COO - F&B Business - Dubai

Job Description

As a key member of the executive management team, the Chief Operating Officer will assume a strategic role in the overall management of the company. The COO will have primary day-to-day responsibility for planning, implementing, managing and controlling all operational and financial-related activities of the company.Client DetailsOur client is a leading F&B entity and have a presence across the entire GCC.DescriptionStrategy and leadershipProvide leadership, direction and management to the operational team ( executive chefs , finance manager and retail team) establishing and developing relations with senior management and stakeholdersProvide strategic recommendations to the CEO by advising on business planning, development and opportunities for improvementDevelop the brands Middle East s organizational and operational objectives in line with budgetProviding studies on economic trends, revenue opportunities; expansion prospects and effectively communicate potential risks in a timely mannerExecutionExecute the overall strategy of the company, and assist the CEO in identifying investment opportunitiesPreparation of monthly, annual and 5-year plans and propose action plans to ensure that annual objectives are attainedManage, Assist in the development and negotiation of franchise agreement and all legal related aspectsProvide an operating budget to ensure success through analysis and compliance with all contractual requirements, regulatory requirements, and financial covenantsMonitoring and ReportingDevelop, prepare and present financial data and reporting as per company policies along with the finance managerMonitors financial performance by measuring and analysing results; initiating corrective actions minimizing the impact of variances.Reports financial status and KPIs by developing forecasts; reporting results; analysing variances; developing improvements.Preparation of financial statements under IFRS and Coordinate and produce all tax documentation as requiredTreasuryMonitor banking activities of the organization and manage banking relationships together with CEOManage treasury and Ensure adequate cash flow to meet the organizations needsProcesses and ITContribute to general improvement of internal control environment through periodic review of governance, reporting, finance, IT/ERP, HR and accounting processes.Conduct the digitalization of our operational processesProfile6+ years of work experience, including as COO DirectorGood network and connection within the hospitality industryExtensive knowledge in F&B projects ( design stage to openings)Full awareness on the food digital social media and ability to adapt the same to the brandKnowledge or experience in Catering and banqueting is a plusBe highly proactive in assessing what the needs of the company are and taking initiatives to improve the business across all functional areas.Capable of crisply presenting business information to the executive team and the board of directorsHigh personal integrityExperience ERP and financial IT systemsExperience with legal matters relating to management of franchisee cross-borderWork experience in F&B, and RetailWork experience in the GCCMaster degree from a highly reputable institutionArabic, French and English speakingJob OfferCompetitive base and bonus within company guidelines

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