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Financial Manager

Maadi, Cairo
Posted 6 years ago
436Applicants for1 open position
  • 433Viewed
  • 107In Consideration
  • 325Not Selected
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Job Details

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Job Description

The finance manager should manage Cash 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.

Accountabilities:

Management

  • Setting the tactical objectives of financial management in line with the strategic objectives of the company
  • Maintain a documented system of accounting policies and procedures
  • Oversee the operations of the treasury, including the design of an organizational structure adequate for achieving the department's goals and objectives
  • Follow-up the development of the general budget of the company annually based on the general plans and budgets for departments

Cash Management

  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Ensure that sufficient cash are available to meet ongoing operational and capital investment requirements
  • Use hedging to mitigate financial risks related to the interest rates on the company's borrowings.
  • Maintain banking relationships
  • Propose the company's proper capital structure

Budgeting

  • Manage the preparation of the company's budget
  • Report to management on variances from the established budget (Frequently), and the reasons for those variances
  • Assist management in the formulation of its overall strategic direction

Financial Analysis

  • Monitoring the general costs and productivity by preparing the monthly report of actual costs
  • Engage in ongoing cost reduction analyses in all areas of the company
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Interpret the company's financial results to management and recommend improvement activities
  • Review company bottlenecks and recommend changes to improve the overall level of company throughput
  • Compile key business metrics and report on them to management
  • Manage the capital budgeting process, based on constraint analysis and cash flow analysis
  • Create additional analyses and reports as requested by management

Job Requirements

  • 4 years’ experience in the same position
  • Intensive Experience in ERP
  • CMA or equivalent Certificate
  • MBA is a plus
  • Experience in a manufacturing company is a must

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JobsAccounting/FinanceFinancial Manager