Job Purpose:

Financial Controller in Commercial Department is responsible for managing the entire financial reporting process alongside with Finance. This is a management position that is acquired through years of experience in other financial positions.

Key Responsibilities:

• Works closely with Commercial and Finance to create the base for sales and margin budget and assign targets by incorporating the strategy
• Monitors and highlights the sales performance versus budget and last year at all products and procurement levels
• Establish supplier performance and income tracker to support commercial teams to achieve their targets.
• Monitor annual negotiation process and provide tracker for completion and progression.
• Defines the process of keeping records of all debit note movements and be the focal voice in between Finance and Commercial
• Develop the supplier playbook (score card) across all financial measures such as sales, purchase and margin.
• Provide timely response to commercial audits.
• Liase with Finance regarding the accuracy of rebate base calculations and understand the impact of potential changes in calculation.
• Support categories to improve the clarity of statements in terms and conditions contracts.
• Develop control mechanisms to ensure fix income within commercial is issued timely and accurately.
• Provide all necessary data for new ways of working in managing categories
• Manages analysts across commercial categories to ensure the accuracy of price changes.
• Select all price basket items across all categories in parallel to pricing strategy
• Manages 3rd party or in-house price check process
• Manages analysts in commercial categories to change and maintain prices inline with the strategic price policy
• Deliver price index reporting of our prices comparing competitors, identify and give continuous feedback in problematic areas

Qualification

• BSc/BA in economics, Finance, Accounting or Business faculties
• Holding a Certified Public Accountant or Certified Management Accountant and IFRS competency and knowledge will be a plus
• Excellent in English and Arabic is a plus

Experience:

• 5+ years of work experience in accounting, finance and reporting functions
• Having experience in international business and reporting (IFRS) management
• Expertise in the principles of finance and financial modeling
• Good planning, analytical, budgeting and business presentation skills
• Computer literacy with good command of English
• Experience in IT/Software, ERP implementation 

Job Specific Skills:

• Commercial and Retail business awareness
• Excellent communication and presentation skills
• An analytical approach to work
• High numeracy and technical skills
• Problem-solving skills and initiative
• Negotiation skills and the ability to influence others
• Strong attention to detail and an investigative nature
• The ability to balance the demands of work with study commitments
• Good time management skills and the ability to prioritise
• The ability to work as part of a team and to build strong working relationships
• The capacity to make quick but rational decisions
• The potential to lead and motivate others
• Good IT skills. (Microsoft Office, AX, Office 360, SAP, Oracle)