WHO IS LAFARGE?

As a member of Holcim Group, a global leader in innovative and sustainable building solutions, Lafarge is enabling greener cities, smarter infrastructure, and improved living standards all over Egypt. With sustainability at the core of our strategy, we are becoming a net-zero company, thriving with our people and communities. Lafarge Egypt launched one of the largest cement plants in the MENA region which is located in Ain Al-Sokhna, with a plant capacity of 9.5 MT and 5 state-of-the-art production lines. Through its established business operations in Cement, Ready-Mix concrete, Lafarge Egypt has demonstrated its commitment to the provision of sustainable building materials. Lafarge Egypt continuously seeks to meet the needs of a wide range of customers including but not limited to individual homebuilders, large construction companies, architects, or local artisans, powered by 1500 passionate employees.

Overview

• Lead financial planning and control for the cement plant, acting as a financial business partner with the plant's Executive Committee (EXCO) to support company targets and drive process improvements.
• Establish and maintain key financial controls across all manufacturing cycles, including costing, production, inventory, repair and maintenance, third-party services, and capital expenditures (CAPEX).
• Manage essential financial processes, such as month-end closing, annual budgeting, monthly forecasting, and the development of the three – five year strategic financial plan. Provide financial analyses to monitor business performance and identify risks and opportunities.
• Oversee Procure-to-Pay (PTP) processes and validate major contracts from a financial perspective, participating in procurement projects to ensure financial accuracy and monitor actual performance.
• Ensure all related cycles comply with company policies and minimum control standards..

Responsibilities:

1-Health & Safety:

• Adhere to and enforce relevant legislation and policies and ensure that the highest degree of safety and safe working practices are maintained.

2-Functional:

Inventory Control

• Manage and reduce inventory levels sustainably by coordinating with plant and procurement teams to meet budget/target levels.
• Address slow-moving, rejected, and obsolete items, ensuring actions are taken to mitigate inventory risks.
• Oversee physical inventory counts per company policy and manage monthly meetings to discuss stock take results, variances, and investigations.
• Reconcile imported materials, analyzing differences between port and plant volumes, including moisture content, in collaboration with the sourcing team.
• Monitor and investigate unusual inventory movements.

Cost Accounting:

• Supervise end-period closing tasks, including monthly costing and closing processes.
• Ensure accurate application of stock takes results according to company policy.
• Review provisions for obsolescence, site restoration, and decide on booking or reinvestigation with SC Controller and CFO.
• Provide detailed product costing analysis.

Financial Planning and Analysis

• Develop and challenge budget and forecast for plant costs and inventory levels, reviewing assumptions with plant EXCO before submission.
• Conduct feasibility studies and scenario analysis for budget/forecast decisions with financial impact, providing recommendations.
• Report monthly plant and financial KPIs to group and plant management.
• Analyze plant costs vs budget and prior year, submitting recommendations on risks and opportunities to plant management and SC Controller.
• Present monthly financial analysis and results to plant management, covering KPIs, operating costs, materials costs, CAPEX performance, and inventory.

Capex Control:

• Conduct feasibility studies on major projects requiring high financing, challenging non-feasible projects.
• Report CAPEX to group and plant management.
• Monitor CAPEX spending and calculate ROI for new projects, presenting actual ROI to the manufacturing director and country financial controller.

Internal Control/LHARP Compliance:

• Implement internal control standards and compliance rules.
• Align company practices with group rules (LHARP), including cost allocation, cost centers, variable and fixed cost breakdowns, and headcount definitions.

Internal & External Audit:

• Participate in and fulfill internal and external audit requirements.
• Ensure timely implementation of audit recommendations.
• Conduct risk assessments for Plant and PTP processes, collaborating with internal control to identify and mitigate risks.

Qualifications

Education and Work Experience:

Education:

• Bachelor degree of commerce, IFRS/CMA/CPA is preferred

Skills:

• Budgeting, Forecasting, Controlling and SAP
• Financial Modeling
• Advanced Excel
• Variance Analysis
• Scenario Planning & Sensitivity Analysis
• Excellent interpersonal and communication skills.
• Highest Level of analytical skills.
• Outstanding Leadership skills

Experience:

• 9-11 years in FP&A or Controlling roles with at least 4 years in managerial position

WHO ARE LAFARGE PEOPLE?

Lafarge people are passionate about finding better ways to build. They embrace innovation and improvement with a pioneering spirit. They work as trusted partners, creating better solutions and experiences for their customers, communities, and colleagues.

YOUR LAFARGE EXPERIENCE

At Lafarge, there is endless opportunity for you to play your part. Whether you’re in a technical, managerial, or frontline role, you can shape a career that works for you. With us you’ll have the chance to embrace the passion we share for our planet. You’ll be encouraged to seek out diverse perspectives, share your ideas, and build the skills and connections you need to perform at your best. Because it’s only when we work together in a culture where everyone thrives, that we can build the world we all want to live in.