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Financial Manager Job

Job Description | Qualification | Location | Salary

FINANCIAL MANAGER
EMPLOYMENT JOB VACANCY @ JOBS IN EGYPT

Job Code General/9264

Main specification

Field General Job position Financial Manager

Job Description

Job Description:

Financial Control, Bookkeeping, Claims Review and Adjusting, Collections, Corporate Accounting, Corporate Finance, Credit Review-Analysis, Financial Analysis-Research-Reporting within the following :

Provide business and financial leadership under the CFO supervision to extra decision making and execute focused effort (on partnership basis with all functions) to deliver company s short-medium-long term business goals and objectives in Profit, Cost, Controls and Organization.
Implement corporate finance strategy and appropriate financial models to allow the group to achieve its ambitious goals.
Manage and monitor comprehensive financial management of the companies including responsive accounting, financial planning, budgeting, and controls and reporting processes to protect the company s assets and achieve business objectives.
Establish & maintain strong and top-notch Finance organization capable of supporting the company s growth and expansion plans.
Develop and recommend financial procedure, policies & standards, to ensure the business is financially robust and objectives are achieved.
Lead the cash management operations of the business to ensure strong cash flow and treasury management practices are in place. Plan and direct capital appropriations/investments according to the approved strategies.
Recommends action plans for handling Mergers, Acquisitions & new businesses operations from Finance perspective and ensure best return on investment results.

KEY RESPONSIBILITIES:

People & Leadership:
Execute company financial strategies and plans based on corporate vision, mission, values and objectives.
Provide leadership, empower and build the capability of the staff in the Finance team, pave the way for their growth and ensure adequate succession cover. Improve financial capability of all non-finance managers.
Oversee the recruitment of staff for the finance department.
Monitor and appraise all reporting managers through planned objective setting and targets.
Effectively contribute to the formulation of the business objectives of the company and develop annual / medium term financial plans to achieve approved objectives. Presenting the Budget and BPE to CFO & COO/CEO and coordinate their communication process.
Control
Manage Internal Controls procedures & processes to improve organizational effectiveness, safeguard company s assets and protect our employees, with the highest primary exposure areas (Cash and Stocks).
Implement financial policies/procedures to enhance overall profitability for the company. Establish control objectives and initiate efficient / applicable accounting processes and organizational controls including administrative & financial authorities to meet control objectives.
Recommend stock control improvement opportunities, through highlighting deviations & violations, timely reporting of stocks levels, shrink, damages & mark downs, and effectively participate in physical count / Cycle count plans.
Support the achievement and implementation of the company s strategies/business plans through effective financial analysis, action oriented, accurate & timely financial reporting, control spending within the budget, highlight deviations versus plans and support the management team to achieve business objectives, including new initiatives and business opportunities.
Provide an update on the operating performance of the Finance department to the CFO.
Liaise with other departments to ensure excellent internal communications.
Technical/Merchandising:
Meet the statutory requirements and ensure accurate consolidation, presentation and auditing of the company s financial reporting to acceptable international standards in collaboration with external auditors.
Effectively manage the working capital (stocks, payables & receivables) to minimize interest expenses and improve net profit.
Direct and supervise the daily operations of the Finance, Accounting, Treasury and Management reporting functions.
Lead the cash management operations of the business to ensure strong cash flow and treasury management practices are in place. Develop relationships with the banks in order to provide the company with broad and solid range of financing options.
Manage and monitor the identification of new financial/accounting software systems which could enhance or replace existing systems.
Lead the development/implementation of appropriate IT in the finance function within the approved IT strategy.
Preparation of monthly financial statements and submit to CGO (Income Statement, Balance Sheet and Cash Flow etc..) and ensure all the statements are prepared according to generally accepted accounting principles.
Establish professional business financial relationship with suppliers, honor our commitment, maximize payment terms for cash management & effectively support purchasing department in managing the products cost/price to maximize our margins.
Recommend (Cost Savings projects), to achieve and exceed the company s profit objectives.
Manage the Non-Product Corporate Purchasing department, with right and effective competitive bidding practices and customer satisfaction, to capture the best value for the company for all non-product purchases

Job Requirements:
Bachelors degree in Accounting from an accredited college or university.
Professional Certification as CIA, CPA or CISA will be preferred.
Min 10 years of experience in a related field
MS Office professional.
English fluency

Type of work Full Time Rank Any

Required Qualification

University degree Any
Major Any

Location of job

Country Saudi Arabia City Riyadh
District Riyadh Place of work Outside Egypt Only

Salary

Salary currency USD - U.S Dollar
Starting salary Any Salary up to Any

Preferences

Minimum experience Any Gender Any
Age from Any Age To Any
Driving license? Any Own a car ? Any
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