EMPREGO

Finance Manager

BIC-Casablanca, Morocco

Company Description

BIC® products are recognized all over the world for their quality, safety, affordability and ease of use. The ballpoint pen, the pocket lighter, and the shaver are all part of the daily lives of millions of consumers. These products make BIC® an iconic international brand, present in more than 4 million retail outlets in more than 160 countries around the world.

BIC’s founder, Marcel Bich, understood that to succeed, BIC needed hands-on team members who were willing to take measured risks and assume responsibility for their role in a team. Today, we provide our more than 15,000 team members in 61 countries with the opportunity to invent BIC’s future - together - while honoring our past achievements. We are committed to our team members’ development and empower those who wish to discover different areas of our business or acquire international experiences.

Job Description:
1) **JOB SUMMARY

2) **MAIN RESPONSIBILITIES / TASKS

  • * *Control of the financial reporting
  • Ensuring compliance with local legislations in each of the entities.
  • Working with local authorities as/when required.
  • Management of the monthly reporting process involving the close of accounts and reporting thereof.
  • Close collaboration with regional teams to manage the monthly close position across all P&L lines and BS.
  • Inventory / Interco / invoicing / purchase transactions reconciliation and control related processes.
  • Overseeing the consolidation of statutory entities and distributors performances into results
  • Management the audit process
  • Working closely with local auditors to meet group audit requirements/timelines.
  • Full drafting, completion, and ultimate signature of the Annual Financial Statements.
  • Management and custodianship of the entities control environments
  • Preparing for and managing the Internal Audit Process.
  • Liaising with group Internal Audit on findings and recommendations.
  • Working with all departments to ensure implementation of agreed action plans.
  • Develop appropriate internal controls were deemed necessary.
  • Overseeing the financial analysis of forecasted & historical financial information
  • Utilising the data obtained in the analysis to provide meaningful insight into the strategic planning of the business.
  • Reading of the data to proactively manage risks (actual and perceived) to the business.
  • Preparation and Submission of the Forecasts
  • Management of the group / region timelines and submission of additional information as required.
  • Overseeing the forecast positions against budgets with strategic management of both Income Statement and

Balance Sheet to maintain KPI deliveries.

  • Constant communication to MENA Finance Manager to maintain understanding of regional position and outlook.
  • Management on risks and opportunities to region KPI’s.
  • Strategic planning and effectively managing of the budgeting processes in collaboration with the region F&PA, ensuring that budgets are prepared, implemented, adhered to, and take responsibility for the status of all budgets.
  • Presentation of the budgets to regional teams to ensure they fully understand the build-up of the numbers and

strategic intent of the positions taken with ability to defend inputs.
- Cross functional partnership on Brand Support / Opex budgets with the hierarchical head to transfer accountability

to the departments allowing collaboration in delivery of final Opex landings and ultimately company EBIT.
- Responsible intimately for the build-up of the numbers to provide sound business advice and partnership to the

management on where pressure may come from and where room to maneuverer exists.

  • Risk Management
  • Identifying and controlling potential risks ensuring compliance with all taxation and accounting laws/policies.
  • Tax, local GAAP and IFRS compliance.
  • Ability to model scenarios for changes to economic and political landscape changes.
  • Implement group policies whilst maintaining operational agility.
  • Reviewing of the fixed asset registers and recons to GL
  • Implementation of audit recommendations (when required) to ensure safeguarding of all entity’s assets.
  • Identification of areas for improvement on the entities’ asset controls
  • Adjusting to changing legislation (if required) group policies on fixed asset accounting.
  • Reviewing debtors, creditors, and inventory levels
  • Custodian of region working capital levels targeting budget KPI’s.
  • Balancing of commercial objectives and financial risk associated to collection of cash from sales.
  • Communication and collaboration with sales teams and business development teams on status of debtor’s balances

and strategic plan development when required to improve collection rates.

  • Development of early warning signs to maintain risk profile and prevent long overdue accounts.
  • Working with insurance partners on market research and trends to identify early where risks may occur from.
  • Constant interaction with supply chai