About the position
We are looking for a Finance Manager, to provide support to the clients leadership in achieving its organizational objectives. This position will be responsible for monitoring the financial performance of the clients business as well as supporting the commercial teams in the financial planning and analysis for business planning and strategy. The Finance Manager will ensure that the Commercial team is appropriately monitoring and reporting on both business performance against targets.
Your contribution
- Review and assess proposed investment plans for the business in conjunction with other stakeholders (marketing, finance, supply chain, regulatory and quality assurance, etc) to test viability, risks, and implications on costs and budgets/forecasts.
- Manage the financial operations for the business in accordance with financial governance standards; this includes the supply chain management functions.
- Work closely with the Commercial team and the departments to establish commercial standards of financial and business performance planning and monitoring and identify areas for improvement
Primary Functions/Goals:
- Partner closely with Commercial teams to achieve their business goals
- Lead both the finance & Supply Chain Management - demand/supply functions within assigned markets towards sustainable / profitable and accelerated growth
- Ensure that financial processes and disciplines are in place to sustain the organisation’s goals as well as enhance the current processes
- Manage the whole forecasting process and supervise both the customer service function along with the demand and forecasting function
- Manage customer, service providers and internal/external auditors relationships
Major Responsibilities:
- Provide financial direction, guidance & leadership for the assigned markets by creating and sustaining a healthy growing business to support the clients financial goals
- Develops an annual financial plan that is consistent with the clients business goals
- Lead the budgeting, planning, analysis and reporting activities for the assigned markets
- Hands on reporting and planning systems. Ability to use systems for planning/Forecasting and Monthly financial reporting
- Supervise the monthly/quarterly/ Annual financial close
- Lead the forecasting and demand and the customer service functions
- Close follow up on In-market sales and stocks at wholesalers level
- Actively participate in all acceleration plans, business deals, in-licensing / divestiture and other strategic alliance opportunities within assigned territories
- Own the full P&L, B/S transactions and related monthly tracking of expenditures
- Full ownership of the working capital
- Regular Balance sheet reviews ensure all reconciliation are properly documented
- Proactive participation in setting & follow-up on the necessary credit terms, facilities and distributor/wholesaler relationships across assigned markets
- Own and foster financial disciplines in alignment with the clients policies and procedures across assigned territories
- Meets sales and margin commitments for the organization’s business
- Ensure that all the clients practices are in compliance with the local legal laws and regulations in each country/market within which it operates.
- Lead, manage and develop a team of direct reports
Requirements
- Bachelor’s degree in Finance, Economics, or Business qualification. Post graduate qualification in finance or MBA is preferred.
- 7 + years of progressive experience in a commercial finance role, managing business unit or product P&Ls.
- Willing to be hands on, involved on day to day business activities
- Demonstrated ability to manage, motivate, coach, and develop people
- Analytical skills to digest and quickly grasp large amounts of data, and to recognize key issues / opportunities and act accordingly
- Demonstrated managerial courage to make and stand by difficult decisions
- Demonstrated responsibility for adhering to all local laws and with full compliance of Pharma and Medical Technology policies/procedures
- Demonstrated entrepreneurialism and ability to work in opportunistic markets
- Proven experience in handling in & out-licensing activities and sizeable business development deals / acquisitions
- Cost conscious mentality with an ability to drive change cross culturally and implement with speed
- Broad knowledge and ability to handle broad distributorship networks, challenges and varying sourcing models
- Ability to manage financial ERP systems across but not limited to full functional Finance scope of operation
- Experience in implementing and running monthly MBR
- Experience Supply and Demand processes
- Commercial sector background, Pharmaceutical & Consumer/FMCG industry will be a bonus
Other
- Demonstrable ability to execute fully in the above role
- Motivated, high-potential performer, with demonstrated ability to influence and lead
- Proactive problem solver
- Strong communicator with excellent interpersonal skills
- Able to navigate within various functions in the organization
- Able to solve complex problems and successfully manage ambiguity and unexpected change
- Teachable and embracing of best practices and feedback as a means of continuous improvement
- Consistently high achiever marked by perseverance, humility and a positive outlook in the face of challenges
Desired Skills:
- Business Acumen
- Business Planning
- Economics
- Finance
- Financial Data
- Management
