Commercial Financial Analyst

Al Rashed Food Company; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the FMCG sector seeks a Finance Analyst to prepare detailed financial reports, conduct performance analysis, and develop budgets. The ideal candidate will have a strong background in accounting or finance, with hands-on experience in financial modeling and FMCG operations. This opportunity provides a chance to contribute to significant financial decisions in a dynamic business environment in Dubai.

Qualifications

• 4 years of financial analysis and modeling experience required.
• Advanced knowledge of Excel is essential.
• Hands-on experience in the fresh FMCG business preferred.

Responsibilities

• Prepare monthly P&L reports and provide deep insights into financial performance.
• Conduct detailed reviews of cost drivers to optimize operations.
• Monitor marketing expenses against ROI and evaluate SKU performance.

Skills

Financial Analysis

Modeling

Excel

Business Intelligence Tools

Education

Bachelor's degree in Accounting, Economics, or Finance

Tools

JDE Edwards Oracle

Job description

Responsibilities

• Prepare monthly P&L reports segmented by route, depot, region, SKU, category, customer, customer class, and channel.
• Provide deep insights into financial performance with granular analysis to highlight areas requiring immediate attention.
• Develop and maintain monthly rolling forecasts by SKU and category, aligned with the NSM and GM.
• Use historical trends and budget data to challenge stakeholders and validate assumptions for accuracy.
• Identify margin improvement opportunities through analysis of van utilization, product mix, drop size ratios, pricing, discounts, and wastage.
• Conduct detailed reviews of cost drivers and propose actions for optimization.
• Pinpoint high-wastage areas and define KPIs to reduce wastage below budgeted levels.
• Gain a thorough understanding of the Fresh business model, including customer classification, call plans, and drop sizes, to address challenges effectively.
• Prepare detailed annual volume and overhead budgets by SKU, route, depot, region, customer, channel, and customer class.
• Justify overhead budgets by GL account.
• Track and analyze marketing and trade marketing expenses versus ROI.
• Monitor promotions, discounts, and trade offers daily/weekly/monthly to ensure objectives are met.
• For key accounts, set outlet-level promotional targets using breakeven analysis and follow up on achievement.
• Evaluate SKU performance (volume, value, margin) by region and route to recommend discontinuation where necessary.
• Provide closing estimates by SKU/route/depot/region showing volumes, revenues, and margins using MTD data to forecast full-month performance.
• Perform value chain analysis for new/existing products and promotions.
• Track innovation performance, identify gaps, and ensure corrective actions are taken.

Requirements:

• Bachelor's degree in Accounting, Economics, or Finance or equivalent experience
• 4 years of financial analysis and modeling experience
• Advanced knowledge of Excel
• Hands-on experience on JDE Edwards Oracle software.
• Hands-on experience in the fresh FMCG business and knowledge of BI tools.