Job description / Role
Key responsibilities and accountabilities
As a Commercial Finance Manager, you will play a crucial role in supporting the financial operations and strategic decision-making of the organization. Your responsibilities will include:
- Finance Support: Provide finance business partner support to operations and commercial directors, influencing behaviors and performance through insights and understanding of key drivers and trends.
- Communication: Deliver financial information effectively to non-financial employees and stakeholders to facilitate informed decision-making, develop presentations to communicate specific messages or outcomes to different levels of management and / or the wider audience in Business. Support the Investor Relationship department with quarterly financial reporting and analysis to be presented to Investors and analysts.
- Business planning, Budgeting and Forecasting: Formulate and maintain accurate, up to date 5 years Group business plan, Lead the annual budgeting process and monthly rolling forecasts for OPEX, CAPEX, and cash flow in line with group business plans.
- Reporting and Analysis: Prepare insightful reporting and analysis to support management decisions, including identifying and addressing any budget anomalies.
- Performance Monitoring: Monitor performance against the budget, identify issues, and recommend corrective actions.
- Management Presentations: Present monthly financial results to senior management, highlighting commercial risks and opportunities.
- Modelling and Scenario Testing: Provide assistance with modelling and scenario testing for new business opportunities.
- Audit and Ad Hoc Queries : Address audit and ad hoc queries as necessary, ensuring compliance with policies and procedures.
- Monthly Management Accounts Reporting Deck: Ensure adherence to the monthly reporting timetable and communicate required information to ensure results are reported accurately and on time.
- Presentation and Reporting Skills: Utilize strong reporting skills and PowerPoint presentation abilities to create clear and informative decks that include trends and ratios. Prepare a monthly management accounts deck for the board, including all required analysis and analysis of group performance. Report the business segment results and ensure trends, ratios, and other key metrics are presented effectively.
Requirements
Requirements
- Experience in the media and entertainment industry is highly desirable.
- Strong knowledge of UAE and KSA tax regulations.
- Over 10 years of experience in a commercial finance role.
- Familiarity with Oracle Fusion, Hyperion, and BI reporting tools is advantageous.
- Ability to work under pressure and meet tight deadlines.
- Experience working with commercial teams, Business Planning, and other business units.
- Excellent communication, problem-solving, and attention to detail.
Unfortunately, due to the high number of responses we receive we are unable to provide feedback to all applicants. If you have not been contacted within 5-7 days, please assume that at this stage your application has been unsuccessful.
About the Company
MBC GROUP is the largest media company in the Middle East & North Africa region that enriches people’s lives through information, interaction and entertainment. In 2002, nearly a decade after the launch of MBC1 in London, in 1991, MBC GROUP moved its headquarters to Dubai Media City, United Arab Emirates.
Today, MBC GROUP includes over 17 leading TV channels: MBC1 (general family entertainment); MBC2 & MBC MAX (24-hour western movies); MBC3 (children’s edutainment with a mix of both local productions and western acquisitions); MBC4 (entertainment for young families with a female-focus); MBC ACTION (an indigenous adrenaline-packed channel targeting young males with local and homegrown productions); MBC VARIETY (Western films and general entertainment with uninterrupted broadcasting); MBC DRAMA (24/7 Arabic drama) & MBC+ DRAMA (a joint pay-TV channel between MBC and OSN); MBC PERSIA (general family entertainment dubbed and subtitled in Farsi); WANASAH (24-hour Arabic music channel); MBC MASR & MBC MASR2 (general family entertainment geared towards the Egyptian family); MBC BOLLYWOOD (delivering the freshest in Bollywood content geared towards the region via an Arabized interface); MBC USA (on “Dish Network” in the US); MBC IRAQ (a premium channel aimed at the entire Iraqi family), MBC5 (new satellite channel dedicated to the Maghreb); all of them benefit from MBC STUDIOS which produces the region’s most compelling premium content for cinema, television and on-demand platforms. MBC GROUP also includes two FM radio stations: MBC FM (Gulf music) and Panorama FM (contemporary Arabic hit music).
Furthermore, part of MBC GROUP is Shahid and its premium subscription-based service Shahid VIP, the world’s leading Arabic streaming platform, home to highly rated original productions from the Arab world, a wide range of exclusive movies and premieres, as well as the top watched live Arab TV channels.