Sr. Finance & Commercial Executive

Posted 6 Days Ago
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Lahore, Punjab
Mid level
Automation • Manufacturing
The Role
The Sr. Finance & Commercial Executive manages cash flow and forecasting for operations in Pakistan and the Middle East, oversees banking relationships, financial transactions, and adheres to compliance policies. Responsibilities include financial reporting, engaging in commercial strategy discussions, and providing cost optimization recommendations.
Summary Generated by Built In

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.

This role offers the opportunity to work in a dynamic environment, contributing to Avanceon's growth and operational efficiency in the Pakistan and Middle East regions. If you are an ambitious finance professional with a strong treasury background and a drive for operational excellence, we invite you to apply.

The Company
372 Employees
On-site Workplace
Year Founded: 1984

What We Do

Avanceon is the leading provider of automation, control systems integration, proprietary energy management solutions and support services. It has a strong market footprint through its offices in Dubai - UAE (covering Middle East), Lahore - Pakistan (covering South Asia) and Exton, Pennsylvania - United States of America (covering North America). Avanceon is also among the select group of ‘certified members’ of Control System Integrators Association (‘CSIA’) and is also listed on the Control Engineering Magazine’s System Integrator Hall of Fame.Avanceon has been in the automation business for the last 24 years and has transformed into a 360 degree solution provider for automation, energy management, service and maintenance. Servicing clients over a span of two decades, Avanceon has completed several projects for major blue chip companies enabling it to earn strong credentials, move up the learning curve and develop a diverse client base. Going forward, it intends to capitalize on its core strengths to expand its footprint in the Middle East by setting up offices in Qatar, Kingdom of Saudi Arabia (KSA) and Oman.

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