Commercial Business Controller
Wadi Group
مجموع سنوات الخبرة :24 years, 6 أشهر
In charge of enforcing pricing and credit policies company-wide to ensure compliance, this role involves overseeing overdue payments, analyzing receivable reports, and managing credit clients. Responsibilities include monitoring payments by business unit, sales channel, and SKU to promptly address problematic accounts, and Responsible for analyzing business unit activities to evaluate profitability, this position involves generating monthly analysis reports and discussing findings with top management. Oversight includes profitability analysis per client and SKU, monitoring KPIs, and supporting commercial activities' growth to aid decision-making and budget adherence.
Additionally, the role includes developing automated income statements, establishing an integrated information system, and reviewing commercial activities to provide support and implement improvements. Duties also involve preparing consolidated commercial activity statements and offering advice to enhance operational efficiency.
Summarised the tasks in Areas:
A) Customer Credit Management.
B) Sales & Profitability Performance.
C) Planning, Development, and Internal Control.
In my role, I have played a crucial part in expanding our supplier network by optimizing resources and fostering new relationships. A key aspect of my responsibilities involved negotiating favorable purchasing agreements to secure the best deals for the company. I oversaw the entire trading process of commodities, raw materials, and packaging, requiring meticulous attention to detail and seamless collaboration with the purchasing department to drive cost efficiencies. Implementing cost-cutting strategies for commodities, managing import/export documentation, and ensuring smooth order progress were among the tasks I spearheaded.
Working closely with local suppliers, I tapped into the domestic market for cost-effective alternatives to imports. From managing contracts to ensuring timely deliveries and efficient payment processes, I focused on enhancing procurement efficiency and supply chain optimization. Coordinating operations across various locations, I strategically planned procurement for raw materials, production lines, and export consignments to maintain operational excellence. Additionally, monitoring sales trends and raw material costs provided valuable insights for strategic decision-making, while generating detailed reports on sales performance and import analysis supported by well-informed business strategies. Collaborating with accounts receivable, collections, and overseeing accounts payable and payments with clients and suppliers were essential in maintaining and cooperating with financial and Bank departments
Summarised the tasks in Areas:
A) Import & Export Operation.
B) Supply Chain Operation.
C) Planning & Reporting.
In this role, I was tasked with leading the monthly closing activities, which involved preparing cost distribution and organizing by function. I also took charge of generating unit cost reports and conducting analyses to ensure the accuracy and efficiency of financial operations during the closing month. Managing inventory accounting and reporting was another crucial aspect of my responsibilities, where I analyzed sales, cost of goods sold, and SG&A expenses to facilitate informed decision-making processes. I meticulously recorded and reviewed transactions in various financial systems, journals, and ledgers with precision, which significantly contributed to the preparation of income and balance statements for the organization.
Furthermore, part of my duties included overseeing the reconciliation of customer receivables to ensure alignment with payment terms. I conducted thorough reviews of accounts for necessary adjustments, processed post-dated checks, and approved invoices for payment. Managing the distribution of checks and resolving any discrepancies in payables were essential tasks that I handled diligently. Additionally, I was responsible for managing adjustment entries for inactive supplier accounts and performing banking reconciliations to uphold the accuracy and efficiency of financial operations in the organization.
Summarised the tasks in Areas:
A) Costing Accounting & Reporting.
B) Receivable & Payable Accounting.
