Commercial Finance Manager

Job Description : COMMERCIAL FINANCE MANAGER UAE a market leading food and beverage manufacturer in their search for a Commercial Finance Manager to join their team based in the UAE. As the Commercial Finance Manager, you will be responsible for handling the accounts receivables of the company reporting directly to the Finance Director. Do you have proven experience working in a food and beverage organisation with manufacturing with a direct distribution model? Have you gained experience operating in a business that uses technology to drive the business vs old school methods? Are you energetic, passionate and want to work in a business where you can grow and develop? If yes, keep reading as this is an amazing opportunity! KEY RESPONSIBILITIES · Review of AR aging to ensure reduction in overdues and write offs · Ensure adherence to company policies for credit limits & days · Undertake necessary actions for reduction of overdues in line with market situation · Review of Annual BDA agreements with customers · Formulation and update the standard agreement templates for local and exports customers · Verifying the commercial and legal aspects of all agreements · Review and update of all processes and SOP's pertaining to Order to Cash including new customer set up, change in price / terms of trade, collection, reconciliation, etc. · Ensure accurate and timely provisioning for rebates/ rentals at month end as per agreements · Monthly reconciliations of all GL accounts pertaining to AR. · Timely reconciliation of all customer accounts and highlighting any discrepancy for timely action · Accurate invoice amount based on prices approved / updated in system · Daily reconciliations of Invoice and cash and any discrepancy highlighted and actioned · Timely reconciliation of all customer accounts and highlighting any discrepancy for timely action · Daily reconciliations of Invoice and cash and any discrepancy highlighted and actioned · Verification of all incentive payments to ensure adherence to incentive schemes · Assist sales teams in formulation of new incentive schemes to ensure linking of incentive payments to specific KPI's and results KEY INGREDIENTS · Previous experience in a food and beverage manufacturer · Ability to manage a high volume of invoices · Strong written and spoken English · Excellent interpersonal skills · Ability to effectively manage a team · Excel and Oracle skills ·

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