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Wolfi's
Company VisionTo be the market-leading cycling retailer, educator & experience provider in the GCC.Company MissionTo grow participation in Cycling and Triathlon to improve wellbeing and happiness.
Company ValuesExcellence | Passion | Integrity | Innovation | Commitment
Financial Reporting & Month-End CloseLead 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.
Inventory & Retail FinanceSupport 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.
Internal Controls & AuditImplement, 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.
Team & Stakeholder ManagementSupervise 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.VAT, Tax & Regulatory CompliancePrepare 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.
Knowledge of Xero and Cin7 systems, as well as a UAE driving licence, is a plus.
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