Finance Executive Time Out Markets · Time Out Market Bahrain
2 weeks ago
Title: Financial Executive
Location: Bahrain
Department: Time Out Market
Reporting to: Market General Manager
Role overview
To oversee the BAU transactional accounting responsibilities for the Market and provide key business partnering support to the General Manager and other senior members of the team. This role requires a keen attention to detail, ensuring accuracy in the preparation of the monthly management packs, documenting business processes and accounting policies to maintain and strengthen internal controls and a “hands-on”, problem solving approach to managing the markets’ finances. The candidate will have the tenacity to provide key reporting insights by creating financial projections, budgets and forecasts to enable the VP of Operations to make informed decisions about the business.
Responsibilities
Providing regular cost and control updates as well as responding to ad-hoc queries.
Working closely with the GM to produce financial projections & budgets in a structured way.
Build, update and maintain financial models and reports to be used for operational purposes and decision making.
Manage a rolling cash flow projection for the market and work with the Finance & Admin support the market to ensure an accurate projections
Lead the Accounts Payable process for the market working with the local Finance & Admin support to ensure that invoices are processed, paid and recorded in a timely manner whilst helping to drive improvements in AP processes.
Ensure Cost of Sales & Operating Expenses are accurate and accrual levels are set correctly on a monthly basis.
Drive processes, control and governance for the Finance & Administration support the market to determine best practice.
Presentation of monthly management information
Full Balance Sheet Reconciliations at Month End
Payroll & Pension submission for staff, monthly analysis and reconciliations
Sales Commision calculation and reporting
Minimum working schedule of 50 hours.
Skills:
Excellent written and verbal skills
A strong knowledge of Excel
Ability to set and manage priorities
Ability to propose process improvements and implement efficiencies
Ability to review work and self-check as needed with a keen attention to detail
Ability to interact successfully with dynamic personalities
Superior analytical, evaluative, and problem-solving abilities
Ability to present problems and potential solutions
Ability to articulate ideas to all areas of the business
Experience in the hospitality industry
Preferred Skills
Experience in SAP Business One, Vision, Concur and Ad Point (optional)
Experience in a global company
What we look for in a candidate
Time Out is a company filled with individuals as diverse as the cities we are in and cover. At the same time there are common characteristics and values we all share. To join our team, you’ll want to…
Be commercially astute
Either have experience at or want to dive headfirst into a fast-paced transformative company in pursuit of excellence
Think globally
Have excellent communication and relationship building skills
Have a high sense of ownership, urgency and drive
Be a team player
About our culture
At Time Out Group we believe in diversity and equal opportunity for all people. We do not discriminate against external or internal candidates on the basis of age; disability; gender, gender reassignment; race; religion or belief; sexual orientation; marriage and civil partnership; pregnancy and maternity. We believe that diversity develops creativity and enables personal and professional growth where we all learn from each other. We believe in an open culture where ideas are shared candidly and where there is no fear of failure, but rather an understanding that we must experiment and have the freedom to succeed. We believe that everyone has the right to express themselves as they are as this enriches us all. We believe in an open world, social justice, and the pursuit of happiness, after all, we are in the happiness business.
About Time Out Group plc
Through Time Out Media and Time Out Market we help our large audience go out in the world's greatest cities and connect global brands as well as local talents with this valuable audience.
Time Out Media ’s multiple digital and physical channels span websites, mobile, social media, video, audio and Live Events. Across these channels, Time Out distributes its high-quality content – curated and created by a global team of local expert journalists – around the best food, drinks, culture, art, music, theatre, travel and entertainment in 333 cities and 59 countries. The Company is giving international, national and local brands and businesses the opportunity to connect with this global reach and strong traffic from a desirable audience by offering bespoke 360-degree multichannel advertising solutions. Since its launch in 1968, Time Out has become a global brand that advertisers and consumers love and trust.
Time Out Market is the world's first editorially curated food and cultural market, leveraging the Time Out brand to bring the best of the city together under one roof: its best chefs, drinks and cultural experiences – based on the editorial curation Time Out has always been known for. The first Time Out Market opened in 2014 in Lisbon, quickly turning into one of the most popular destinations in the city. The success of Lisbon brought further expansion and the portfolio currently includes seven Markets:
in addition to Lisbon, there are sites in New York, Boston, Montreal, Chicago, Dubai and Cape Town. More Time Out Market locations are in the pipeline as the global expansion continues.
Time Out is headquartered in London (United Kingdom) and listed on London's AIM stock exchange, trading under the ticker symbol 'TMO'.
Time Out is a dynamic, pioneering brand and so is our team. We want to work with the best and brightest talent because we work for the world’s greatest cities, the people enjoying them and the businesses in them. As a truly global team we get to collaborate with colleagues from New York to Paris, Cape Town and Sydney and beyond. It’s our expertise, authenticity and collaboration that make us successful and a unique team.
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