Finance Analyst, Sales

2 weeks ago


Dubai, Dubai, United Arab Emirates Johnson & Johnson Full time

Financial Analyst - Sales and GP

Location:
Dubai, UAE


Contract:
Full Time


Role Overview

  • Key objective of this role is to ensure correctness of J&J MedTech MEA (Middle East and Africa) Revenue and GP postings, including reserves, exchanges, returns, deferrals, and other financial adjustments
  • Coordinate creation, maintenance and release of revenue and GP reserves in a timely and compliant manner, in accordance with SOPs
  • Develop deep expertise in areas of sales and GP, including understanding of key business segments, franchises, and platforms
  • Leverage RPA tools to prepare monthly management reports and dashboards for sales & GP
  • Drive development of new RPA / automation solutions with the aim of reducing monthend cycle time
  • Understand and explain drivers of GP variances (country/product mix, price, etc.)
  • Coordinate with GS and Supply Chain teams to ensure timely revenue recognition based on principles of US GAAP and J&J policies and procedures
  • Own planning, monthend reporting and controlling (BVA) of other items impacting GP: purchase price variance, inventory adjustments, free goods, freight/duties, etc.
  • Manage quarterly latest estimate submissions for sales & GP and subsequent variance analysis to understand and explain the reasons for any differences between actuals and estimates. Drive development of automation solutions in this area.
  • Lead full GP planning for forecast cycles.

Duties & Responsibilities

  • Monthly close
  • Prepare sales and GP reports (Country sales file, Sales Dashboard, GP Analysis, sales commentary files, and others) in line with standard monthend schedule
  • Coordinate postings and release of revenue (grosstonet), COGS and Addback reserves and adjustment entries
  • Thoroughly understand and own sales and GP reserves, in collaboration with Business Unit Finance Controllers
  • Ensure correctness of sales and GP postings to enable meaningful management reviews
  • Business partnering
  • Drive consistency and integrity of financial processes where related to sales and GP (planning, month end, shortterm forecasting, management reporting, analytics)
  • Provide insight into impact of sales and GP drivers on reported financial performance (including GTN, Std COGS, PPV, Inventory Adjustments, FOC, OCNIS)
  • Management reporting
  • Prepare quarterly SGP review decks for Middle East management Board reviews
  • Business planning
  • Lead GP planning process by providing insights and driving consistent approach; set up planning templates; ensure overall process integrity
  • Collaborate with Business Unit Finance Controllers and Commercial Excellence team to ensure key insights are captured in GP planning (anticipated price changes, product mix changes, etc.)
  • Collaborate with regional GS and FP&A teams to ensure integrity of plan submissions and actuals
  • Support the BUF team on ad hoc tasks as assigned by manager

Qualifications:

Qualifications

  • Minimum Bachelor's degree in Finance, Accounting or related area
  • Minimum 3 years of work experience in Finance
  • Highly skilled in MS Excel; ability to work with large datasets quickly and efficiently
  • Knowledge of Power Query and Power BI are a major advantage
  • Sense of urgency and ability to work under time pressure while keeping high level of quality
  • Strong communication skills; ability to summarize and articulate complex concepts in simple ways
  • Ability to work in a highly complex, dynamic environment
  • Working knowledge of JDE 8.12 and SAP are an advantage
Fluency in English (written and oral)
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