Financial Executive (Budget Management)
Financial Executive (Budget Management)
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Job Description
Why This Role
We are seeking an experienced Financial Executive specialized in budget management for one of our clients who are a leader in electronics industry.
The role is responsible for managing marketing budgets sales deductions and related financial processes. This includes ensuring timely submission of approvals proper budget utilization reconciliation of expenses and compliance with company policies. The position requires strong coordination between sales marketing vendors and finance teams to drive accuracy compliance and efficiency in trade spend management.
Key Responsibilities:
1. Marketing Fund (MDF) Management:
- Ensure all marketing activity approvals are obtained in advance of execution.
- Manage and monitor MDF budgets maintaining accurate financial records.
- Review and validate supporting documents for marketing activity expenses.
- Coordinate with internal teams and vendors to ensure compliance with company guidelines.
- Reconcile MDF spend and activities on a quarterly basis.
2. Sales Deduction (SD) Management:
- Ensure timely submission of sales deduction conditions before campaign start.
- Ensure proper documentation for each deduction and maintain transparency.
- Monitor closure of all sales deduction activities within 45 days of completion.
- Reconcile deductions quarterly in coordination with finance.
3. Rejection Control & Compliance:
- Track and monitor approval rejections; maintain rejection rates below defined thresholds.
- Ensure compliance with internal financial and trade marketing policies.
4. Training & Process Improvement:
- Conduct periodic training sessions for employees and vendors on financial claim submissions.
- Ensure accurate and compliant claim submissions in line with company processes.
5. Reporting & Governance:
- Maintain budget trackers and reports for Budget spend.
- Reconcile all activities with finance to ensure transparency and audit readiness.
- Share activity closure reports and final approvals with relevant stakeholders.
Qualification Requirements:
- Bachelors degree in Business Administration Finance Marketing or a related field (Masters preferred).
- 24 years of relevant experience in Trade Marketing Finance Commercial Finance or Sales Operations.
- Prior experience in budget management financial reconciliations or trade spend management is desirable.
Key Skills & Competencies:
- Strong financial acumen with knowledge of financial procedures.
- Excellent stakeholder management and coordination skills.
- Detail-oriented with strong process and compliance mindset.
- Analytical and reporting abilities with proficiency in MS Excel.
- Strong communication and training delivery skills.
Application Process:
I look forward to receiving your application! Once submitted we will review it and consider your fit against other candidates in the process. We strive to ensure an efficient process though there may occasionally be delays.
About Sperton:
Sperton is a global recruitment and consulting firm with offices across Europe Asia and the Americas. We help companies find and manage top talent across borders delivering fast compliant and flexible recruitment consultant hiring and global mobility services.
Sound like a good fit
Apply now and send us your CV wed love to hear from you.
Employment Type
Full Time
