Senior Financial Analyst
Location Egypt - Cairo Category Finance JOB DESCRIPTION
Objective: This role will provide the support and key source of financial expertise to the commercial business unit of Egypt.
Requirements:
Education: Bachelor’s degree in accounting/finance.
Experience: Minimum 4/5 years of experience in a financial analysis / accountancy or similar role
Skills:
Ability to partner with the Business Unit and provide financial leadership and key decision support
Ability to analyze and interpret financial and accounting data, and summarize in a manner which can be communicated to the business unit leaders in an efficient manner
Ability to plan, implement, and administer financial information and control systems
Knowledge of the principles, processes and standards for integrated financial analysis and reporting
Knowledge of the impact of market dynamics and competitor activity, and the ability to challenge assumptions of the business unit leaders
Financial analysis capability using MS Excel, PowerPoint and other tools
Good command of English
Core Job Responsibilities:
Autonomously evaluate and analyze financial information and business trends to develop reconciliations, variance explanations, risk assessments, and solutions. Provide financial advice, counseling, and recommendation that significantly influence the decision-making process and direction of business unit leader.
Develop and drive embedment of financial processes and tools (profitability analysis, LBE, ROI, sales discounts, etc.) for better control and predictability. Help institutionalize an “ROI mentality” across the organization.
Maintain the bonus, pricing, discount & volume details and update accordingly based on business unit and trade input. Calculate sales volume, price, and standard margin variances of SKUs within the business unit. Explain variances based on marketing and trade feedback.
Evaluate margin impact related to investment decisions, pricing and promotions, and business development opportunities to the business unit leaders to support the making of decisions.
Assist the Finance Controller in controlling marketing and operating expenditures in line with company financial instructions. Maintain the details of marketing activities and reconcile to the expenditure forecast.
Perform financial analysis on advertising and promotion programs to ensure optimum performance at lowest possible costs.
Track and monitor Trade budget utilization and assure compliance with defined company accounting principles within the business unit.
Maintain the business unit P&L actuals and forecast. Integrate all business unit assumptions into the business unit P&L and communicate in an efficient manner.
Act as the single provider of relevant business unit data to the Commercial Controller for consolidation into FP&A reporting including Plan, LBE, and long-term innovation forecasts. Provide explanation within the business unit for monthly reports including Sales Flash, MFR and quarterly D 6.0.
Perform financial analysis to support the Demand Planning function during Demand reviews & S&OP preparation.
Set up automated templates & reports. Maintain or improve existing financial templates and reports.
Develop professional relationship with the Egypt Distributor and responsible for distributor claim reconciliation.
Develop sound understanding of local Ethics & Compliance policies and review all marketing, advertising & promotional commitment of funds are in compliance with local OEC guideline.
Any Other Remarks
Other key behaviors which will lead to success in this role are:
Attention to details, ability to work on projects independently with minimum supervision, and a proactive attitude
Ability to identify non-value-added activities and modify processes to improve efficiency
Ability to communicate financial understanding efficiently and effectively to business unit leaders
Ability to demonstrate an understanding of the business, and challenge the assumptions of business unit leaders if necessary
Quickly modifies behavior to deal effectively with changes in the work environment
Gains agreement from commercial partners to support ideas or take action
Performs actions as promised. Ensures that words and actions are consistent. Presents information accurately and completely.
Job Id 31099190
Location Egypt - Cairo
Medical surveillance Not Applicable
Division EPD Established Pharma
Travel Not specified
Additional Location "Through the Wo-Mentoring Program at Abbott, I have been able to work with a knowledgeable mentor whose unbiased advice and feedback have helped me grow professionally and personally."
Jianqing Jin "I can tap a world of resources allowing my growth and development at Abbott. These resources support my current role and help me plan the next step in my career."
Nataliya Vinnichuk “I have grown personally and professionally in each step of my journey at Abbott. From a finance analyst to a senior finance manager, I have been allowed to learn and grow with the support of great mentors who provided me with the right training at the right time. I am passionate about looking at numbers analytically and now have the experience to mentor others in my field. But it’s not just about work, it’s about life. We truly care for each other here, and it’s great to have the flexibility to balance work and family.”
Kaneko Masahiro "Through the Wo-Mentoring Program at Abbott, I have been able to work with a knowledgeable mentor whose unbiased advice and feedback have helped me grow professionally and personally."
Jianqing Jin "I can tap a world of resources allowing my growth and development at Abbott. These resources support my current role and help me plan the next step in my career."
Nataliya Vinnichuk YOUR PRIVACY CHOICES
