Senior Financial Analyst - Abbott 

Primary Job Function

• This role will provide the support and key source of financial expertise to the commercial business unit of Egypt.

Core Job Responsibilities

• Autonomously evaluate and analyze financial information and business trends to develop reconciliations, variance explanations, risk assessments, and solutions.
• Provide financial advice, counseling, and recommendation that significantly influence the decision-making process and direction of business unit leader.
• Develop and drive embedment of financial processes and tools (profitability analysis, LBE, ROI, sales discounts, etc.) for better control and predictability.
• Help institutionalize an “ROI mentality” across the organization.
• Maintain the bonus, pricing, discount & volume details and update accordingly based on business unit and trade input.
• Calculate sales volume, price, and standard margin variances of SKUs within the business unit.
• Explain variances based on marketing and trade feedback.
• Evaluate margin impact related to investment decisions, pricing and promotions, and business development opportunities to the business unit leaders to support the making of decisions.
• Assist the Finance Controller in controlling marketing and operating expenditures in line with company financial instructions.
• Maintain the details of marketing activities and reconcile to the expenditure forecast.
• Perform financial analysis on advertising and promotion programs to ensure optimum performance at lowest possible costs.
• Track and monitor Trade budget utilization and assure compliance with defined company accounting principles within the business unit.
• Maintain the business unit P&L actuals and forecast.
• Integrate all business unit assumptions into the business unit P&L and communicate in an efficient manner.
• Act as the single provider of relevant business unit data to the Commercial Controller for consolidation into FP&A reporting including Plan, LBE, and long-term innovation forecasts.
• Provide explanation within the business unit for monthly reports including Sales Flash, MFR and quarterly D 6.0.
• Perform financial analysis to support the Demand Planning function during Demand reviews & S&OP preparation.
• Set up automated templates & reports.
• Maintain or improve existing financial templates and reports.
• Develop professional relationship with the Egypt Distributor and responsible for distributor claim reconciliation.
• Develop sound understanding of local Ethics & Compliance policies and review all marketing, advertising & promotional commitment of funds are in compliance with local OEC guideline.

Qualification & Experience

• Bachelor’s degree in Accounting/Finance.
• Minimum 4 to 5 years of experience in a financial analysis/accountancy or similar role.
• Fluency in English.
• Ability to partner with the Business Unit and provide financial leadership and key decision support.
• Ability to analyze and interpret financial and accounting data, and summarize in a manner which can be communicated to the business unit leaders in an efficient manner.
• Ability to plan, implement, and administer financial information and control systems.
• Knowledge of the principles, processes and standards for integrated financial analysis and reporting.
• Knowledge of the impact of market dynamics and competitor activity, and the ability to challenge assumptions of the business unit leaders.
• Financial analysis capability using MS Excel, PowerPoint and other tools.
• Attention to details, ability to work on projects independently with minimum supervision, and a proactive attitude.
• Ability to identify non-value-added activities and modify processes to improve efficiency.
• Ability to communicate financial understanding efficiently and effectively to business unit leaders.
• Ability to demonstrate an understanding of the business, and challenge the assumptions of business unit leaders if necessary.
• Quickly modifies behavior to deal effectively with changes in the work environment.
• Gains agreement from commercial partners to support ideas or take action.
• Performs actions as promised and ensures that words and actions are consistent.
• Presents information accurately and completely.