCC.
Company Mission
To grow participation in Cycling and Triathlon to improve wellbeing and happiness.
Company Values
Excellence | Passion | Integrity | Innovation | Commitment
Role Purpose
Financial Reporting & Month-End Close
- Lead and manage the monthly financial close process, ensuring all journals, accruals, and prepayments are posted accurately and on time. Ensure the accuracy of the numbers.
- Prepare monthly management accounts and profit & loss statements for all Wolfi's Group entities for discussion with senior management. Produce variance analysis reports that compare actual performance against the budget and prior periods, with clear commentary.
- Prepare & circulate multiple monthly reports to stakeholders as per fixed timelines.
- Support the Finance Manager in monitoring inventory valuation, stock ageing reports, and slow-moving stock provisions.
- Review and analyse retail store financial performance including sales, margins, shrinkage, and cost variances.
- Work closely with the operations and buying teams to ensure financial accuracy of purchase orders and stock movements.
- Implement, monitor, and continuously improve internal financial controls across all Group entities.
- Ensure adherence to the Group's Standard Operating Procedures (SOPs).
- Support internal and external audit processes by providing documentation, reconciliations, and explanations as requested.
- Identify and escalate any control weaknesses, fraud risks, or compliance gaps to the Finance Manager promptly.
- Supervise and mentor junior finance team members.
- Liaise with department heads, store managers, and operations teams on financial matters.
- Support FM/CSGO/CEO on ad hoc financial analysis and reports.
- Prepare and file quarterly UAE VAT returns accurately and on time in accordance with Federal Tax Authority (FTA) requirements.
- Support the Group's UAE Corporate Tax compliance, including maintaining transfer pricing documentation for related party transactions.
- Assist with implementing e-invoicing (FTA mandate) and ensure all invoicing processes are compliant.
- Chartered Accountant (Intermediate minimum) / Bachelor of Commerce.
- Minimum 10 years of total experience, with at least 5 years in the UAE.
- Knowledge of UAE VAT & Corporate Tax and related FTA compliance.
- Strong MS Excel skills, advanced level including pivot tables, VLOOKUP, financial modelling, and MIS reporting.
- Experience in a retail, FMCG, or multi-entity business environment.
- Excellent spoken and written English — all reporting and communication within the Finance team and the group is conducted in English.
- Demonstrable experience managing month-end close independently.
- Knowledge of Xero and Cin7 systems, as well as a UAE driving licence, is a plus.
- UAE VAT & Corporate Tax compliance.
- Month-end close ownership.
- Retail/multi-entity finance experience.
- Advanced Excel & MIS reporting.
- Internal controls & audit.
- Integrity & commitment.
Skills
AccountsSalesFinancial ControlsExternal AuditInvoicingPurchase OrdersReconciliationsReturnsTransactionsTransfer PricingXeroAccountantChartered AccountantFinance ManagerFinanceAssistant Finance ManagerIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Important dates & deadlines?
Application Deadline
08 Sep 26, 01:34 PM IST
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