Financial Manager

El Batal Co. - Sheraton, Cairo

Applicants for
1 open position
Experience Needed:
More than 10 years
Career Level:
Job Type:
Full Time
Confidential, Bonus
Education Level:
Bachelor's Degree at least
1 open position
About the Job

Basic Function: The finance manager should manage funds in such a manner as to maximize return on investment, ensuring that an adequate control structure is in place. Further, the finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance.

Principal Accountabilities:


  1. Maintain a documented system of accounting policies and procedures
  2. Manage outsourced functions
  3. Oversee the operations of the treasury department, including the design of an organizational structureadequate for achieving the department's goals and objectives

Funds Management

  1. Forecast cash flow positions, related borrowing needs, and available funds for investment
  2. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  3. Use hedgingto mitigate financial risks related to the interest rates on the company's borrowings.
  4. Maintain banking relationships
  5. Assist in determining the company's proper capital structure
  6. Arrange for equity and debt financing
  7. Invest funds
  8. Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows


  1. Manage the preparation of the company's budget
  2. Report to management on variances from the established budget, and the reasons for those variances
  3. Assist management in the formulation of its overall strategic direction

Financial Analysis

  1. Engage in ongoing cost reduction analyses in all areas of the company
  2. Engage in benchmarking studies to establish areas of potential operational improvement
  3. Interpret the company's financial results to management and recommend improvement activities
  4. Review company bottlenecksand recommend changes to improve the overall level of company throughput
  5. Participate in target costingactivities to create products that meeting predetermined price goals
  6. Assist in the determination of product pricing in relation to features offered and competitor pricing
  7. Compile key business metrics and report on them to management
  8. Manage the capital budgetingprocess, based on constraint analysis and discounted cash flow analysis
  9. Create additional analyses and reports as requested by management
Job Requirements
  1. The finance manager candidate should have a Bachelor's degree in Commerce and 10+ years of progressively responsible experience for a major company or division of a large corporation.
  2. Preference will be given to candidates with:
  • CPA or CMA
  • Oracle or SAP.
  • Construction or real estate background
  1. Excellent communication skills are essential, particularly in regard to presenting the results of analyses to management.
  2. Supervises:All treasury staff, as well as financial analysts and cost accountants
  3. Location: Sheraton Heliopolis


  • Social Insurance
  • Medical & Life Insurance
  • Pension Scheme
  • Recognition, Incentive & Bonus
  • Internal & External Training Plan
  • Promotions Grades & Career path
About this Company

Al-Batal Company for Housing and development is one of the largest real estate companies in Heliopolis
Using its large experience in the field of real estate investment , the company aims to provide the best service and residential units, characterized by their splendor... (More)

See all Careers and Jobs at El Batal Co.
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