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This position is responsible to support the Commercial Controller in KSA with business control tasks. 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.
Job Responsibility:
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
Requirements:
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
Fluency in English language, both verbal and written
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
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
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