Assistant Finance Manager - Talent Pool

 

To be the market-leading cycling retailer, educator & experience provider in the GCC.

 

 

To grow participation in Cycling and Triathlon to improve wellbeing and happiness.

 

Excellence       |     Passion      |     Integrity     |      Innovation |        Commitment

 

Role Purpose

• 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.