CFO Africa Cluster

Novartis - Cairo

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Experience Needed:
More than 10 years
Career Level:
Senior Management (e.g. VP, CEO)
Job Type:
Full Time
Salary:
Confidential
Languages:
Arabic, English, French
Vacancies:
1 open position
About the Job

Job Purpose :

  • Plan, organize, control, and identify business opportunities and exposures for the organization and assist local and area management to achieve its targets. Ensures integrity and compliance of the financial statements and ensures that necessary procedures and controls are in place and aligned with internal and external requirements.
  • Lead, manage and motivate the team to meet/exceed KPIs and to build increased organizational capabilities across functions.

Major Accountabilities :

  • Provide independent general business, entrepreneurial, consultative, analytical, interpretive, strategic, and financial counsel to Cluster Head to attain sales, operating profit and key product market share objectives for the cluster
  • Lead and direct finance and control function of the cluster to ensure integrity of financial information, statements, internal controls, SOX compliance, effective / efficient administration, effective management of working capital and optimum financial and execution of finance/tax plans to maximize the country’s after-tax operating income.
  • Monitor and enforce compliance to ensure legal compliance (ex. US Foreign Corrupt Practices Act), all local country’s laws and regulations and consistent application/compliance with Alcon Group corporate policies, procedures, ethics and adequacy of internal controls including internal and external audit recommendations.
  • Coordinate functionally direct local logistics/supply chain/customer service organizations to achieve defined KPIs including maximizing service levels while maintaining optimal stock levels as well as using good purchasing practices to reduce out of pocket and capital spending.
  • Lead and direct the development of effective annual operating and finance/tax plans to provide effective map and benchmarks to guide, assess performance and make adjustments as necessary to achieve countries sales, financial and market share objectives.
  • Ensure cost-efficient and coordinate and effective IT support across Cluster in collaboration with NBS IT in the Cluster, driving necessary infrastructure and software development programs, IT training programs, and securing the safety and integrity of the Cluster information and systems
  • Manage all personnel and capability activities for the Cluster Finance, ensuring effective personnel selection, development, retention and motivation, as well as overall group capability development
  • Coordinate the Purchasing function to ensure targets are met, ensure purchasing process are in place and followed up to support all company functions/ divisions with a robust compliance and input to cluster and global programs as appropriate
  • Lead change and innovation initiatives within the local market designed to improve the effectiveness of key processes.
  • Work cross functionally with counterparts to effectively manage and control customer pricing with the goal of maximizing revenue opportunity and execution of longer term strategic plans.
  • Exercise the role of Business consultant to Cluster Head by reviewing and making recommendations on financial and administrative implications in area of responsibility for business opportunities, product launches, new strategic directions, process improvements, etc.
  • Provide proactive financial leadership for the Cluster by developing analytical and financial insight for all important long and short-term decisions, including resource allocation outcomes and processes, Cluster investments, and external business partnerships
  • Manage all Cluster financial planning, processes and relationships, (i.e. NFCM & Sarbanes Oxley processes)
  • Analyze operating results and proactively identify areas of potential concern, initiating corrective action when necessary, and identify innovative ways to improve business sales and profit
  • Establish and manage effective financial control processes, including quarterly and annual financial planning, goal setting, and target monitoring, as well as budgetary and purchasing controls
  • Drive Cluster reporting activities, ensuring financial results’ integrity and timely preparation
  • Manage relations with external auditors and stakeholders, and prepare the organization for all relevant regulatory and tax audits by ensuring adherence to necessary financial, administrative and corporate compliance (i.e. SOX) standards
  • Develop talent and build organizational capability across all areas t
Job Requirements
  • University degree in business or related field
  • Advanced degree in business, finance or economics
  • MBA preferred
  • Relevant tax and/or financial planning certifications preferred
  • Fluency in English & French is a plus
  • Knowledge/Fluency of Arabic language preferred

Experience:

  • Extensive experience (7-10 years) with full P&L and Balance Sheet responsibility for all facets of a blue-chip multinational business (Healthcare or consumer health experience would be a plus.)
  • Solid experience (minimum of 5 yrs.) in building and leading a world-class finance team
  • Multi-country financial operations experience is a plus point for this position, as is local-country experience, particularly as a country or regulation CFO. Country-level experience should have included FP&A as well as accounting and internal controls responsibilities.
  • At least 10 years of operational financial experience in direct support of a business with experience as a controller or Finance Director within a finance division
  • A proven track record establishing and ensuring strong internal control compliance policies, processes, and practices; SOX experience is considered a strong asset.
  • Ideally with significant experience managing the financial aspects of an international trading company, so international tax and supply pricing knowledge is important to the function
  • Thorough understanding of the business cycle and financial issues, including its regulatory environment
  • Thorough understanding of relevant tax and governance codes, and ability to ensure compliance across a complex and geographically-dispersed organization
  • Significant experience influencing and gaining credibility with Corporate Executives.
  • Excellent communication and leadership skills, with proven ability to manage and develop other financial professionals
  • Cross functional management or significant experience working with non-finance disciplines preferred
  • Cross country experience would be advantageous
About this Company

Novartis is a global healthcare company based in Switzerland that provides solutions to the evolving needs of patients worldwide.

See all Careers and Jobs at Novartis
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