Finance & Accounting Manager

Confidential Company - New Cairo, Cairo

723
Applicants for
1 open position
74
Seen
Experience Needed:
10 to 14 years
Career Level:
Manager
Job Type:
Full Time
Salary:
Negotiable, Performance Bonus, Medical Insurance, Mobile Package, Training & Development Plans
Languages:
Arabic, English
Vacancies:
1 open position
About the Job
  • Contribute to the development and implementation of the department's strategic priorities and goals, budget and business planning processes
  • Create and implement actionable short to medium term operational plans and budgets with operational KPIs linked to the department strategy
  • Manage, monitor and evaluate the department’s on-going performance and the quality of its outputs and services, identifying and initiating actions for improvement and innovation
  • Participate in the development of Company-wide Financial system that is appropriate to business needs
  • Establish and implement effective Financial policies that adhere to other company’s policies and generally accepted Accounting practices and meet statutory requirements
  • Develop annual budget, ensuring funding of all activities, monitor expenditures against approval levels and provide justification for significant variations
  • Conduct Budget forecasting activities as input for next year budget and also for mid course correction
  • Build strong and solid relations with key banks in territory to get the best financing and facilities rates
  • Set in coordination with the management the best achievable Returns On Investment (ROI) for Company projects.
  • Define and implement the cost allocation structures for the Company
  • Ensure that Company’s purchases and expenses adhere to agreed upon policies and procedures
  • Lead and coordinate the annual budgeting process
  • Ensure consistency and transparency of the annual budgets presented by all departments
  • Manage all existing and future investments of Company
  • Prepare the yearly financial statements
  • Submit weekly, Monthly, Quarterly and yearly reports to the Management and the Board as per standards and business needs
  • Have solid relationship with Company Investors and respond to their clarifications and queries
  • Manage and oversee the treasury function in delivering effective liquidity and cash management services as well as management of funds and investment
  • Direct, motivate and develop reporting staff to insure that performance is managed and that activities are carried out adequately
  • Oversee the accounts payable, accounts receivable and general ledger activities
  • Provide an efficient and readily accessible recording system of all accounting data and statistics to meet commercial and statutory requirements
  • Oversee the development and implementation of new accounting systems and procedures to meet the changing requirements and the anticipated future needs of the business
  • Manage the cash position of the Company to ensure sufficient funds are available in case of contingencies
  • Direct the maintenance of fixed asset records, related depreciation accounts, and provide interpretive assistance as to the proper capitalization/expensing of outlays and grouping of fixed assets to ensure consistency in accounting year over year
  • Generate commitment, motivation and enthusiasm for the Finance department
  • Provide clear direction, prioritize tasks, assign and delegate responsibility and monitor the workflow of the Finance team
Job Requirements
  • Bachelor’s degree in Finance from a recognized university
  • Master’s degree is preferable
  • CMA/CFA certification is preferable
  • A minimum of 10 – 14 years experience in Finance/Accounting operations with at least 4 years of relevant work experience in senior position (within Finance domain)
  • Knowledge of end to end budgeting and planning systems and business processes
  • Experience in Construction and EPC business is preferable
  • Hands on experience of MS packages especially Spreadsheets. ERP awareness is an absolute advantage
  • Fluent in Arabic and English
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