Assistant Manager Finance

Barakat; Dubai; On-site; AED 180,000 - 260,000; Full time

Job summary

Barakat Group of Companies is seeking an experienced Assistant Manager - Commercial Finance to drive the financial and commercial performance of our eCommerce business. You will oversee end-to-end P&L, profitability, budgeting, forecasting, cost control and commercial decision support, while supporting Group-level initiatives.

The role also includes group procurement analytics, incentive governance and HORECA pricing, translating data into actionable business actions and collaborating across

Qualifications

• Holds CA/ACCA/CPA/MBA Finance or equivalent qualification.
• Strong experience in Commercial Finance, FP&A, Business Finance or Financial Planning.
• 4-5+ years of relevant experience in eCommerce, retail, FMCG or high-volume businesses.
• Deep understanding of P&L management, budgeting, forecasting and profitability analysis.
• In-depth knowledge of inventory and working capital management.
• Advanced Excel skills and strong financial modelling.
• Experience with Microsoft Dynamics 365 and Power BI desirable.

Responsibilities

• Take ownership of eCommerce P&L and monitor revenue, gross profit, OPEX and EBITDA.
• Review customer/product/category profitability and identify margin improvements.
• Partner with teams to deliver budget, profitability and EBITDA targets.
• Provide financial insights and recommendations to senior management.
• Oversee month-end closing for the eCommerce business.
• Review revenue, COGS, inventory, accruals, rebates, discounts and returns.
• Review MIS and challenge Actual vs Budget vs Forecast vs Prior Year variances.
• Ensure accuracy of key KPIs and management reporting.
• Review pricing, promotions, discounts and margin proposals.
• Govern pricing approvals for HORECA customers and procurement dealsheets.
• Monitor margins against targets and address erosion.

Skills

P&L Management

Budgeting & Forecasting

Profitability Analysis

Inventory & Working Capital

Financial Modelling

Financial Planning

Business Partnering

Stakeholder Management

Commercial Acumen

Cross-functional partnering

Education

CA/ACCA/CPA/MBA Finance

Tools

Microsoft Dynamics 365

Power BI

Microsoft Excel

Job description

Barakat Group of Companies is looking for an experienced Assistant Manager - Commercial Finance to drive the financial and commercial performance of our eCommerce business, while also supporting selected Group-level commercial finance initiatives.

The role will have end-to-end responsibility for eCommerce P&L oversight, profitability, pricing, margin management, budgeting, forecasting, cost control and commercial decision support, together with responsibilities covering Group procurement analytics, incentive governance and HORECA contractual pricing.

This is a commercially focused finance role for someone who can go beyond reporting and translate financial data into actionable business decisions.

What You'll Do:

P&L & Commercial Finance

• Take ownership of the eCommerce P&L and monitor revenue, gross profit, contribution margin, OPEX and EBITDA.
• Review customer, product/SKU and category profitability and identify margin improvement opportunities.
• Partner with business teams to deliver budget, profitability and EBITDA targets.
• Provide financial insights and recommendations to senior management.
• Oversee month-end closing for the eCommerce business.
• Review revenue, COGS, inventory, accruals, provisions, rebates, discounts, returns, logistics, wastage and OPEX.
• Review monthly MIS and challenge Actual vs Budget vs Forecast vs Prior Year variances.
• Ensure accuracy of key financial KPIs and management reporting.
• Review pricing, promotions, discounts and margin proposals.
• Govern contractual buying dealsheets and annual pricing approvals for HORECA customers.
• Monitor customer and product margins against approved targets.
• Identify and address margin erosion and commercial deviations.

Budgeting & Forecasting

• Lead and review annual budgeting and periodic forecasting for eCommerce.
• Challenge assumptions relating to revenue, margins, OPEX, CAPEX, manpower, working capital and EBITDA.
• Conduct scenario and sensitivity analysis to support business decisions.
• Review OPEX and identify cost optimisation opportunities.
• Analyse inventory ageing, wastage, expiry, shrinkage, damages, markdowns and write-offs.
• Work with Operations and Supply Chain to resolve inventory variances and improve financial performance.

Group Procurement Cost Analysis

• Analyse procurement price variance across products, categories and business units.
• Monitor contractual vs non-contractual buying and identify opportunities for improved procurement compliance.
• Analyse mode-of-buying deviations and their financial implications.
• Manage Group incentive workings, approvals and coordination with HR and Payroll.

Business Partnering & Strategic Projects

• Lead and guide the commercial finance team responsible for MIS and analysis.
• Partner with eCommerce, Procurement, Sales, Supply Chain and other Group functions.
• Review business cases for new initiatives, categories, channels and investments.
• Evaluate ROI, NPV, payback, break-even and sensitivity analysis where applicable.
• Translate complex financial information into clear commercial actions.

What We're Looking For :

• CA, ACCA, CPA, MBA Finance or equivalent professional qualification.
• Strong experience in Commercial Finance, FP&A, Business Finance or Financial Planning.
• 4-5+ years of relevant experience, preferably in eCommerce, Retail, FMCG, Food, Distribution or another high-volume transactional business.
• Strong understanding of:
• P&L management
• Budgeting & forecasting
• Profitability analysis
• Inventory & working capital
• Advanced Microsoft Excel and strong financial modelling skills.
• Experience with Microsoft Dynamics 365 and Power BI is desirable.
• Strong commercial acumen and business partnering capability.
• Excellent stakeholder management and cross-functional coordination skills.
• Ability to challenge assumptions and convert financial analysis into actionable recommendations.
• Strong team leadership, review discipline and attention to detail.
• Commercial Finance | P&L Management | FP&A | eCommerce Finance | Pricing & Margin Management | Financial Modelling | Budgeting & Forecasting | Procurement Analytics | Business Partnering | Commercial Decision Support