الوصف الوظيفي
Responsibilities:
• Sets the standards and performance measures (KPI) s of Budget & Costing section in line with the company's strategic direction.
• Submits to the Finance Director to review and approve. Cascade it down to his direct reports monitors their timely implementation, and ensures achievement of their objectives.
• Preparation of the annual budget of the company.
• Following the revenues, COGS and expenses against the agreed upon budget.
• Reporting and taking the required action against any deviation.
• Periodically comparison of actual against standard product cost.
• Building a solid clear system for each product costing.
• Calculating and Following all licensors dues
• Prepares and submits the monthly operational expenses to be allocated to indirect COGS.
• Generates management, and statistical reports for the top management to help them in the decision making process.
• Liaises with the external auditor while ensuring the implementation of their management observations in due time and with the level of efficiency required.
• Preparation of medium and long term forecasts for the standalone or consolidated entity.
• Act as a local financial controlling to deliver accurate monthly accounting close and balance sheet integrity through close monitoring and analysis of accounts.
• Compile monthly reporting packages to support business reviews.
• Review monthly closing procedures and accrual bookings for accuracy (Pre-Close, During Close and PostClose)
• Conduct and present a detailed financial analysis of the different financial cycles (i.e. sales, leasing, working capital, loans ...,etc) to the VPs./CEO and ensure that any actions driven by the findings take place.
• Advise on projects funding and establish control mechanism of cash flow. Lead coordination with Treasury on the management and operation of projects financing.
• Lead the development of the annual budget, including the P&L, balance sheet, and 5 Years strategic plan.
• Prepare rolling forecasts for projects, incorporating new information and adjustments as needed.
• Develop cash flow forecasts for the entire project, reflecting surpluses or funding needs based on the development plan.
• Co-pilot the Financial strategic direction of the business through monthly review and variance reporting and improvement initiatives.
• Monitor the economy across the region with a focus on Egypt retail, and commercial properties and advise the portfolio heads on updates, risks and opportunities.
• Develop reports and schedules as required for external and internal purposes to ensure that any business decision is backed up with the right financial data.
• Implement and maintain budgetary controls over operating expenses and capital expenditures.
• Primary interface between Business Teams, Local Finance team, Group Finance, Internal and External Audit, and internal management in managing finance operations and financial reporting.
• Lead the finance improvement projects, particularly in relation to reporting automation, system implementation and process improvements.
Requirements
• Experience 10:15 years of experience in the field of Finance and Accounting, out of which a minimum of 5years in the Retail industry at a financial management position.
• Experience in Retail / Project Management industries will be preferred.
• Education: Bachelor degree in accounting, business and economic MBA is preferred
• Training: Leadership, Management.
• Post-graduate degree in commerce / accounting / finance.
• Knowledge of management reporting, automation and accounting systems is necessary.
• Accounting / Finance qualification (CPA, CA, CMA, ACCA, CFA, CIMA), MBA is a plus
• Knowledge of Financial Software is necessary; ERP MS Dynamic 365 AX will be preferred.
• Analytical
• Computer literate.
• Proficient in English Language
