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Finance Manager

Job Title: Finance Manager
Contract Type: Permanent
Location: Baghdad, Iraq
REF: 1370
Contact Name: Ghusoon Nader
Job Published: over 1 year ago

Job Description

MSELECT is looking to hire a Finance Manager in Baghdad, Minimum 3 years of experience & background in a similar role, fluency in English and Arabic is a must.

Job Summary

Reporting to the GM, the Supply Chain & Purchasing Manager is ultimately responsible for the procurement and uninterrupted supply of materials to production operations.

The Supply Chain & Purchasing Manager is responsible negotiating and securing contracts with suppliers, ordering and managing the supply of materials, and supply chain and production planning in collaboration with the Production Manager.

In collaboration with the Production Manager, the Supply Chain & Purchasing Manager ensures a cost effective and smooth execution of end-to-end Supply Chain operations


  • Support in building a finance function & help with setting up the new company, with registration office as well as Ministry of Finance, VAT organization, etc.

  • Support with setting up the ERP system, interacting with audit company to establish financial reporting books according to Iraqi legislation & regulations of reporting and book closing. Interacting and negotiations with Tax authorities, etc. 

  • Prepare monthly, quarterly and annual P&L, balance sheet & accounts including consolidation and reporting - both to the Danish parent company, board and local company.

  • Prepare budgets and forecasts in cooperation with Sales & Marketing team.

  • Financial controlling and support for the local team with interactions 

  • Establish and develop a set of Finance & Accounting guidelines and ensure processes are transparent, accurate, efficient and well controlled.

  • Support with developing Retail Sales Prices with continuous follow up and updates on production and product costs.

  • Developing internal controls and reports as necessary to continuously monitoring costs and expenses.

  • Statutory and quarterly financial reporting.

  • Ad-hoc tasks as part of a small team in a newly established company.

Experience and qualification required

  • Minimum 3 years of experience & background in an international FMCG company and/or audit firm.

  • Excellent understanding of Iraqi Finance & Accounting system & Acts and potentially IFRS (International Finance Reporting Systems).

  • Strong accounting understanding and ability to analyze financial reports, strong skills in Excel and preferably experience in implementing a new ERP system.

  • In-depth understanding of Finance & Accounting, incl. consolidation, combined with good P&L and business understanding.

  • English skills is a must.

  • Ability to deal with start-ups, establishing procedures while managing & driving improvements.

  • Structured and driven towards working with others and comfortable working with a wide variety of tasks and responsibilities.

  • Energetic, proactive and analytical.