Financial Manager
1 week ago
Job Description & Specification:
**Main Tasks and Duties**
- **Budgeting**:
- Prepare the annual budget.
- Report to management the variances in the approved budget, and the reasons for those variances.
- Assist management in the formulation of its overall strategic direction.
- **Finance**:
- Monitor & review financial transactions ensuring full compliance.
- Safeguard the company assets through adequate procedures.
- Ensure compliance with legal, tax & customs regulations.
- Professional dealing with financial consultants (auditors, tax advisers etc)
- Engage in ongoing cost reduction analysis in all company sectors.
- Interpret the company's financial results to management and recommend improvement activities.
- Review company bottlenecks and recommend changes to improve the overall level of company throughput.
- Participate in target costing activities to create products that meeting predetermined price goals.
- Assist in the determination of product pricing in relation to features offered and competitor pricing.
- Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.
- Create additional analysis and reports as requested by management.
- **Treasury**:
- Negotiate with Bank for lines of credit or other financial services as required.
- Forecast cash flow positions, related borrowing needs, and available funds for investment.
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
- Use hedgingto mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange
- Maintain a good banking relationships
- Assist in determining the company's proper capital structure.
- Arrange for equity and debt financing.
- Invest funds.
**Job Qualifications**:
- Bachelor's degree in Accounting.
- Demonstrated ability to design and implement best practices in financial and operations management.
- 3 - 5 years' of financial and operations management experience in managerial role in / or same industry.
- Proven experience managing the quality and content of all financial and accounting data, reporting, and coordinating audits for an organization or significant department/program.
- Experience with implementation and/or implementation supervision of full life cycle ERP systems (SAP, Oracle, Others).
- Work with IT staff to develop and implement new processes and systems that increase efficiency.
- Professional user in Excel.
- Proven knowledge of financial analysis and strategy
- Languages:
- Arabic : Very good
- English : Very good
**Job Details**:
- Country:
- EGYPT- City:
- Giza- Job Type:
- Full Time- Industry:
- Finance / Economics,- Gender:
- Salary Negotiable:
- Yes- Experience:
- 8 - 15 Years- Military Service Status:
- Completed**Benefits**:
- Self Medical:
- Yes- Mobile Allowance:
- Yes- Commission:
- Yes- Transportation:
- YesApply
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