Prepares the Plant Finance department operating budgetand consolidates all departments' budgets, and monitors operating expenses against the approved budgets.
Prepares the Plant Finance department policies and procedures manual to the overseen finance and accounting functions ensuring they are compliant to the laws and regulations of the stipulated Egyptian laws including; sales, income, and general taxes, to eliminate any liabilities on the company, submits to the CFO to review and approve. Monitors their ongoing implementation and compliance. Incorporates all changes upon their occurrence, and ensures clear communication of those changes to the relevant departments.
Sets the standards and performance measures (KPI)s of the Finance department in line with the company’s strategic direction, Submits to the CFO to review and approve. Cascade it down to his direct reports monitors their timely implementation, and ensures achievement of their objectives.
Ensures that the administration of the monthly payroll is done properly.
Monitors and approves all cash in-flow and out-flow to ensure proper cash flow management.
Manages and monitors all activities within the Financial Reporting and Budgeting including; financial analysis and reporting, budgeting, GL maintenance, and cash management.
Ensures protection of company assets, internal control, internal auditing and assuring proper insurance coverage.
Supervises the implementation of any new Financial systems or programs and ensures proper staff orientation and training on those systems.
Prepares and submits the monthly financial reports (i.e. P&L, analysis of actual vs. budget, bank reconciliation and Balance Sheet reconciliation) to the Group CFO.
Generates management, and statistical reports for the top management to help them in the decision making process.
Liaises with the external auditor while ensuring the implementation of their management observations in due time and with the level of efficiency required.
More than 20 years
Bachelor's degree, major Accounting. CMA , CPA is preferred.
Preferred MBA holder.
20+years of professional experience with 5 years in a similar position.
Must have experience in the industrial sector at least 10 years.
This position requires a critical eye and solid analytical skills