Job Summary
The Budgeting & Commercial Finance Manager is responsible for leading the company's budgeting, forecasting, financial planning, and commercial finance functions. The role partners with cross-functional teams to deliver accurate financial analysis and insights, strengthen financial controls, improve business performance, and support strategic decision-making. The ideal candidate is a strategic finance professional with strong commercial acumen, exceptional analytical capabilities, and proven experience leading budgeting and FP&A functions. The candidate should be confident in partnering with senior stakeholders, improving financial performance, and delivering accurate, timely insights that support business growth.
Key Responsibilities
- Lead the annual budgeting and corporate planning process across all business functions
- Coordinate with department heads to develop, review, and consolidate annual budgets and financial plans
- Prepare monthly Profit & Loss (P&L) and operating expense (OPEX) variance analysis against budget, prior year, and previous month
- Develop and maintain monthly rolling forecasts to support business planning
- Manage cash flow planning, forecasting, and liquidity analysis
- Partner with the Commercial team to evaluate customer contracts, pricing, trade promotions, and commercial initiatives
- Coordinate monthly financial reconciliations with PepsiCo and ensure timely resolution of discrepancies
- Oversee capital expenditure (CAPEX), project financial monitoring, and fixed asset management
- Monitor financial performance, identify risks and opportunities, and recommend corrective actions
- Ensure compliance with internal financial policies and reporting requirements
- Prepare financial reports and presentations for senior management
- Support strategic projects and perform other ad hoc assignments as requested by the CFO or senior leadership
Requirements
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related discipline (required)
- CPA, MBA, CMA, ACCA, or Master's degree in Accounting or Finance (preferred)
- Minimum 10 years of progressive experience in finance, budgeting, commercial finance, or Financial Planning & Analysis (FP&A)
- At least 5 years in a managerial or leadership role
- Experience within FMCG, manufacturing, or multinational environments is highly preferred
- Previous experience working with PepsiCo reporting requirements or similar multinational partnerships is an advantage
- Strong expertise in budgeting, forecasting, financial modelling, and business performance analysis
- Excellent commercial and business partnering skills
- Strong understanding of cash flow management and financial planning
- Advanced Microsoft Excel and PowerPoint skills
- Experience with SAP or another ERP system
- Sound knowledge of IFRS; knowledge of ISA is an advantage
- Strong analytical, problem-solving, and decision-making abilities
- Excellent communication and stakeholder management skills
- Ability to manage multiple priorities in a fast-paced environment
- Languages: Fluent in English, Arabic, and Kurdish
*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.