Finance Lead - Sales & Distribution (UAE)

IFFCO Group; United Arab Emirates; On-site; USD 150,000 - 250,000; Full time

Job summary

A leading FMCG company in the United Arab Emirates is seeking a Chief Financial Officer to oversee all aspects of finance, including accounting, budgeting, and reporting. The role requires a minimum of 10 years of experience with at least 3 years as CFO or Head of Finance. Ideal candidates will possess strong financial planning skills and experience in the FMCG sector. This position offers opportunities to lead a dynamic finance team while driving strategic financial goals.

Qualifications

• Minimum of 3 years as CFO or Head of Finance of a business unit.
• 10+ years of work experience post-financial qualification.
• Experience in a Sales Distribution company of FMCG products or FMCG manufacturing company.

Responsibilities

• Oversee all aspects of finance including accounting, budgeting, forecasting, reporting, and financial analysis.
• Ensure adherence to the budget and analyze deviations.
• Perform risk assessments and devise mitigation strategies.
• Provide timely reports on business performance.
• Oversee marketing spend control and intercompany reconciliation.

Skills

Business Acumen

Financial Planning and Analysis

Inventory and Production Costing and Control

Governance, Risk, and Control

Strategic Financial Management

Self and Team Management

Planning & Decision Making

Strategic Thinking

Change Management

Ownership & Result Orientation

Education

Masters or Bachelor in Finance

CA / ICWA / ACCA / ICMA / CPA

Job description

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Job Summary

• Overseeing all aspects of finance including accounting, budgeting, forecasting, reporting, and financial analysis.
• Responsible for ensuring that accounting activities are in accordance with generally accepted accounting principles, legal, regulatory, and organizational procedures.
• Responsible for ensuring financial statements are prepared as per IFRS guidelines and tax compliance as per local regulations.
• Monitors department policies and procedures to support the overall business objectives of the Finance Department.

Roles & Responsibilities

Financial Planning and Forecasting

Ensure adherence to the budget and analyze deviations.

Monitor profitability, overhead spends, and cost control.

Analyze data for SKU, category, and country-level improvements.

Risk Assessment and Compliance

Perform risk assessments and devise mitigation strategies.

Provide support for audits to ensure compliance.

Review corporate governance and regulatory compliance.

Business Performance Reporting

Provide timely reports on business performance.

Support analysis and action planning with MDs and CEOs.

Marketing Spends Oversight

Oversee marketing spend control and intercompany reconciliation.

Monitor accounts payable, receivable, and cash flow.

Drive the budgeting process across the business segment.

Monthly Closing and Auditing

Coordinate with MD/CEO on strategy and annual plans.

Ensure financial discipline and effective management information systems.

Identify market share opportunities and support buying strategies.

Assist the CEO in daily operations, financial results, and key metrics analysis.

Team Management

Supervise direct reports in their daily tasks and provide feedback.

KPIs

• Achievement of top-line and bottom-line targets.
• Growth rate in volumes, revenues, and new markets.
• Working capital management.
• Implementation of cost savings and reduction programs.

Work Experience Requirement

• Experience in a Sales Distribution company of FMCG products or FMCG manufacturing company.
• Minimum of 3 years as CFO or Head of Finance of a business unit.
• 10+ years of work experience post-financial qualification.

Qualifications

• Masters or Bachelor in Finance along with CA / ICWA / ACCA / ICMA / CPA.

Core Competencies

• Business Acumen
• Financial Planning and Analysis
• Inventory and Production Costing and Control
• Governance, Risk, and Control
• Strategic Financial Management
• Self and Team Management
• Planning & Decision Making
• Strategic Thinking
• Change Management
• Ownership & Result Orientation