Management Accountant

2 weeks ago


المملكة العربية السعودية, Saudi Arabia Fonterra Full time

General Information:

  • Date Published 05Apr2023
  • Advertising Ends 16Apr2023
  • 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.

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 endtoend financial operations of the manufacturing business, including inventory management, costing, and manufacturing variances.
  • Support the monthend close process for SNZMP connecting with the stakeholders outside Saudi Arabia, including accruals and journals as appropriate
  • Identify costsaving 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 Adhoc 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 threeyear plan process onsite 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 highlevel 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.

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