Finance Director – S&D | Dubai, United Arab Emirates | Consumer Goods

Job title: Finance Director – S&D | Dubai, United Arab Emirates | Consumer Goods

Company: Mindfield Resources

Job description: Job DescriptionAs part of the Executive Leadership Team, the Director of Finance will oversee the financial management of the Sales and Distribution (S&D) business in a leading consumer goods organization. This role involves driving margin and profit enhancement, leading the annual budget and strategic 5-year plan, monitoring EBITA targets, and taking corrective actions based on commercial insights. The Director of Finance will play a key role in trade, category, and channel management.Key Responsibilities:Strategic Planning and Budgeting:

• Lead the development of the annual budget and the strategic 5-year plan for the S&D business.
• Collaborate with business leaders to ensure alignment with corporate objectives and strategic goals.
• Provide financial analysis and scenario-based planning to support strategic decision-making and adaptability.

Margin and Profit Enhancement:

• Drive initiatives to enhance margins and profits across the S&D business.
• Monitor key financial metrics, including EBITA targets, and implement corrective actions as needed.
• Analyze and optimize discounting strategies, channel mix, and pricing to maximize profitability.

Commercial Insights and Performance Monitoring:

• Track and report on commercial insights, including sales performance, trade spend, and promotional effectiveness.
• Provide actionable recommendations to improve financial performance and support business growth.
• Partner with trade, category, and channel managers to develop and implement strategies that drive sales and profitability.

Risk Management and Compliance:

• Identify and mitigate financial risks associated with the S&D business.
• Ensure compliance with corporate policies, accounting standards, and regulatory requirements.
• Lead internal and statutory audits, ensuring timely resolution of any issues.

Operational Excellence:

• Implement and maintain robust financial management information systems and processes.
• Introduce and monitor financial discipline, including inventory and credit control, within the S&D business.
• Manage working capital efficiently, ensuring timely payments to vendors, suppliers, and employees.

Reporting and Analytics:

• Provide regular reports to senior management on financial performance, including budget vs. actual analysis.
• Use analytics to assess financial health and drive continuous improvement.
• Support performance management efforts to enhance shareholder value and mitigate risks.

Corporate Governance and Financial Controls:

• Ensure robust internal controls and adherence to corporate governance standards.
• Monitor procurement strategies, capital expenditures, and fund releases in alignment with budgets.
• Support corporate treasury in managing FX risk through effective hedging policies.

Qualifications:

• CA /CPA, MBA Finance
• 18+ years in finance leadership roles within consumer goods. Experience in multi products and multi geography experience is a must have.
• Strong strategic planning and budgeting capabilities
• Excellent analytical and financial acumen
• Proficient in margin and profit enhancement strategies
• Effective communication and leadership skills
• Ability to drive operational excellence and continuous improvement.

Managing expectations: “At Mindfield, we strive for exceptional results, and we achieve this by understanding the needs of both our clients and candidates. We ask that you take note of our “must-haves” to ensure a successful application process. We look forward to building a long-term relationship with you. Mindfield – making a difference.”

Expected salary:

Location: Dubai

Job date: Sun, 02 Jun 2024 06:16:55 GMT

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