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CFO

Chema industries
Cairo, Egypt
Posted 2 years ago
314Applicants for1 open position
  • 13Viewed
  • 0In Consideration
  • 0Not Selected
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Job Details

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Job Description

The Chief Financial Officer (CFO) provides operational and professional support to the company and its stakeholders. Responsible of supervising the Finance department, controlling all financial-related activities, and directly assisting on all strategic and tactical matters as they relate to budget management, cost-benefit analysis, forecasting needs, and the securing of new funding. 

  • Oversee and provide guidance in the development and management of budgets and operating plans.
  • Develop performance measures that support the Company’s strategic direction.
  • Responsible for implementing and cascading the Company’s strategic plan to all staff and partners and implementing practices to align personnel to deliver on Chema mandate and goals effectively.
  • Provide supportive leadership and probity to Chema operations that are efficient, and effective and ensure that there is proper management of all human, financial, and physical resources.
  • Accountable for the design, development, operation, and improvement of the systems that are required to deliver the organization’s business plans.
  • Contribute to strengthening and overseeing the staff's understanding, adherence, and ownership of the existing systems, policies and procedures of the Company.
  • Ensure that the security, safety, health and environment policies are in place, adhered to and regularly reviewed.
  • Manage the accounting and treasury processes.
  • Oversee the company's transaction processing systems.
  • Implement operational best practices and supervise acquisition due diligence and negotiate acquisitions.
  • Participate in Credit Committee meetings and provide pre-approval for credit sales.
  • Supervise the financial monitoring, reporting and record-keeping within the company.
  • Oversee and implement a robust financial management system.
  • Ensure prudent management and stewardship of all assets of the Company.
  • Report periodic financial results to the General Management and Board of Directors.
  • Manage the risks of the Company as set out in the risk management strategy, including the risk management framework and fraud prevention plan as set out in the Company’s policies.
  • Monitor all open legal issues involving the company, and legal issues affecting the industry.
  • Ensure that the company complies with all legal and regulatory requirements.
  • Supervise and manage annual external audit procedures with the auditors and direct the implementation of the recommendations from external audit reports.
  • Monitor cash balances and cash flow forecasts.
  • Supervise banking arrangements, and debt financing, and maintain banking relationships.
  • Develop, monitor and evaluate Key Performance Indicators of the Finance team and conduct the Performance evaluation.
  • Guide and support in development, implementation and monitoring of incentives/rewards schemes.
  • Identify appropriate training needs for the Finance team as part of in-house capacity building
  • Support in the review and implementation of HR policy manual and ensure compliance with local and international Labor laws.
  • Work with the General Manager in planning the agenda and materials for the Annual General Meeting, Board, and Operations meetings.
  • Initiate and work with the General Manager in developing policy recommendations and in setting priorities for the Company.
  • Provide input regarding the Company’s strategy and operational implementation and implications.
  • Ensure the company is in full compliance to legal requirements and good corporate governance.
  • Review and Optimize Capacity strengthening initiatives of the Company.
  • Deliver presentations on behalf of the organization and stand in for the GM as and when required.
  • Strengthen coordination and liaison with external partners and shareholders.

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