Salary
AED 35500 - AED per month
Job Type
Full-Time
Job Description
Job Title: Business Unit Finance Manager
Job Summary:
As the Business Unit Finance Manager, you will play a crucial role in managing the MIS for the business, conducting Business Performance analyses, and supporting the Finance head/manager in developing financial budgets. Additionally, you will be involved in business partnering with other functions and contributing to the expansion of the category in different regions.
Roles & Responsibilities:
- Develop Business Unit Financial Budgets related to Sales, Materials, Utilities, Cost, and projected P&L in alignment with Corporate Strategy.
- Manage MIS and conduct Business Performance analyses to ensure business health and achieve P&L objectives.
- Ensure compliance with credit policies for both receivables and payables, managing cash flow effectively.
- Establish robust costing systems for material, process, end product, and overheads to determine product pricing and realizable margins.
- Determine end-to-end profitability for each customer (manufacturing and distribution).
- Provide required information and analysis to corporate functions.
- Support finance manager with expansion projects for category development.
- Oversee and support operational activities for Business Units under the category.
- Uphold and practice IFFCO’s vision and values.
Key Performance Indicators (KPIs):
- Financial Accuracy.
- Support BU to achieve Budget Numbers.
- Efficient costing.
- End-to-end customer profitability.
Work Experience Requirement:
- Minimum 8 years of relevant experience in FMCG/manufacturing environment.
- Experience in M&A projects is an added advantage.
Qualifications:
- Chartered Accountant or equivalent accounting qualification.
- MBA in Finance (preferable).
Competencies:
- Financial Compliance.
- Credit Control.
- Financial Planning and Analysis.
- Risk Mitigation.
- Business Planning and Forecasting.
- Effective Communication.
- Self and Team Management.
- Planning & Decision Making.
- Customer Centricity.
- Ownership & Result Orientation.
Job Openings at IFFCO
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