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Senior Financial Manager

Mohandessin, Giza
Posted 5 years ago
311Applicants for1 open position
  • 16Viewed
  • 8In Consideration
  • 6Not Selected
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Job Details

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Job Description

Strategic and Managerial Responsibilities:

  • Develops the strategy for the Group Services Division and guides the development of a strategy for the reporting sections.
  • Oversees the preparation of the annual budget and annual operating plan for the Group Services and reporting sections.
  • Manages the annual budget spending as per the annual operating plan for the Group Services Division and monitors deviations if any.
  • Measures performance against financial and strategic KPIs for the Group Services Division and provides guidance for the achievement of targets.

Core Responsibilities

Group Services Policies and Operational Excellence

  • Streamlines the entire Group Services processes including Procure to Pay, Order to Cash and Record to Report, leading to a reduction of administrative time and effort related to the requisition creation and supplier payment processes.
  • Reviews internal control processes and rectifies governance risks for the Group Services processes.
  • Ensures adequate internal controls are in place for proper process implementation.
  • Examines and enhances existing processes for continuously driving operational excellence, process improvement and service extention management.

Group Services Operations Management:

  • Directs the process of identifying issues with invoice processing, performing corrective actions to resolve concerns and routing documents for resolution or approval.
  • Ensures implementation of the process for vendor invoice payments, ensuring accuracy, proper approval and coding using the SAP modules.
  • Monitors the process of generating invoices using the billing system under SAP modules in an accurate and timely manner to avoid delay/loss in revenue.
  • Directs the administration of the SAP modules ensuring compliance with ATG policies and procedures and in line with best practice / statutory frameworks.
  • Monitors the key investigations for large unapplied customer cash receipts and un-cleared cheques and guides the team to take necessary action to remediate the issues.
  • Directs the pre-capitalization review of assets to assess the average cost, compliance of capitalization threshold and suitability of description against assets, in order to ensure overall quality assurance of FA records.
  • Enforces reconciliation of bank accounts with the general ledger including reconciling checks and/or deposits in an accurate and periodic manner and investigates any bank reconciliation discrepancy.
  • Ensures the archiving, cataloguing and control of documents for ATG to ensure all the document archival needs are aligned with the internal controls processes & procedures.
  • Reviews records and analyses information about financial status of customer and status of collection efforts.
  • Liaises with the internal/external auditors to facilitate an effective audit of the internal process ensuring adherence to ATG policies and procedures.

Group Services Enhancements

  • Guides team to seek value adds and continuous improvement opportunities to the Group Services processes to drive stakeholder satisfaction.
  • Supervises activities related to process improvement and scope extension within Group Services processes.

People Management Responsibilities

  • Defines goals and key performance indicators for each member of the team and ensure effective implementation of the ATG performance management process.
  • Manages the team members by evaluating their performance, providing feedback on an on-going basis, identifying development needs and coaching them to ensure capability development.
  • Performs other responsibilities and tasks as directed by the Group CFO in order to meet department objectives.

Job Requirements

Must To Have:

  • Bachelor’s Degree in Finance / Accounting or related field
  • A minimum of 12 years of relevant experience with at least 5 years in a similar role
  • Fluent written and spoken English is a MUST
  • Prior experience in leading the accounting function for a large organisation with experience in SAP modules deployment and operations especially in a retail industry environment.
  • Basic understanding of the tourism / hospitality landscape in the region
  • Sound organizational skills
  • Strong ability to understand business processes and identify risks associated with the same
  • Ability to perform root cause analysis and scenario analysis
  • Strong ability to manage teams
  • Strong relationship management skills
  • Strong decision-making skills

Nice To Have:

  • Master’s degree in Finance / Accounting is preferred
  • Relevant certification such as CPA, CA or ACA
  • CIMA, ACCA desired
  • Prior working knowledge of ERP systems (SAP/ Oracle) is preferred

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