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Finance Head - Iraq

Confidential Company

Posted on May 12, 2019

14 - 18 years $10,001 - $15,000 Baghdad - Iraq

MBA/PG Diploma in Business Mgmt, Chartered Accountant(Chartered Accountant), CA Inter(Chartered Accountant), Inst. of Cost & Works Accountants(Cost & Works Accountant). Any Arabic National, Iraqi

As per industry standards

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Job Description

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Direct responsibility for BU Finance function, support CEO/Management in operational and strategic decision making through financial reporting, analysis and performance monitoring. Facilitate structured BU business reviews. Actively support BU annual Operating Plan exercise per corporate guidelines. Build a high performance Finance team.

Key responsibilities
• Drive day-to-day business performance through timely release of accurate financial results and forecasts, analysis and monitoring of key business performance metrics including margin control, brand/ customer profitability, NPD, SKU rationalisation, etc. Facilitate structured business reviews.
• Actively support development of long term BU Strategy and Annual Operating Plan as per Corporate guidelines.
• Ensure cost and budgetary control over product costing, manpower and other overheads.
• Negotiate with bankers for line of credit when required.
• Monitor capital expenditure expansion for the Unit.
• Continuously monitor foreign currency, interest and counter party risks. Help devise risk management strategies.
• Ensure all statutory compliance are met including Income Tax
• Ensure strict compliance with Group policies and processes, including DOA, Accounting Manual and other finance Guidelines. Critically examine and help strengthen existing BU systems, workflows, procedures, policies and internal controls.
• Ensure compliance with applicable laws. Facilitate BU statutory and internal audits.
Provide functional expertise and guidance to BU Finance team. Build-up a well motivated, high performance Finance team

Business support & performance monitoring.
Timely release of accurate financial results and forecasts.
Cost and budgetary control.
Working capital management including credit and inventory control.
Safeguard BU assets. Continuous risk assessment.
Lead/support special BU/Corporate initiatives.
Compliance with Group policies and applicable laws.
Team building and development.

Reporting Relationship
Direct: to CEO
Dotted line: to Director Finance
Direct Reports
BU Finance team

Must have:
• Minimum 12 years relevant experience in manufacturing company/ Edible Oil/Paints- Pref FMCG/Consumer Goods. 3 years in leadership role/level. k
• Professional qualification (CA/ICWA/Equivalent OR MBA with specialization in Finance from a reputed Business School.
• Hands-on exposure to Oracle, SAP or other major ERP.

Language Fluency: Competent in English for both oral and written communication.

FMCG / Foods / Beverages

Finance / Treasury


Financial reporting Financial Analysis Budgeting Operations Administration Financial Accounting Costing

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