Financial Controller

Responsibilities:

 Sets the standards and performance measures (KPI) s of Budget & Costing section in line with the company’s strategic direction.

 Submits to the Finance Director to review and approve. Cascade it down to his direct reports monitors their timely implementation, and ensures achievement of their objectives.

 Preparation of the annual budget of the company.

 Following the revenues, COGS and expenses against the agreed upon budget.

 Reporting and taking the required action against any deviation.

 Periodically comparison of actual against standard product cost.

 Building a solid clear system for each product costing.

 Calculating and Following all licensors dues

 Prepares and submits the monthly operational expenses to be allocated to indirect COGS.

 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.

 Preparation of medium and long term forecasts for the standalone or consolidated entity.

 Act as a local financial controlling to deliver accurate monthly accounting close and balance sheet integrity through close monitoring and analysis of accounts.

 Compile monthly reporting packages to support business reviews.

 Review monthly closing procedures and accrual bookings for accuracy (Pre-Close, During Close and PostClose)

 Conduct and present a detailed financial analysis of the different financial cycles (i.e. sales, leasing, working capital, loans …,etc) to the VPs./CEO and ensure that any actions driven by the findings take place.

 Advise on projects funding and establish control mechanism of cash flow. Lead coordination with Treasury on the management and operation of projects financing.

 Lead the development of the annual budget, including the P&L, balance sheet, and 5 Years strategic plan.

 Prepare rolling forecasts for projects, incorporating new information and adjustments as needed.

 Develop cash flow forecasts for the entire project, reflecting surpluses or funding needs based on the development plan.

 Co-pilot the Financial strategic direction of the business through monthly review and variance reporting and improvement initiatives.

 Monitor the economy across the region with a focus on Egypt retail, and commercial properties and advise the portfolio heads on updates, risks and opportunities.

 Develop reports and schedules as required for external and internal purposes to ensure that any business decision is backed up with the right financial data.

 Implement and maintain budgetary controls over operating expenses and capital expenditures.

 Primary interface between Business Teams, Local Finance team, Group Finance, Internal and External Audit, and internal management in managing finance operations and financial reporting.

 Lead the finance improvement projects, particularly in relation to reporting automation, system implementation and process improvements.