Financial Analyst
Somabay -
Hurghada, Red SeaPosted 6 years ago87Applicants for1 open position
- 77Viewed
- 5In Consideration
- 70Not Selected
Job Details
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Job Description
Duties & Responsibilities:
Planning:
- Responsible for monitoring the budget
- Responsible for the short-range and long-range budget reviews/updates, analyze and evaluate data from various sources, and prepare month-end financial variances.
- Prepare annual operating budget and quarterly budget updates; assist in preparing a monthly profit and loss statement
- Designs analytical reports and prepares complex financial trend and data analysis reports; pro-actively identifies potential data and analytical needs to support management; provide business development support as needed by modeling various corporate transaction alternatives.
- Participate in the close process by working with department managers to ensure adequate and accurate accruals are maintained; support the accounting team within the quarterly closing review and analysis
- Will regularly and pro-actively review the business financial controls to ensure eliminating business risks associated with pricing, billing and collection.
Cash Planning & Management:
- Directs cash management operations to include daily cash administration, management of current accounts and bank relations.
- Reviews and drives improvements in cash management, ensuring financial obligations are met in accordance with Company policies and procedures.
- Timely reconciles cash application and disbursements.
- Monitors cash transactions to ensure that bank account balances to the report and any unusual items are investigated.
- Forecasts, monitors and tracks cash flow (weekly, monthly, quarterly etc.).
- Prepares cash flow reports, and identifies and evaluates variances.
- Works with business unit management (including functional leaders) to accurately forecast timing and amount of cash flows during future intervals as per the Financial Model designed.
- Assists with project assignments and financial reporting.
Cost Management
- Works with the Financial Controller from one end and the FM functional leaders from another; to set up the cost models for the different services rendered
- Maintains the full financial cycle, rendering to collection
- Review the actual cost vs. pricing to ensure business profitability within the main business guidelines
- Produces, presents and discusses analytical costing reports on the business with the financial controller.
Job Requirements
- Minimum 2:3 years of experience
- Detailed oriented person
- Facility Management Experience is preferable
- Business oriented
- ERP system user