Senior Executive
3 weeks ago
At Jaden Executive Search & Recruitment Specialists, we are seeking a highly skilled Senior Executive - Finance Commercial (Modern Trade) to join our team. As a key member of our finance department, you will be responsible for managing the financial operations related to modern trade channels.
Key Responsibilities:
Financial Planning and Analysis:
- Develop and manage budgets and forecasts for modern trade channels, ensuring timely and accurate financial reporting.
- Analyze financial performance and variances, providing insights and recommendations to improve profitability.
- Monitor and report on key financial metrics, including sales, margins, and expenses.
Commercial Finance:
- Collaborate with the sales team to develop pricing strategies and promotional plans, driving revenue growth and market share.
- Evaluate trade investments, discounts, and promotions to ensure maximum ROI and optimize our commercial finance strategy.
- Support negotiation with key modern trade partners on terms and conditions, ensuring mutually beneficial agreements.
Accounts Receivable Management:
- Oversee the invoicing process and ensure timely collection of receivables, minimizing bad debt and optimizing cash flow.
- Reconcile accounts and resolve any discrepancies with modern trade partners, ensuring accurate financial reporting.
- Monitor credit limits and manage credit risk for modern trade customers, ensuring compliance with our credit policy.
Compliance and Reporting:
- Ensure compliance with financial policies, procedures, and statutory regulations, maintaining a strong control environment.
- Prepare monthly, quarterly, and annual financial statements and reports, providing insights and recommendations to improve our financial performance.
- Liaise with auditors and ensure smooth conduct of internal and external audits, demonstrating our commitment to transparency and accountability.
Qualifications and Skills:
- MBA or professional certification (CMA preferred)
- 5+ years of experience in finance, preferably within the FMCG/retail industry or modern trade environment.
- Strong analytical and financial modeling skills, with the ability to interpret complex financial data and provide actionable insights.
- Proficiency in financial software and ERP systems (e.g., SAP), with experience in financial planning, budgeting, and forecasting.
- Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams.
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