
Commercial Finance Role
6 days ago
The Finance Associate plays a crucial role in providing commercial finance support to the business teams. This includes assisting with financial analysis, budgeting, and control for the business unit.
The role involves working closely with cross-functional teams to drive financial performance and optimize business decisions. The Finance Associate will report directly to the finance manager and have a dotted line to the General Manager for Oman.
Key Accountabilities:
- Supervising and monitoring debit notes/Credit notes as per principal/Customer agreement & terms agreed.
- Providing financial analysis and support to business partners on key initiatives and strategic decisions.
- Preparing and analyzing monthly financial reports and data to monitor business performance against forecast.
- Developing and maintaining financial models to support business decisions.
- Collaborating with cross-functional teams to identify business trends and drivers.
- Participating in ad-hoc analysis and projects as needed.
- Ensuring compliance with internal controls, policies, and procedures.
- Supporting the finance manager in improving financial performance.
- Supporting the finance manager for respective BU for annual planning and budgeting exercise.
- Reconciling accounts, vendor, customer, and intercompany balances, ensuring accuracy and timely resolution of discrepancies.
- Maintaining detailed documentation and audit trails for all reconciliation activities.
- Assisting with annual audit schedules related to the GL.
Requirements:
- Min of 2-4 years of relevant Commercial finance experience in a well-developed corporate finance environment.
- Ideally studying for qualification in one of the following international qualifications: CIMA, ACA, ACCA, CPA, CFA or Graduate from top university or business school.
- B2B Distribution, FMCG and Retail finance experience a plus.
- Dynamic, driven and energetic.
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