Commercial Finance Manager

Egypt

 Commercial Finance Manager
Regus - New Cairo

Job description
A Commercial Finance Manager (CFM) is required to manage all financial, legal and administrative operations of the country for all its legal entities, investments, business centers and operations.

Reports to: Country Manager with strong functional reporting to the CFO of the region

Duties and Responsibilities

Performance Management

Produce monthly financial reporting in conjunction with the central and local teams
Monitor (financial) performance of the business against the plans.
Manage statutory & tax filings and necessary audits and partner reporting.
Set up of local entities, bank accounts.
Support CFO to provide short and medium term performance forecasts.
Help CFO to identify risks and opportunities to the business performance and ensure plans are in place to mitigate/exploit them.
Work hand in hand with centralised teams, such as the Shared service Centre and head office
Prepare Country Business reviews and other reporting packs
Prepare models to evaluate all significant investments in the business including acquisitions, new centre opening, centre closure, expansions, contractions and all significant refurbishments.
Support to cost reductions projects through adequate data supply to procurement and local Management
Review and report to CFO that the cash resources are managed efficiently and in compliance with Regus policies.
Support CFO to ensure visibility to Management that business and financial plans meet Regus targets for profitability, growth and liquidity.
Governance and Compliance

Governance and compliance activities are to be carried out in conjunction with Regus Group functions such as Group Finance, Group Treasury; Shared Service centres (GSC).
Work with CFO to ensure compliance with all Regus Group policies including (inter alia) accounting policies, treasury policies, HR, Legal and business ethics policies.
Support and work as a unit with central and local teams to ensure proper and timely execution of month end, review data and help to analyse monthly result.
Gain enough insight of GSC and local teams working relation and duties to be ensure that all expectations are met as expected by the business.
Risk Management

Working with the CFO, local management and Group functions, proactively monitor all actual or potential areas of business risk including:

Customer risk including customer solvency.
Supplier risk including large supplier dependence.
Fraud and business ethics risks
Health & Safety

Help CFO to implement local risk management system to ensure all actual and potential risks identified are communicated to the relevant Group functions (e.g. internal audit, legal, group finance, tax etc). Help to develop risk mitigation strategies and implement with CFO.
Support to CFO to ensure compliance with all Group risk mitigation strategies including Internal Audit reviews; Treasury and cash policies including guarantees, deposits (customer and supplier), loans/overdrafts, and intercompany invoice processes and cash management.
Business process efficiency

Contribute to business process efficiency through:
Ensuring compliance with Group organisation and processes
Identifying process issues and efficiency opportunities and communicating to the relevant business owners.
Contributing to Group efficiency programs.
Support to Setup & Integration of new businesses or Products
Non-Core responsibilities

The local business organization may result in the CFM taking ownership of responsibilities and activities that would not normally fall within their core role.

Such activities may include for example:

Procurement Support
Support to Group Projects or other regions
Support to tax or corporate restructure projects
Management of external outsourcers (payroll, tax i.e.)
Insurance claims and recoveries
Due Diligence as part of M&A projects
Integration work post migration of M&A projects
Review of supplier contracts prior to local signature
Desired Skills and Experience
Essential Skills and Abilities:

Working experience: 2-5 years post graduate in comparable role
Languages: Arabic & English (fluent) – must
Education: University degree in Business Administration / Finance
Strong skills / Expert level in MS Office – Excel, Power Point, accounting software
Willing and able to step up as the business grows and expands
Used to work in fast moving, international matrix Organisation
Used to work to short deadlines
Strong Commercial sense
Generalist/Controller/Manager mind set – but needs to understand Accounting/Tax in detail too

To Apply

https://www.linkedin.com/jobs2/view/46399226?trk=jobs_home_click_jymbii&refId=e6b74780-6899-4f55-ab9c-ff84e63650f7

Post date: 6 May 2015
Publisher: Tanqeeb.com

Post date: 6 May 2015
Publisher: Tanqeeb.com