Management Accountant

General Information

Date Published
‎05-Apr-‎2023
Advertising Ends
‎16-Apr-‎2023
Country
Saudi Arabia
Location
Saudi Arabia
Role Type
Accounting & Commercial
Work Type
Permanent
ID#
‎4411

Position Description

ABOUT THE COMPANY
Middle East & Africa is a complex business region that is comprised of ‎3
sales offices and a manufacturing site with ‎200 employees from ‎30
nationalities across the Foodservice, Consumer and Ingredients channels. Based
out of the Dammam office, you will join a fast-paced, energetic team who have
a winning mentality. Our mission in MEA is simple one, we want to make a
meaningful contribution to the Co-Op's overall LTA by driving new businesses
across our key markets in the region, ensuring we get the best value out of
each drop of milk.

ABOUT THE JOB
We are looking for a Management Accountant, who leads the financial and
supports the commercial management of Saudi New Zealand Milk Products (SNZMP).
This is a key leadership/people manager role in the wider Middle East and
Africa Commercial team that ensures the delivery of quality commercial
guidance, finance operational processes, and insightful, timely and accurate
management reporting.
This role will require the ability to challenge commercial and financial
aspects of the business to drive and improve business performance.
Specifically, this involves analysis, interpretation and reporting of results,
including identifying opportunities and applying commercial acumen to ensure
timely and robust decision making
The Management Accountant is required to troubleshoot and resolve complex
finance queries across SNZMP. This will include resolving local tax issues,
reporting, and regulatory and statutory issues and coordinating with support
from relevant teams in NZ as required.
Role Accountabilities:
* Lead a team to ensure that the regional/business unit financial and statutory requirements are met for SNZMP, including monthly reporting. Manage the end-to-end financial operations of the manufacturing business, including inventory management, costing, and manufacturing variances.
* Support the month-end close process for SNZMP connecting with the stakeholders outside Saudi Arabia, including accruals and journals as appropriate
* Identify cost-saving opportunities, implement cost controls, and analyse the business 's cost structure. Use your understanding of manufacturing accounting principles to identify opportunities to reduce costs.
* Inventory management, including monitoring of inventory levels, cost accounting (Ensuring that inventory costs are accurately recorded and allocated), inventory valuation, reporting and regular audits
* Support internal and external audit processes, ensuring the smooth completion of the audits
* Complete Ad-hoc projects as required, such as capital requests
* Manage and develop a strong relationship between the Dubai Head Office and Factory at a senior level
* Support the development of a performance management framework for SNZMP and work proactively across the business and management group to implement the necessary corrective actions.
* Contribute to the SNZMP reporting framework for the MEA Lead Team
* Communicate business performance with the insights to stakeholders informed and that management is in control.
* Support the annual budget and three-year plan process on-site operating costs and capital
* Support the business plans and monthly forecast for the business.

ABOUT YOU
You would possess the following:
* Bachelor 's Degree in Accounting, CA qualification or Post Graduate degree preferred
* ‎7+ years of experience in accounting/financial reporting in a manufacturing environment, FMCG experience preferred
* In depth understanding of leading finance principles and practices, Thorough understanding of Fonterra finance processes and business units preferred
* Excellent interpersonal skills and ability to interact with people at all levels of the organisation
* Previous experience in similar high-level finance roles.
* Good influencing skills.
* Strong MS Office skills, especially in Excel
* Excellent communication skills both written and oral

Applications close on 16th April ‎2023.
This is an opportunity to work within a collaborative and connected culture
with inspiring leaders and capable, passionate people - apply online today!