Finance Controller at Oved Global Concept

Job Description

• Finance Manager of an FMCG company who will be responsible for providing strategic leadership in financial planning, analysis, and management to optimize the company’s profitability and ensure sustainable growth.
• The FM will oversee all financial operations, including budgeting, forecasting, accounting, tax planning, and financial reporting, while supporting the company’s overall business strategy in a competitive and rapidly changing consumer goods market.

Key Responsibilities

• Develop and implement the company’s financial strategy to support business growth and market expansion.
• Advise the executive team on financial performance, business risks, and opportunities for cost efficiencies.
• Lead the budgeting, forecasting, and long-term financial planning processes.
• Monitor financial performance, analyze trends, and provide actionable insights to enhance profitability and operational efficiency.
• Oversee and analyze cost control measures across the supply chain, production, and logistics functions.
• Implement cost-reduction initiatives without compromising brand positioning and market share.
• Work closely with supply chain and operations teams to optimize inventory levels, reduce waste, and improve turnover rates.
• Use data analytics to forecast demand and optimize production planning to minimize stock-outs or excess inventory.
• Monitor key performance metrics such as revenue growth, market share, and profitability by product line and region.
• Implement financial risk management strategies to mitigate exposure to currency fluctuations, commodity price volatility, and credit risks.
• Ensure that the company has a robust system of internal controls to protect against fraud, financial misreporting, and operational risks
• Coordinate with external auditors and regulatory bodies for annual audits, tax filings, and financial reporting.
• Build and maintain strong relationships with key stakeholders, including investors, regulators, banks, and suppliers.

Requirements

• Bachelor's Degree in Finance, Accounting, Economics, or a related field. An MBA, CPA, or CFA qualification is strongly preferred.
• Minimum of 10-15 years of progressive financial management experience, with at least 5 years in a CFO or senior finance leadership role, ideally within an FMCG or consumer goods company.
• In-depth understanding of the FMCG sector, including supply chain dynamics, consumer behavior, pricing strategies, and market competition.
• Strong knowledge of IFRS/GAAP financial reporting and internal control.

Skills:

• Strong financial acumen and proficiency in financial analysis, forecasting, and cost management.
• Experience in managing global supply chains, inventory, and production cost structures.
• Excellent leadership and people management skills, with a proven track record of building and leading high-performing finance teams.
• Strong communication and presentation skills for dealing with senior executives, board members, and investors.

Key Competencies:

• Analytical Skills: Ability to analyze complex financial data and identify trends to guide strategic decision-making.
• Cost Management: Expertise in optimizing production, supply chain, and inventory costs to improve profitability.
• Commercial Acumen: Strong understanding of the consumer goods market and the ability to align financial strategies with business needs.
• Problem Solving: Capability to develop innovative solutions for managing financial risks, improving efficiencies, and addressing market challenges.