Foodics Capital - Manager

Foodics

Riyadh, SA
  • Job Type: Full-Time
  • Function: Operations
  • Post Date: 05/24/2021
  • Website: www.foodics.com
  • Company Address: Imam Saud Bin Faisal Rd, Riyadh 13515, banayat center office 1 second floor, Riyadh, Kingdom of Saudi Arabia Riyadh, SA

About Foodics

Foodics all-in-one, cloud-based point of sale system makes it easy for retailers and food & beverage business to get a holistic overview of their company and its operations.

Job Description

About Foodics 🏢

Foodics, a Saudi fast-growing startup in MENA, offers a complete Cloud point-of-sale SaaS with tools that help F&B and retail businesses start, track and grow. B2B sellers use Foodics to accept payments, track inventory, monitor sales, send orders to the kitchen, digitize menus, manage employees and analyze the whole business with smart reports, anytime and anywhere on the cloud. Available in English, Arabic, Turkish, Spanish and French. Foodics works offline with iOS apps that securely store data on the cloud and can integrate with third-party apps. Founded in 2014 and headquartered in Riyadh, Foodics is currently available across the MENA region, with offices based in Saudi Arabia, United Arab Emirates, and Egypt with a culture retaining talents and promoting creativity and efficiency. Foodics today is one of the most promising SaaS companies in MENA and future Unicorn (1 Billion USD company) and we are looking for people like you to help shape tomorrow at Foodics.
Vision

To become a leading Fintech and software trusted partner globally, for retailers and sellers who want to grow their business.
Mission

We empower sellers with a comprehensive point of sale platform to enrich their operations. We give complete business control and offer smart reports on sales, customers, employees, and inventory. We also provide an ecosystem of tools to seamlessly accept payments and finance growth.

Job Brief

“Foodics Capital” is a micro-lending arm that offers Shariah-compliant loans to small F&B businesses, with the aim to revolutionize SME lending, through offering faster and more flexible lending options than most of such in the region.

We are looking for a commercial-savvy experienced professional to provide effective leadership and management of Foodics Capital microlending program, and guarantee its efficient operation and long-term sustainability. You will play an important role in capacity building, product enhancement, risk management and lending decisions for qualified clients, overseeing all microlending related strategies, staff and operations.

You will be accountable for identifying and validating lending project, planning, forecasting, allocating, reallocating, coordinating, controlling, monitoring and reporting capex execution, identifying any deviation and taking corrective action, which in turn, shall increase product profitability and/or save cost based on insights from KPI’s and benchmarking exercises.

If you’re someone who has solid experience in Capital Management, with passion to lead, grow and support business and teams, we would like to meet you!

 

 

Main tasks and responsibilities 💡

  • Design viable Foodics Capital overall business plan, develop and review metrics over capital allocation, generation, utilisation and performance, ensuring the alignment with Foodics strategy and the vision set for the product.
  • Ensure that Foodics Capital plans and targets are achieved, variances (if any) are properly identified and explained, and correction actions are taken. All operation policies and procedures are applied consistently, uniformly and in compliance.
  • Regularly create operational reports including competitors and clients’ feedback/concerns and service delivery insights to come up with recommendations for improvement.
  • Revise and/or newly develop microlending options and products based on market surveys and client regular feedback.
  • Build and maintain effective relationships with related partners, staff, clients and other local microfinancing institutes.

Requirements

    • 5+ years of proven experience in similar roles; Credit/loans management, financial services…
    • Advanced forecasting abilities, expert level of MS Excel & PowerPoint
    • Systems and report building skills
    • Someone who appreciate the use of technology as a key driver of organization efficiency
    • Knowledge of microlending and fund management legislation in Saudi arabia is a plus

Self-starter with the ability to work independently across functional groups and on multiple initiatives simultaneously

  • Must be flexible to work in a fast-paced and evolving environment
  • Passion for technology and for being a part of a fast-growing SaaS companies

Benefits

  • Attractive compensations and benefits.
  • Accelerated learning experience.
  • Flexible, people-focused culture .

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.