Finance Business Partner

2 weeks ago

Dubai, United Arab Emirates Jamjoom pharma Full time

Jamjoom Pharma has in a very short span of time emerged, as one of the leading pharmaceutical companies in the Afrasia region. The geographical focus of the company is on countries in the Middle East, Africa, and CIS regions. Strategic focus on selected therapeutic categories has contributed to the rapid growth, market acceptance, and overall success of the company.

**Role Summary**:
Finance business partners are finance professionals who work closely with a particular business unit creating a real and active partnership with both operations and management. Their role is to provide 'real time' support and analysis, to be a trusted adviser and to add value that will assist in decision making.
- Improving the impact, and understanding, of financial reporting on business performance
- Providing analysis and delivering insight that links financial reports to business strategies,
- Providing effective commercial procedures, or initiating change, to ensure key operational, commercial, and financial targets are delivered.
- Building partnerships and maintaining strong relationships with all senior managers and their teams
- Closely working with the Distributors across Gulf & Iraq region

**Responsibilities**:

- Develop trustworthy relationship with the Business to drive financial performance.
- Finance business partners actively influence day to day decisions, shaping strategy and the direction of the business.
- Interface as a ‘translator’ between finance and Sales.
- Must be commercially aware, by understanding and anticipating the needs of finance, operations, and management.
- Strong core business skills including influencing, stakeholder management, presentation and problem solving.
- Interpret data, assess its value, and impact on business performance and present the findings to the relevant stakeholders to aid their understanding.
- Evaluate business proposals with complete analysis of economic impact on business.
- Provide objective financial advice and opinions that positively impact the future choices of the business.
- Analyze financial information to produce business forecasts, taking into consideration conditions relevant to the pharmaceutical industry.
- Develop and Manage Financial Strategic Planning and Budgeting models used during annual budget and future analysis of business growth plans.
- Drive the preparation of annual budgeting and monthly forecasting (P&L, BS and Cashflow forecast)
- Provide analytical support to various business initiatives and ad hoc projects.
- Instigate and participate in all process improvement initiatives related to the Business Unit
- Develop Monthly Management pack and provide meaningful insight into the business performance.
- Work closely with the business to manage cash position, including debtor recovery.
- Be a trusted business partner, safeguarding company’s assets, margins, risks, and ethical business conduct.
- Ensure the business activities are conducted as per the SOPs and comply the local regulations.
- Involved in preparing the SOPs.

**Qualifications**:

- Bachelor of finance, accounting, or qualified accountant, either CA, ACA, ACCA, or CIMA.
- 4 to 6 years of experience in pharmaceutical industry is preferred.

**Skills**:

- Good presentation.
- Effective communication.
- Relationship building.
- Influence & Negotiation.
- Facilitation and conflict resolution.
- Strong business and financial acumen.
- Professional and ethical.

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