Commercial Financial Controller

Job purpose

Budgetary control

• Manage budgets, accounts, and financial operations across production units for internal reporting and external regulatory and statutory requirements.
• Coordinate annual and long-term operating and capital budgets in line with factory production plans and resource optimization.

Costing and inventory

• Oversee product costing and bills of materials; analyze cost variances with production and procurement teams.
• Ensure accurate valuation of raw materials, work-in-progress, and finished goods.
• Set and monitor cost-center allocations, overhead distribution, and internal transfer pricing.

Assets and financial analysis

• Manage fixed-asset records, asset tagging, depreciation, and capital expenditure tracking across factory operations.
• Classify capital and operating expenses correctly and apply depreciation methods appropriate to asset types and usage.
• Analyze production capacity, demand trends, and material costs for forecasts; assess profitability and budget variances.

Cost control and reporting

• Monitor production cost efficiency against budgets and KPIs, identify deviations, and recommend corrective measures and savings.
• Prepare factory financial and management reports covering costs, inventory movement, and production efficiency.
• Ensure accounting-standard and internal-control compliance; supervise year-end closing, final accounts, and variance reports.

Qualifications and experience

• Bachelor’s degree in Accounting and Finance or a relevant field.
• 6 to 10 years of work experience.
• Competencies include accounting theory and concepts, financial analysis, financial reporting, and cost control.

Role accountability

• Develop and monitor business plans that translate corporate goals into operational results, and provide periodic progress reports.
• Develop organizational structures and ensure job descriptions are available for roles and deployment.
• Develop written systems, policies, and procedures and seek automation opportunities; support effective use of relevant IT solutions.
• Promote quality, adapt to new techniques and technologies, and ensure a safe, secure, and legal work environment.
• Lead and develop staff, assess performance fairly, delegate according to company policy, anticipate problems, and make timely decisions.
• Deliver results on time and to required quality and cost, and make a tangible difference to the area of operation.

About alfanar