Job Description

Job Purpose

To support business growth through budgeting and latest estimate (LE) activities, inventory control, and financial reporting, ensuring accurate accounting, tax compliance, and preparation of local financial statements in line with regulations.

Major Accountabilities Job Description

• Monitor receivables and coordinate with stakeholders to ensure timely follow-up and collection.
• Perform reconciliation analysis of sales with distributors on a quarterly basis.
• Prepare accruals as part of the month-end closing process and work closely with the accounting team to ensure accurate financial reporting.
• Record commercial invoices and reconcile Accounts Receivable entries with customers and internal systems.
• Manage bookkeeping, taxes (withholding tax, income tax, social security), tax clearance, and local financial statements in compliance with local regulations.
• Investigate monthly and ad hoc Cost of Goods Sold (COGS) variances, including budget and forecast reporting, to identify root causes and support decision-making.
• Verify warehouse stock movements, including monthly scrap and write-offs, and reconcile inventory balances at month-end and year-end with necessary adjustments and system updates.
• Manage the Trade Management System (TMS) cycle up to the gross profit level, ensuring accuracy, proper reconciliation, and compliance with reporting standards.
• Conduct volume-mix and price analysis to assess revenue performance and margin impact across brands and SKUs.
• Analyze profitability at the brand level by consolidating revenue and cost drivers.
• Prepare, review, and analyze distributor P&L reports on a quarterly basis, ensuring accuracy and providing actionable insights.
• Track operating expenses (OPEX), analyze actual results versus budget/benchmarks, and comment on variances.
• Ensure price lists are updated with Customer Service; verify free-of-charge (FOC) discounts and commercial adjustments are accurately recorded each month and reconcile FOC transactions between systems.
• Work closely with the Finance Manager during budget exercises and coordinate with Commercial and Supply Chain teams to gather required data.
• Assist in the preparation of management presentations related to forecasting and business performance reviews.
• Provide recommendations and alternatives to reduce costs and improve financial performance.
• Support and maintain internal control framework activities, ensuring proper documentation and execution of walkthroughs.
• Demonstrate strong numerical and analytical problem-solving skills, with a solid understanding of economic principles, tax regulations, and financial markets.

Job Dimensions

• Number of direct reports: As per organizational structure.

Job Profile Requirements, Competencies & Experience

• Bachelor's degree in Finance, Accounting, or a related field; CMA or CPA certification is an advantage.
• 2–4 years of relevant experience in corporate finance, financial planning & analysis (FP&A), investment banking, or related fields.
• Strong working knowledge of Microsoft Excel and financial modeling.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong attention to detail and accuracy.
• Full-time dedication to the position; residency in Baghdad is highly preferred.
• Self-motivated with the ability to work in a high-pressure environment and meet tight deadlines.
• Excellent interpersonal and presentation skills.
• Proficiency in MS Office applications and a good understanding of database and document management systems.

Education & Language Requirements

Education: Bachelor's degree in Finance.
Accounting, or a related field. CMA or CPA certification is an advantage.
Languages: English and Arabic (spoken and written).