Financial Manager / Director

The candidate will be responsible for managing both the day-to-day finance operations and the strategic financial position for the company and will report directly to the CEO.

The main tasks and responsibilities of the position are as follows:
• Participate in and oversee execution of the operational strategy and planning.
• Participate in the development of commercial deal structuring and deal negotiation.
• Identify, measure, and manage financial risks.
• Control & supervise all accounting functions, allocation of expenditures including but not limited to G&A expenses, operational expenses, capital expenditures, establishment expenses & investment related expenses.
• Work with other managers within the Company to define and implement procedures needed to automate the Company business processes.
• Direct the preparation of financial reports, including income statements, balance sheets, cash flows, reports to shareholders, tax returns, and reports for regulatory agencies.
• Participate in the preparation and presentation of the quarterly board reports and presentations.
• Provide weekly reports to management on the status of receivables, payables, collection, cash flow and other KPIs related to the financial position of the company.
• Perform financial statements consolidation among the different company offices and subsidiaries on monthly basis
• Provide accurate project costing/accounting reports based on the work-in-progress method to calculate the profitability of on-going projects.
• Devise and oversee the annual corporate budget and maintain control and oversight of profit and cash flow targets, revenues and costs.
• Undertake any additional activity as may be instructed by the Chief Executive, including but not limited to negotiating contracts, initiating proposals, monitoring work of consultants, and closing deals as necessary
• Establish and implement modern project costing standards throughout the company’s accounting procedures.
• Monitor the management of treasury funds, Negotiate with banks and manage company banking relationships, financing facilities and other accounts.
• Budgetary allocations, and fixed asset purchases, tagging, movement, and sales.
• Generate monthly, quarterly and annual reports to present to management and recommend improvements to ensure the smooth functioning of the organization
• Recommend cost control measures.
• Ensure appropriate internal accounting audit and control measures are installed within the Company and all its subsidiaries.
• Manage company cash flow and coordinate departmental activities and initiate procedures for recovery, collections and credit follow up.
• Conduct regular liquidity, activity, profitability and safety analyses of Financial Statements.
• Support the Chief Executive in planning and directing all aspects of Company’s financial strategies, planning, policies, objectives, and initiatives.
• Support the Chief Executive in developing the annual strategic plan of the Company.
• Manage the staff of the finance and accounting department

Skills:
The ideal candidate should be a be a qualified accountant (ACA / ACMA / ACCA) with a minimum of 3 years Financial Management experience operating in a similar environment at a medium to large organization (ideally in the IT or consultancy industry) with intimate knowledge about local and regional financial laws in Egypt and the Middle East. An international accounting experience and proven leadership experience with the ability to mentor and develop highly educated and technically strong qualified and partly qualified staff is a MUST.

The ideal candidate is expected to be hands-on by being able to work with his staff to generate and analyze the financial reports required by Management. The candidate should be skillful in using Microsoft Office applications (Excel, Power Point) and should possess excellent presentation and analytical skills. The candidate should also have practical experience in performing financial statement preparation, financial statement consolidation, project costing/accounting, budgeting, and managing external audit teams.