Head OF Finance
Badr City, CairoPosted 2 years ago281Applicants for1 open position
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- 6In Consideration
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Job Details
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Job Description
- Monitor and manage daily accounting and costing activities of business unit to ensure smooth execution of business and adherence to group financial policies and procedures.
- Monitor and review all accounting and cost accounting ledger entries to ensure their timely booking and compliance with group financial policies and procedures and international financial reporting standards.
- Ensure accurate execution of month-end closure of financial books of business unit in a smooth and timely manner and in accordance with group financial policies and procedures.
- Ensure accurate and timely preparation and submission of cost and overheads portions of the annual budget, QBR and MYF financial packs with all underlying workings and reconciliations.
- Ensure the accuracy of all inventory related standard costs.
- Ensure that inventory is managed effectively to support business objectives and in compliance with group policies.
- Review and approve bank and petty cash payments in an accurate and timely manner.
- Ensure physical safeguarding and effective operation of Fixed assets in coordination with other departments.
- Ensure CAPEX spending is budgeted/approved as per company policies.
- Actively monitor internal control compliance across all functions of the business unit and accordingly advise relevant departments for ensuring strict adherence to Group policies and procedures.
- Coordinate all internal and external audits across all functions and provide necessary support to other functions for timely resolution of audit points.
- Ensure smooth execution of all financial audits and timely resolution of all audit points for Finance function.
- Ensure timely and accurate preparation of periodic statutory financial statements in compliance with international financial standards.
- Provide necessary support to Reporting function and Sr. Finance Manager for variance analyses and cost/expense reconciliations related to accounting and costing functions during month-end/budget/MYF/QBR/etc and as and when requested.
- Prepare and submit reports/information requested by HO Finance/Reporting function/Sr. FM in accurate and timely manner.
- Liaison with bankers, lawyers, insurance and other external customers of the business on behalf of Finance department to ensure smooth execution of business and resolution of all related issues.
- Ensure professional development of direct reports leading to increased motivation and better work output.
Job Requirements
Minimum Qualifications:
- Degree in finance/accounting
- Qualified Accountant: CPA / CA is preferred
Minimum Experience:
- 10 years ‘experience out of which 3 to 5 years should be at management level
- FMCG and/ or manufacturing experience is a must
Functional Knowledge:
- Good understanding of accounting practices
- Good Understanding of IAS/IFRS
- Vast costing knowledge
- Good command over Internal Controls
- Strong reporting and analysis
- ERP Experience is a must, preferably Microsoft Navision
Job-Specific Skills:
- Strong communication skills
- Leadership and mentoring skills
- Excellent planning and organisational skills
- Strong analytical skills
- Good understanding of IT business tools
Good understanding of Production management