Commercial Analyst – Al Futtaim Group

Commercial Analyst | Electronics OMASCO | Oman


1.   Providing financial & commercial support to SBU Management:

•   Review of monthly financial statements & provide explanation on variances

•   Review of rebate contracts

•   Evaluating special deals/ projects for Gross Margin flow down. 

2.   Ensuring Timely & Accurate reporting of MIS to HO:

•   Prepare Flash reports 

•   Balance Sheet review with HO

•   MBR pack after month end

3.   Annual Budget preparation, BR1, BR2 & Long Term Planning

•   Provide business information to HO to help in budget planning

4.   Reviewing internal controls and procedures for all operations and suggest improvements to HO

5.   Respond with comments and act on Internal Audit recommendations after HO review

6.   Principal Claim Management

•   Clarify queries on claims in coordination with Product Managers

•   Follow up for payment of Claims

7.   Co-ordination with SSF on AR, AP, GL, ICM and approve booking of entries

8.   Manage commercial activities and support the sales & product teams including Sales orders & timely invoicing

9.   Review project cost sheets and margins and ensuring that project costs are controlled within approved levels. Also assist in sub contractor payments and approvals

10.   Support sales team on evaluating credit worthiness and insurance coverage of customer 

11.   Manage the stock count of Retail outlets as well as warehouse 

12.   Ensure duty drawback claims are processed in time

13.   Approve credit notes for Price support/GV/Promotions/Sales returns

14.   Approve all Petty cash expenses

15.   Review BCA (Below Cost Approval) Forms; Write offs and scrapping.

16.   Prepare monthly incentive files & send to HO for approval

17.   Review AR aging and UACR with Sales team 

18.   Review Inventory aging with product Managers

19.   Provide finance support to all verticals like Projects/Services/Showroom

20.   Collect assets from employees while exiting the company & getting them removed from monthly charges

21.   VAT Return review & support    

22.   Interface with legal for sticky outstanding's and court cases.     

Job Details

Posted Date: 2022-09-21
Job Location: Oman
Company Industry: Accounting

Preferred Candidate

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