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Financial Controller

4 months ago


Cairo, Cairo, Egypt Abbott Full time

Job Title

Financial Controller Egypt (CFS)

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to:

  • Career development with an international company where you can grow the career you dream of.
  • A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
  • A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity

This position addresses tight deadlines and a multitude of accounting and controller activities including General Ledger preparation, financial reporting, maintenance of local financial policies and reporting of local entities tax and statutory financial statements.

What You'll Do:
  • Responsible for all areas relating to financial reporting.
  • Responsible for maintaining accounting principles, practices and procedures in accordance with U.S. GAAP and IFS to ensure accurate and timely financial statements.
  • Supervise a team of 9 Accounting staff.
  • Responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner.
  • Address tight deadlines.
  • Manage a multitude of accounting activities including General Ledger preparation, financial reporting, year-end audit preparation, and extending support to the FP&A Department (including forecasting activities).
  • Work closely with the Sr. Legal Counsel, & Commercial Finance Managers/Directors and the Affiliate Finance Director.
  • Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
  • Ensure accurate and timely monthly, quarterly and year end close.
  • Ensure the timely reporting of all monthly financial information.
  • Ensure the accurate and timely processing of payment transactions.
  • Ensure that the monthly Compliance activities are performed in a timely and accurate manner - i.e. Monitor and Tracking of RCIs (Reportable Compliance Incidence) and Non-RCI (Non-Reportable Compliance Incidence).
  • Supports budget and planning activities.
  • Collaborates with the other finance department managers to support overall department goals and objectives.
  • Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
  • Advise staff regarding the handling of non-routine reporting transactions.
  • Responsible for the maintenance of local legal and statutory books for tax filing of all Abbott entities in the country.
  • Respond to inquiries from the Finance Manager/Finance Director, Affiliate Finance Director, and other finance and companywide managers regarding financial results, special reporting requests.
  • Work with and support the Affiliate Finance Director to ensure a clean and timely year end audit.
  • Ensure that all financial reporting deadlines are met.
  • Assist in the development and implementation of new procedures and features to enhance the workflow of the Accounting Department.
  • Provide training to new and existing staff as needed.
  • Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
  • Work with each member of the accounting staff to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.
  • Support Affiliate Finance Director with special projects - i.e. Automation and workflow process improvements.
Required Qualifications
  • BA/BS in Business with emphasis in Accounting and CPA required.
  • 10+ years of solid accounting work experience with minimum 3-4 years in similar managerial role.
  • Multinational company experience.
  • Solid working knowledge of US GAAP and IFS.
  • PC proficient.
  • Ability to thrive in a fast-paced setting.
  • Computer literate / savvy.
  • Proven working knowledge and experience with large (AS/400) automated Accounting Systems.
  • Must have strong experience with MS Office - Excel, Access and Word.
  • Strong verbal and written communication skills in English.
  • Strong interpersonal, supervisory and customer service skills required.
  • Ability to multi-task, work under pressure and meet deadlines required.
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.

For further information, and to apply, please visit our website via the "Apply" button below.