Chief Finance Officer (CFO), Mars, Dubai, UAE

Job Title

CHIEF FINANCIAL OFFICER

Segment / Business Unit

MW MEA

Job Function / Job Family

Finance

Job Level / Pay Range

P3

Location / Site of Position

MEA Dubai

Line Manager’s Position

MEA GM

Key Responsibilities

Please list the most important and relevant responsibilities

Reporting to the General Manager for MW Middle East and Africa (MEA), the Chief Financial Officer for MEA assumes the strategic and operational role of the overall financial management of the unit business and local/network supply factories (OCT Egypt, KEC Saudi and NAI Kenya), within 75+ markets of the unit. The CFO is a key member of MEA Leadership team as the co-pilot to the General Manager and has responsibilities to develop talent across the finance team of 14 associates, as well as create the strategies for sustainable growth and daily financial governance and operations. The CFO will direct and oversee all financial activities across all the MEA Markets and the associated, including accounting and controls, financial and tax reporting, financial planning/forecasting, and analysis/decision support.

Provide strategic Financial and Value Creation guidance and leadership to the MEA Leadership Team in delivering their business objectives (NSV, earnings, overheads, cash Economic Profit) Lead the value creation agenda and strategic resource allocation through 3-year Value creation Plan deployment across MEA and business partnership with Global Emerging Markets (GEM) Finance VP/CFO Ensure robust business strategies are identified and executed, as well as initiate, develop and lead programs to support strategic priorities and operational delivery. Ensure robust financial evaluation of all major business decisions such as pricing, capital investment and returns on promotional and marketing budgets. Ensure appropriate governance through quality financial controls and risk management processes exist and are executed. Review periodically YEE / forecasting, identify risk and opportunities through the ERM process annually and IR Process periodically Support the transformation of “Finance of Tomorrow” with a lead on digitalization and upskilling of capabilities of the finance team. This includes leading a series of initiatives and/or cascading them throughout the organization so that we transform rapidly the function in terms of technology, tools, behaviors (driving simplification and efficiency of processes; support transition of capability through MW MEA associates, global deployment of Anaplan-based forecast model, reporting automation) This also includes prioritization of Digital tools deployment in MW MEA, driving deployment and adoption. Develop a team of 14 direct reports to drive engagement, high performance and development in a complex set-up that includes remote management and strong diversity in background and responsibilities. The team will need to work agile with flexible scope, fast learning and rapid delivery in order to cope with the high impact responsibilities of the Finance Team Member of the Unit Leadership Team responsible for developing and delivering the business objectives.  Also be the external representative of the legal unit to 3rd parties and authorities. Ensure all RTM strategies are implemented in line with Distributor Governance process Lead the planning/ budgeting process (shape, resource allocation, 3 Year IVCP and AEP) according to Mars timelines. Work with the local In Country ICTC Function ensuring all tax obligations; to ensure financial statements are fully compliant with all appropriate accounting standards (local and US GAAP) and corporate reporting requirements are met in a timely and in a high-quality way for all legal entities and risks mitigated. Ensure appropriate banking relationships ensuring proper strategic cash management policies are in place to maximize NCFO Responsible for accounting and reporting, planning, and internal control for Supply factories in OCT Egypt, KEC Saudi and NAI Kenya. Provide authoritative financial data and analyses for supply leadership, providing guidance in developing and implementing strategies for each location, which delivers value creation to the business

Key Supporting Mars Leadership Competencies (4-6)

(Note: competencies selected should be job related)

Strategic Agility

Standing Alone

Business Acumen

Managing Vision and Purpose

Developing Direct Reports

Organizational Agility

Key Functional Competencies & Technical Skills (3-5)

(Distinguish any preferred competences at the end of the list & notate them as “preferred”)

Financial Shaping & Decision Making

Financial Analysis and Insights

Tax & Treasury Management

Accounting

Financial Control

Financial Processes

Relevant Quantitative Information

Staff

7 direct reports – full team 14

Other

Manage complex and volatile emerging market and supply environments.

Job Specifications/Qualifications

State the minimum education, knowledge, skills and experience this position requires. State the physical

and/or mental requirements for the role (e.g. stand for x hours, lift x weight, concentration on repetitive

tasks). Please distinguish any “preferred” qualifications.

Note: May differ from the current job holder’s own skills and experience.

1. Education & Professional Qualification

Master degree with at least 15 years working experience

2. Knowledge/Experience

Previous CFO or Regional Finance Director

About Mars:

Mars is a family-owned business with more than $35 billion in global sales. We produce some of the world’s best-loved brands: M&M’s®, SNICKERS®, TWIX®, MILKY WAY®, DOVE®, PEDIGREE®, ROYAL CANIN®, WHISKAS®, EXTRA®, ORBIT®, 5™, SKITTLES®, BEN’S ORIGINAL® and COCOAVIA®. Alongside our consumer brands, we proudly take care of half of the world’s pets through our nutrition, health and services businesses such as Banfield Pet Hospitals™, BluePearl®, Linnaeus, AniCura, VCA™ and Pet Partners™. Headquartered in McLean, VA, Mars operates in more than 80 countries. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our 130,000 Associates into taking action every day towards creating the world we want tomorrow.

https://careers.mars.com/global/en/job/MARSGLOBALR55575EXTERNALENGLOBAL/Chief-Finance-Officer-CFO?utm_source=indeed&utm_medium=phenom-feeds

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