Finance Director

Job Purpose:

As a Finance Director you will be working at the executive level directing the Group Companies management in making long-term financial decisions regarding the Groups future by ensuring the financial health and stability of the Group. Create effective management reporting systems to support the management team. This function gives support to the Group General Manager & Regional Group CFO in all matters regarding financial budgeting and strategic planning commercial/operational controlling and financial reporting in addition to Treasury and Cash flow planning and execution. Design and co-ordinate the implementation of sound accounting and financial management and control systems and procedures for all operational areas and to facilitate the maintenance of accurate and up to date financial and accounting records for effective and smooth running of all business operations. The job holder ensures a high level of accuracy in the monthly reporting identifies deviations of the planned financial and operative targets and follows up correction plans. The Finance Director facilitates the implementation and development of the Group and company local controlling standards ensuring accurate and reliable reporting. Role is also responsible for liaising with internal and external audit/tax entities ensuring the full compliance of the Group. Know how of Local Egyptian listing requirements is recommended plus the ability to implement solid quarterly management reporting.

Job Duties & Responsibilities

Responsible for all Finance Functions including and not limited too (Accounting Planning Tax and Treasury)

Developing financial strategy including risk minimisation plans and opportunity forecasting.

Responsible for the overall financial planning and analysis for the Group Companies and facilitate transforming the long term strategies and vision of the Management into financials for complementing decision making

Develop and comply with all local listing requirements in terms of Quarterly and annual financial statements on a standalone and consolidated levels

Cash flow management ensuring no liquidity bottle necks and efficient use of equity and debt instruments across all group companies

Proactively monitor and manage the Group liquidity position optimizing cash flow arrangements cash allocation and borrowing/investments to enhance financial efficiency.

Work closely with the business to minimize financial risk.

Review funding needs monthly reporting of all treasury activities to senior management.

Communicate monthly quarterly and annual financial statements; monitor progress changes and keep senior leadership updated.

Lead the annual budgeting and planning process.

Administer and review all financial plans and compare to actual results with a view to identify explain and correct variances as appropriate.

Improving efficiencies and reducing costs across the business

Support the Commercial pricing decisions via up to date cost and margin updates

Debt management and collection

Preparing Group tax and audit statements

Ensuring compliance with statutory law and financial regulations

Developing financial reviews and providing investment advice

Governance and policies management across the business unit and in alignment with Group Policies

Evaluating and managing risk

Overseeing all financial control activities including the review and analysis of monthly and quarterly numbers and disclosures

Providing executive management with accurate and comprehensive financial information to guide effective policy making and financial strategizing.

Providing external auditors with the necessary documentation and support

Measuring Group companies performance against external and internal benchmarks and updating annual business plan and long term business plans

280000 egp