Pakistan Job Openings
Avanceon MEA
Sr. Finance & Commercial Executive
Lahore
FULL TIME
October 28, 2024
About Us?
Avanceon is a multinational corporation which specializes in automation, control systems integration, energy management solutions, and support services. With offices in Dubai, Qatar, Saudi Arabia, and Pakistan, it has established a significant market presence. Over its 24-year history, Avanceon has evolved into a comprehensive provider offering automation, energy management, service, and maintenance solutions. Through its extensive experience and diverse client base, including major blue-chip companies, it has garnered strong credentials and expertise in the industry.Job Overview:
A Senior finance and commercial executive within the banking division is responsible for maintaining strong and healthy relationships with the banks, ensuring compliance, and responsible for financial operations and management of the bank's financial resources.Key Responsibilities:
- Manage daily cash flow and forecasting for Pakistan and Middle East operations, ensuring sufficient liquidity for business needs.
- Oversee local banking relationships, manage cash transactions, and ensure smooth execution of financial instruments like letters of credit (LCs), guarantees, and other trade finance facilities.
- Assist in optimizing cash flow processes, including coordinating with the finance team on receivables, payables, and collections.
- Maintain accurate treasury records and provide treasury reporting to the Manager Finance and Group CFO.
- Support the preparation of financial statements, budgets, forecasts, and variance analyses to facilitate management decision-making.
- Collaborate with cross-departmental teams to ensure accurate revenue recognition, timely invoicing, and effective communication of financial performance.
- Engage in commercial strategy discussions, analyzing financial implications of contracts, and projects.
- Provide recommendations for cost optimization, expense management, and performance improvement in alignment with regional objectives.
- Ensure adherence to internal controls, compliance policies, and regulatory requirements for both Pakistan and the Middle East regions.
- Act as a liaison between Pakistan and Middle East finance teams, banks, and external partners.
- Facilitate smooth coordination with cross-functional teams, supporting internal projects and initiatives aimed at improving financial practices and policies.
Qualifications and Skills:
- Master's degree in Finance, or related field
- 3+ years of experience in finance, treasury, or a related role within a multinational or large organization, preferably with exposure to Pakistan and/or Middle East markets.
- Strong knowledge of cash flow management, banking operations, and treasury instruments (LCs, guarantees, etc.).
- Proficient in reporting; advanced Excel skills and experience with ERP systems (e.g., SAP, Oracle).
- Solid understanding of regulatory frameworks and compliance requirements for Pakistan and the Middle East.
- Strong analytical, problem-solving, and communication skills; ability to work effectively in cross-cultural environments.
- Ability to manage multiple priorities and meet deadlines in a fast-paced setting.
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