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Financial Head - Group Services

Almosafer
Mohandessin, Giza
Posted 5 years ago
303Applicants for1 open position
  • 63Viewed
  • 0In Consideration
  • 0Not 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 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 spend 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 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 m

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 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

  • Bachelor’s Degree in Finance / Accounting or related field
  • Master’s degree in Finance / Accounting is preferred
  • Level of F&A competence: Proficient
  • Relevant certification such as CPA, CA or ACA
  • CIMA, ACCA desired
  • Prior working knowledge of ERP systems (SAP/ Oracle) is preferred
  • A minimum of 12 years of relevant experience with at least 5 years in a similar role
  • 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
  • Fluent written and spoken English is an advantage
  • Fluent written and spoken Arabic preferred

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