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. Requirements • Experience 10:15 years of experience in the field of Finance and Accounting, out of which a minimum of 5years in the Retail industry at a financial management position. • Experience in Retail / Project Management industries will be preferred. • Education: Bachelor degree in accounting, business and economic MBA is preferred • Training: Leadership, Management. • Post-graduate degree in commerce / accounting / finance. • Knowledge of management reporting, automation and accounting systems is necessary. • Accounting / Finance qualification (CPA, CA, CMA, ACCA, CFA, CIMA), MBA is a plus • Knowledge of Financial Software is necessary; ERP MS Dynamic 365 AX will be preferred. • Analytical • Computer literate. • Proficient in English Language