Description:
This role is expected to not only provide routine financial reports for performance review & analysis, but also deliver business finance support to commercial team in the highly competitive KSA market. This will require the candidate to use strong analytical tools to integrate financial data and business outlook/market dynamics to generate meaningful reports & highlights, and further support business leaders to generate actionable initiatives.
How You Make An Impact (Job Accountabilities)
- Track and evaluate the financial performance by different dimensions (channel/product/customer), including sales, costs, and profitability
- Work closely with the commercial and pricing teams to provide financial support in decision-making related to pricing, promotions and sales deductions
- Participate in the development and evaluation of business cases for new projects and initiatives
- Customer profitability review with commercial to drive performance improvement and monitor execution of rebates, CAPEX and OPEX investments in compliance with contracts
- Conduct in-depth financial analysis, including budgeting, forecasting and variance analysis, to provide accurate and timely financials insights
- Performing monthly variance and trend analysis to find reasons for deviations in results relative to budget and forecast
- Partner with marketing team to manage the overall advertising/sales promotion budget
- Support the financial control processes and ensure compliance with international accounting standards and Valvoline guidelines
- Support the Order-to-cash activities and monitor customer collections
- Conduct comprehensive product profitability analysis, including but not limited to volume, rate, mix analysis, cost trends and macro-environment impacts
- Review manufacturing analyses and variances and initiate appropriate actions by partnering with manufacturing process owners
- Prepare and post monthly accruals related to sales incentives, rebates and promotions
- Ad hoc reports and tasks
Knowledge, Skills, And Competencies
- Professional qualification or Master degree in finance, economics or business administration.
- At least 5 years of relevant work experience in an international environment.
- Strong and proven knowledge of Accounting. (Big 4 experience would be a plus)
- Fluency in English language, both verbal and written. (Arabic language experience is a plus)
- IT skills - Strong knowledge in Microsoft Office especially Excel, financial modeling, reporting/financial systems (SAP preferred).
- Project management skills.
- Excellent communicative skills in different cultures and a flexible and service minded attitude. Strong customer focus.
- Excellent written and verbal communication skills, be able to listen and communicate effectively.
- Strong organizational and planning skills in a fast-paced environment, able to meet deadlines.
- Excellent analytical skills and conceptual capabilities, able to formulate and understand business issues, situations or problems by breaking them down into smaller parts and analyze them.
- Be able to interpret data and draw conclusions and provide focused guidance.
- Be analytical and have an eye for order, quality and accuracy. Be able to quickly see the core of the problem and able to translate this into practical solutions with checking the correctness and completeness.
- Flexible, able to cope with stress and deadlines, work well in a fast-moving environment.
- Able to obtain the right information in a variety of sources, by asking questions and doing desk research. Able to see the big picture while keen on detail.
- Hands on, proactive and problem solving mentality, always looking for process improvements and able to work on different projects at the same time.
- Desire to continually learn and develop as an individual as well as the team.