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Financial Manager

Fivestars
Cairo, Egypt
Posted 6 years ago
283Applicants for1 open position
  • 56Viewed
  • 1In Consideration
  • 0Not Selected
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Job Details

Experience Needed:
Career Level:
Education Level:
Salary:
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Skills And Tools:

Job Description

  • Assist the Commercial Controller in setting new procedures and control for new
    business practices as well as ensure the proper execution.
  • Assist the commercial controller in Conducting monthly / Quarterly closing process
    and confirmation.
  • Receivable, aging and bad debt
  • Assist in securing COSO framework and testing process.
  • Annual and midyear subordinate objectives setting and evaluations review
  • Conduct Monthly / Quarterly credit meetings.
  • Ensure month end commercial check list are met and ensure that financial statements are fairly presented in the relative area
  • Prepare and submit the group’s monthly financial results, budget and
  • Quarterly rolling forecasts and complete the reporting requirements to the parent company.
  • Perform detailed account analysis and corporate month-end processing and reporting.
  • Review the monthly Business Activity Statements and review all monthly
  • Balance sheet reconciliations.
  • Monitor stock levels and perform inventory reconciliations.
  • Supervise the annual audits (internal and external).
  • Review and make decisions on credit limits of new and existing customers
  • Review and authorize the weekly accounts payable run.
  • Improve and authorize the weekly accounts payable run.
  • Improve existing processes and streamline workflows.
  • Worked with other departmental heads to review budget allocation and expenditure.
  • Identified key cost cutting measures and implemented them.
  • Responsible for calculating, tracking, amortizing, and journalizing the capitalized
    cost revaluation changes and capitalized purchase price variance.
  • Investigated standard cost updates and monthly purchase price variance.
  • Responsible for the monthly inventory revaluation and purchase price variance
    reconciliations and forecasts.
  • Streamlined and re-engineered the standard cost build and load process to
    maximize the system driven efficiencies.
  • Preparation and processing of sales tax examination requirements.
  • Preparation and processing of Income tax examination requirements.

Job Requirements

Skills:

  • Bachelor of Economics/ Accounting/ Finance from a reputable Egyptian or Western university (i.e. Cairo / Ainshams / Alex / Helwan / AUC /UCLA ex…)
  • Proficiency in both Arabic & English
  • Excellent problem solving and communication skills
  • Experience from 7-10 Years in the Accounting & Finance Filed (out of wish 2 to 3 years in Commercial function preferable in PCE or similar industry)
  • Proven Leadership skill and experience in grooming future leaders
  • Excellent MS office knowledge Ms Word – Ms excel & Internet Navigation.
  • Participated in the Strategic Planning, Financial forecasting, and 5 year planning processes
  • Managed the corporate finance tasks including all financial, management and
    statutory accounting and reporting.
  • Performed variance analysis and cost analysis to understand inefficiencies in
    systems.

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