Finance Business Partner

Job Description

Finance Business Partner

Main Purpose of the Role:
In this role, working closely with CD Finance Business Partner in leading the finance function to forecast, analyse risks and guide the business, to assist in the measurement, planning & forecasting of activities and implications on the income statement and balance sheet. The Job holder of this position will also be responsible for driving the elaboration of monthly actual financials and developing, and interpreting financial planning, budget, and control for the business unit to enhance governance, cost control and financial performance of the BU, ensuring it delivers budget targets in terms of profitability, timely month end closing.
Your Key Tasks:
Financial Planning & Analysis

• • Develop trustworthy relationships with the Business units to drive financial management and processes.
  • Support operations in preparing P&L projections, analysis of financial viability of new investments and budget follow-up.
  • Reconcile timely Trade and consumer investments and provide visibility to the business.
  • Organize internal and external reporting, make constructive proposals and act as an internal consultancy to monitor the business.
  • Evaluate business proposals with a complete analysis of the economic impact on business.
  • Analyse financial and operational results to understand company performance better.
  • Utilizing BI tools to deliver meaningful insights into business performance.
  • Communicate to senior management the reasons behind the product/department performance and results.
  • Provide detailed analysis and commentary on product lines.
  • Liaise with supply chain to understand shipment, IMS and analyse forecast risks and Opportunities.
  • Reviewing operations and recommending new productivity or cost-saving initiatives.
  • Preparing business cases to support new investment, strategic and other business decisions.
  • Reviewing existing processes and procedures to develop recommendations for improvement efforts.
  • Evaluating previous budgets and expenditures to develop and implement future budgets.
  • Communicating results and recommendations to senior management for improvements that will lead to cost reduction, revenue generation and streamlining operations.

Team Management

• • Manage in-house and outsource team
  • Train and guide the team to perform their tasks with efficiency
  • Communicate all changes to the team on time

Other Tasks

• • Support the Media team by providing allocation ratios to be updated in Unify system
  • Actively support any changes in company ERP/other Software
  • Support Finance controller on different projects
  • Attend monthly governance call meetings 
  • Support in managing VAT at a tolerable level.
  • Oversee employee-related claims, EOSB payments, review of employee vendor accounts
  • Support in all automation projects
  • Support in replying to all VAT-related queries, including VAT Audit

Key competencies & skills:

• Interpersonal Skills
• Information Management
• Decision support & influencing
• Strong Organizational skills
• Strong presentation skills
• Knowledge of PowerApps / Power BI

Key Interfaces:

• Arabia and Levant Finance Directors
• 3rd party and Concern Customers
• FET and Business partners
• Supply Chain Finance
• Media team

Minimum Qualifications/education

• Preferably Internal Control experience of 2-5 years
• Bachelor’s Degree in Business or finance from an accredited university or college, MBA