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Associate Manager-Finance

IFFCO

  • United Arab Emirates

Salary

  • AED 35500 - AED per month

Job Type

  • Full-Time

Job Description

Job Title: Business Unit Finance Manager

Job Summary:

As the Business Unit Finance Manager, you will play a crucial role in managing the MIS for the business, conducting Business Performance analyses, and supporting the Finance head/manager in developing financial budgets. Additionally, you will be involved in business partnering with other functions and contributing to the expansion of the category in different regions.

Roles & Responsibilities:

- Develop Business Unit Financial Budgets related to Sales, Materials, Utilities, Cost, and projected P&L in alignment with Corporate Strategy.

- Manage MIS and conduct Business Performance analyses to ensure business health and achieve P&L objectives.

- Ensure compliance with credit policies for both receivables and payables, managing cash flow effectively.

- Establish robust costing systems for material, process, end product, and overheads to determine product pricing and realizable margins.

- Determine end-to-end profitability for each customer (manufacturing and distribution).

- Provide required information and analysis to corporate functions.

- Support finance manager with expansion projects for category development.

- Oversee and support operational activities for Business Units under the category.

- Uphold and practice IFFCO’s vision and values.

Key Performance Indicators (KPIs):

- Financial Accuracy.

- Support BU to achieve Budget Numbers.

- Efficient costing.

- End-to-end customer profitability.

Work Experience Requirement:

- Minimum 8 years of relevant experience in FMCG/manufacturing environment.

- Experience in M&A projects is an added advantage.

Qualifications:

- Chartered Accountant or equivalent accounting qualification.

- MBA in Finance (preferable).

Competencies:

- Financial Compliance.

- Credit Control.

- Financial Planning and Analysis.

- Risk Mitigation.

- Business Planning and Forecasting.

- Effective Communication.

- Self and Team Management.

- Planning & Decision Making.

- Customer Centricity.

- Ownership & Result Orientation.



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