Associate Manager - Trade Marketing spend - controller

IFFCO; Saudi Arabia; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading company in the FMCG sector is seeking a qualified finance professional to manage TMI spends, ensuring compliance with AOP targets and facilitating smooth financial operations between sales, marketing, and finance teams. The ideal candidate will have significant experience in trade marketing controls and finance, along with an ACCA or MBA qualification.

Qualifications

• 5+ years of related experience, specifically in trade spend controls.
• Solid experience in FMCG.
• Experience engaging with Modern trade finance for account reconciliation.

Responsibilities

• Coordinate approvals of each spent by category and tactics.
• Ensure monthly TMI expense doesn’t exceed AOP target.
• Track monthly approvals of claims and ensure timeline compliance.

Skills

Knowledge of Value Chain Management

Trade Marketing

Sales and Distribution Strategy Management

Effective communication

Planning & Decision Making

Education

ACCA

MBA in Finance

Job description

Job Summary

Job Location: Jeddah

1. To control the overall TMI spends in the company with the support of sales and marketing team
2. To ensure SOA of Modern trade customers are reconciled
3. Acting as a bridge between finance, Trade marketing team, Siebel IS and GBS ensuring smooth processing of monthly trade marketing claims to customer.

Roles & Responsibilities

1. To work in close coordination with Trade marketing and Sales team on getting approvals of each spent by category and tactics
2. To track and ensure that monthly TMI expense doesn’t exceed AOP target
3. To track monthly approvals of claims with TM team and category team and have full control on the process and ensure claims are closed as per SOP timelines
4. To work closely with GBS team to ensure that all TDA are reflected in Siebel
5. To ensure due supporting are available to process the claim in system
6. Passing of CN relating to TDA in oracle
7. Close coordination with GBS and IS team for any resolution of stuck TDAs
8. Revalidating the spends in BDA with MT customers and ensure these are processed correctly in the system
9. Coordination with regional finance team in order to release
10. Review of the E invoicing portal for VAT purposes to ensure that all invoices are cleared in ZATCA portal
11. Close coordination with IS team to resolve any E invoicing issues
12. Ensuring compliance of VAT law in credit notes issued from Oracle for TDA
13. Prepare a weekly TDA tracker and present it to CEO
14. Monthly SOA reconciliation of TOP 8 MT customers and work closely with various stakeholders to close any open items
15. Oversee development of appropriate systems and policies to enable capability development of employees

KPIs

• Timely approvals of TMIs spends
• TMI spends within AOP targets
• Closure of TMI related customer credit notes in system
• E invoicing implementation
• Monthly MT SOA reconciliation
• TMI Budget management & Maintenance in Siebel

Work Experience Requirement

5+ years of related experience including solid experience in FMCG, specifically in trade spend controls & engaging with Modern trade finance for account reconciliation.

Qualification

ACCA or MBA in Finance from prestigious universities

Competencies

• Knowledge of Value Chain Management
• Trade Marketing and Category management
• Sales and Distribution Strategy Management
• Consumer Behavior B2B and B2C
• Knowledge of International and/or Local Laws and Regulations
• Effective communication
• Self and Team Management
• Planning & Decision Making
• Customer Centricity
• Ownership & Result Orientation