Al Futtaim Jobs - Vice President | Marks & Spencer | Dubai (AE)

At Al-Futtaim, we look for the world’s top leaders with the entrepreneurial spirit, global vision, and passion to consistently drive our diverse teams forward as we continue to expand our company across all sectors. Our work is propelled by the desire to make a difference and become one of the most progressive companies in the Middle East and beyond. At the centre of our actions and visions are Al-Futtaim’s Values of Respect, Integrity, Collaboration, and Excellence, and we recognise and reward quality performance aligned to these.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. Our career opportunities span from our home base in the UAE out to the shores of Singapore and we are in industries ranging from automotive and retail, to finance and real estate, working with international names like Lexus, Ikea, Robinsons, and Toshiba. Our multicultural and multinational team gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

 

Job Purpose

 

The VP is responsible for;

• Design, define, formulate the overall global brand strategy, 5 year plan, business plan and brand KPIs for all geographical areas.
• Coordination of principal relationships, brand franchising direction and the future growth of the whole brand in line with the long-term plans
• Meeting with the local teams to review business performance coaching them to achieve their KPIs
• Visiting markets to review business opportunities
• Measuring and driving progress against the strategic plan
• Supporting the overall retail business where necessary

• Markets Covered: UAE, Oman, Bahrain, Qatar, Egypt, Lebanon, Kuwait, KSA, Singapore, Malaysia and Hong Kong.

 

Key Responsibilities:

 

Strategic

• Design, develop & present a Global Brand strategy and business plan leading a team of functional leaders to implement and execute the strategy in their areas of responsibility

• Drive sales, margin and costs to maximize profit for Al Futtaim Group`s M&S business globally

 

Financial

• Implement, monitor and control the budget and operational costs of all markets maximizing the gross and net margins achieved through effective control of the business operations.

 

Business Planning

• Being a member of the Retail Executive Committee, the VP develops and implements the M&S brand strategy, Annual and a Long Term Business Plan managing relationships with the principal and other key stakeholders across Al-Futtaim Group.

 

People

• Manage, empower and motivate a management team of Functional Leaders, and Senior Managers to achieve company targets, manage costs and to strive for excellence in meeting their objectives. Coaching the management team and ensuring candidates for succession for the role in the future is a key responsibility.
• Work with HR to deliver targeted people solutions to create employee engagement, compliance to HR Policies and local legislation
• Motivate and support the teams within the various functions to strive for clear goals and to build a cohesive, focused team. Enthuse the team to strive towards successful business performance and achievement of business goals and objectives

• VP is a role model of Al-Futtaim behaviours and values 

 

Corporate and Brand

• Ensure M&S Brand integrity at all markets, levels and touch points
• Promote Brand and Corporate Values, throughout the organization and depending functions within Al-Futtaim.
• Interact and liaise with Principal Executives from M&S UK to establish and maintain a good working relationship and partnership. 

 

Business Growth / New Markets & Channels

• Explore and research opportunities for the business growth, including new formats, (which may include new food, clothing or hospitality formats) new territories, and new channels (including the development and execution of digital channels)
• Project and roadmap and development plan and confirm site selection and the sign off for new stores against this plan
• Ensure successful format and market entry in line with legislation and requirements of the brand.

 

Qualifications, Experience & Skills

 

• More than 16 years of experience of which 5 years should be at senior management level
• Graduate Degree
• MENA/ASIA market experience is an advantage
• Experience in a multi-channel and multi-geography retail environment
• Past M&S experience – market relevant experience is preferred
• Experience in managing and driving cross functional teams with a workforce in excess of 1000 people
• Delivery of financial budgets and key performance indicators for all markets
• Understanding of customer research and the ability to amend the range/service to reflect customer requirements and feedback.
• Understanding of fashion and trends and the food retail business
• Understanding and applying of global and regional macroeconomic indicators

 

Ref:NB

 

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Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

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