Summary
GMG is a global well-being company that retails, distributes, and manufactures brands across several sectors. The Senior Manager - Finance (Factory) oversees factory finance operations, reporting, controls, inventory accounting, and production-cost analysis in Dubai. The role partners with factory operations to manage budgets, improve cost efficiency, and support audits, while leading and developing the factory finance team. Applicants should have a finance or accounting bachelor's degree and 8–12 years of progressive finance experience, including significant manufacturing or factory exposure.
The posting
As published on gmg.com. Pulled from the employer's site and shown as they wrote it.
Who we are:
GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties and logistics sectors. Under the ownership and management of the Baker family for over 45 years, GMG is a valued partner of choice for the world's most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands across 12 countries. These include notable home-grown brands such as Sun & Sand Sports, Dropkick, Supercare Pharmacy, Farm Fresh, Klassic, and international brands like Nike, Columbia, Converse, Timberland, Vans, Mama Sita's, and McCain.
Role Summary:
The Senior Manager – Finance (Factory) is responsible for managing end-to-end finance operations at the factory level, ensuring robust financial control, accurate reporting, and operational finance support to manufacturing operations. The role is hands-on and execution-focused, acting as the key finance partner to Factory Operations while ensuring alignment with GMG’s Group finance policies, controls, and standards. The role covers core operational finance pillars, with a strong emphasis on compliance, efficiency, and cost discipline within a manufacturing environment.
Key Success Drivers including Accountabilities and Responsibilities:
1. Financial Control & Compliance
Ensure strict adherence to GMG Group finance policies, internal controls, and governance frameworks at the factory level
Maintain strong financial discipline across all manufacturing transactions, including inventory, procurement, and production costing
Lead and support internal and external audits, ensuring timely closure of audit findings and zero compliance gaps
Safeguard company assets through effective control mechanisms and regular reconciliations
2. Factory Financial Operations & Reporting
Oversee end-to-end factory finance operations, including month-end close, journal entries, and balance sheet reconciliations
Ensure timely, accurate, and insightful financial reporting aligned with Group timelines and standards
Monitor key financial metrics (cost per unit, yield, wastage, variances) and highlight risks and opportunities
Drive transparency and accuracy in inventory accounting and valuation
3. Cost Management & Efficiency
Partner with factory operations to drive cost optimization initiatives across materials, labor, and overheads
Analyze production costs, variances, and inefficiencies, providing actionable insights to improve margins
Track and control factory budgets, ensuring alignment with approved financial plans
Lead initiatives to improve productivity and reduce waste within the manufacturing process
4. Business Partnering with Factory Operations
People Management:
• Lead and develop the factory finance team.
• Allocate work, review outputs, and ensure high-quality deliverables.
• Build strong finance capability within the factory through coaching and on-the-job development.
• Promote a culture of accountability, discipline, and continuous improvement.
Functional/Technical Competencies:
Strong manufacturing finance knowledge (costing, BOM, variances, inventory)
Financial reporting & month-end close expertise
Cost control, margin analysis, and budgeting/forecasting
Internal controls, compliance, and audit management
ERP systems and advanced Excel skills
Data analysis and business partnering for decision support
Working capital and inventory management
Educational Qualifications:
Bachelor’s degree in Finance, Accounting, or a related discipline.
• Master’s degree is an advantage.
Experience:
• 8–12 years of progressive experience in finance roles, with significant exposure to manufacturing or factory environments.
• Proven experience managing factory-level finance operations.
• Experience working in large, structured organizations with strong governance frameworks.