Commercial Finance Manager
December 30, 2021
Finance| Commercial Finance
About the job
Capiter is a B2B marketplace that brings together FMCGs, wholesalers and merchants to the same platform, enabling merchants to order their products through the e-commerce platform and receive credit on their purchases. As of today it’s serving 30k+ merchants and +150 FMCGs and wholesalers. Focus is to create value for merchants and improve their income through technological disruption.
We are a versatile team of close to 130 problem solvers who love making the impossible possible. We strive for a diverse and entrepreneurial company culture with people who are curious and want to be the best at what they do.
We are backed by top tier VC’s such as MSA, Shorooq Partners and Accion and some of the most successful entrepreneurs in the Middle East.
Job Summary and reporting line:
This role will be reporting to the Head of Commercial Finance, the Commercial Finance Manager will work closely with the management and the commercial team to increase Capiter’s efficiency and profitability by assisting with the formulation of both the medium and long-term financial plan.
Key Result Areas (Accountability & Responsibility of the role)
The role responsibilities will include, but are not limited to:
Building, managing and developing a team of Financial and Business Analysts, to assist and support the commercial team’s strategy.
Working closely with the commercial team to formulate the business's medium to long term financial and strategic plan
Setting and reviewing existing processes and procedures, to develop recommendations for improvement and ensuring that they are fulfilled.
Work with the commercial head to build annual budgets and forecasts.
Review commercial plans and recommend adjustments to help the company perform better.
Analyse financial results and communicate insights from analysis of actuals vs forecasts at a detailed level to better understand company performance.
Work on competitor analysis, market trends and associated commentary to present to the management.
Utilize BI tools to deliver meaningful insights into business performance.
Provide insights to the management based on financial modelling, forecasts and profitability.
Key Skills Required For this position :
Building and leading a team.
High degree of ownership.
Strong analytical competency and highly experienced with financial modelling.
Comfortable in working with ambiguity in a fast-paced and a dynamic environment.
Ability to communicate clearly and effectively, with multiple stakeholders and multiple backgrounds.
Bachelor’s degree in Finance, Accounting or other Business fields.
8+ years of experience in the finance field. A minimum of 3+ years of experience in commercial and financial analysis.
Experience in working with, and presenting to, senior management.
Excellent English and Arabic communication skills (fluency in reading, writing, speaking).