Strategic Finance Manager for Kuwait Retail Channel
1 day ago
Job Overview
Americana Foods seeks a highly skilled Strategic Finance Manager to oversee and manage the financial operations of the retail channel in Kuwait. This role involves detailed financial management, including D&A management, budgeting, forecasting, variance analysis, and supporting commercial decisions to drive revenue growth and cost efficiency.
Key Responsibilities
- D&A Management: Lead the BDA discussion with the commercial team and drive efficiencies by examining trade spend claims submitted, verifying supporting documents for accuracy, completeness, and adherence to company policies, and identifying discrepancies or inconsistencies.
- Reporting and Analysis: Consolidate and interpret financial results on a monthly and quarterly basis, presenting them to management, and provide detailed reports on variances from the established budget, highlighting reasons for these variances.
- Strategic Financial Planning: Present a clear outlook for the remaining fiscal year, highlighting full financials and key takeaways, and work closely with Sales Managers to plan and optimize trade spend and investments at the channel and customer levels.
- Support and Compliance: Provide financial support to commercial and marketing teams to drive the Revenue Growth agenda, ensure all promotions have necessary permissions and comply with regulatory standards before execution, and maintain Gross to Net percentages as per budget.
- Pricing and Product Profitability: Maintain and review price lists to trade to drive pricing opportunities or non-compliance, and prepare full P&L for newly launched products.
Qualifications, Skills & Experience
- Bachelor's degree in Finance, Accounting, or related field.
- Minimum of 5 years' experience in financial management, preferably in a similar role.
- Strong analytical skills and proficiency in financial software.
- Detail-oriented with a focus on accuracy and precision.
- Excellent communication and interpersonal skills.
- Proficient in Microsoft Excel and financial analysis tools.
- Knowledge of trade spend management systems and ERP software is a plus.
- Previous experience in trade spend analysis or related financial roles is preferred.
Salary Estimate: KWD 3,500 - 4,200 per month (dependent on qualifications and experience), based on industry standards for finance professionals in Kuwait.
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