Barakat Group of Companies is looking for an experienced Assistant Manager – Commercial Finance to drive the financial and commercial performance of our eCommerce business, while also supporting selected Group-level commercial finance initiatives.
The role will have end-to-end responsibility for eCommerce P&L oversight, profitability, pricing, margin management, budgeting, forecasting, cost control and commercial decision support, together with responsibilities covering Group procurement analytics, incentive governance and HORECA contractual pricing.
This is a commercially focused finance role for someone who can go beyond reporting and translate financial data into actionable business decisions.
What You'll Do:
P&L & Commercial Finance
- Take ownership of the eCommerce P&L and monitor revenue, gross profit, contribution margin, OPEX and EBITDA.
- Review customer, product/SKU and category profitability and identify margin improvement opportunities.
- Partner with business teams to deliver budget, profitability and EBITDA targets.
- Provide financial insights and recommendations to senior management.
MIS, Reporting & Financial Control
- Oversee month-end closing for the eCommerce business.
- Review revenue, COGS, inventory, accruals, provisions, rebates, discounts, returns, logistics, wastage and OPEX.
- Review monthly MIS and challenge Actual vs Budget vs Forecast vs Prior Year variances.
- Ensure accuracy of key financial KPIs and management reporting.
Pricing, Margin & Commercial Governance
- Review pricing, promotions, discounts and margin proposals.
- Govern contractual buying dealsheets and annual pricing approvals for HORECA customers.
- Monitor customer and product margins against approved targets.
- Identify and address margin erosion and commercial deviations.
Budgeting & Forecasting
- Lead and review annual budgeting and periodic forecasting for eCommerce.
- Challenge assumptions relating to revenue, margins, OPEX, CAPEX, manpower, working capital and EBITDA.
- Conduct scenario and sensitivity analysis to support business decisions.
Cost & Inventory
- Review OPEX and identify cost optimisation opportunities.
- Analyse inventory ageing, wastage, expiry, shrinkage, damages, markdowns and write-offs.
- Work with Operations and Supply Chain to resolve inventory variances and improve financial performance.
Group Procurement Cost Analysis
- Analyse procurement price variance across products, categories and business units.
- Monitor contractual vs non-contractual buying and identify opportunities for improved procurement compliance.
- Analyse mode-of-buying deviations and their financial implications.
- Manage Group incentive workings, approvals and coordination with HR and Payroll.
Business Partnering & Strategic Projects
- Lead and guide the commercial finance team responsible for MIS and analysis.
- Partner with eCommerce, Procurement, Sales, Supply Chain and other Group functions.
- Review business cases for new initiatives, categories, channels and investments.
- Evaluate ROI, NPV, payback, break-even and sensitivity analysis where applicable.
- Translate complex financial information into clear commercial actions.
What We're Looking For :
- CA, ACCA, CPA, MBA Finance or equivalent professional qualification.
- Strong experience in Commercial Finance, FP&A, Business Finance or Financial Planning.
- 4–5+ years of relevant experience, preferably in eCommerce, Retail, FMCG, Food, Distribution or another high-volume transactional business.
- Strong understanding of:
- P&L management
- Budgeting & forecasting
- Pricing & margin management
- Profitability analysis
- Inventory & working capital
- Commercial finance
- Advanced Microsoft Excel and strong financial modelling skills.
- Experience with Microsoft Dynamics 365 and Power BI is desirable.
- Strong commercial acumen and business partnering capability.
- Excellent stakeholder management and cross-functional coordination skills.
- Ability to challenge assumptions and convert financial analysis into actionable recommendations.
- Strong team leadership, review discipline and attention to detail.
Key Competencies :
- Commercial Finance | P&L Management | FP&A | eCommerce Finance | Pricing & Margin Management | Financial Modelling | Budgeting & Forecasting | Procurement Analytics | Business Partnering | Commercial Decision Support
