Regional Financial Controller
Abdul Latif Jameel Community Initiatives
Total years of experience :25 years, 6 Months
This position is responsible for directing the general and cost accounting functions in the region for multiple business units and locations, Ensure timing and accuracy of consolidation for accounting financial statements and other reporting group requirements. These functions include establishing and maintaining the region’s accounting principles, practices and procedures and initiatives in accordance with Corporate Finance directives and standards.
- Develops adequate policies, procedures and processes for the Cost Control function to maintain efficient operational excellence.
- Supervise purshasing of fixed assets and implementing of ERP system
- Manage the preparation of the company's budget.
- Analyzes a variety of financial information (e.g. revenues, expenditures, cash management, cost projections, for the purpose of providing direction and support, making recommendations, maximizing use of funds, and/or ensuring overall operations are within budget.
- Report to management on variances from the established budget, and the reasons for those variances.
- Monitors budget allocations, expenditures, fund balances and related financial activities for the purpose of ensuring that allocations are accurate, revenues are recorded, expenses are within budget limits and/or fiscal practices are followed
- Responsible for the development and maintenance of appropriate internal control systems to deliver compliance with corporate policies in all administrative functions .
- responsible for performing a detailed review of the project actual to budgeted costs and identified potential issues and communicating them to the site Manager.
- Ensure compliance with Egyptian rules and regulations, including preparation and maintenance of legally required financial statements in line with International accounting standards and policies.
- Provide financial advice and support to the Board of Directors and act as the first point of contact for any financial queries/request.
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-Responsible for the Monthly, Quarterly, and annual reporting of financial data.
-Responsible for the financial company activities in Egypt.
-Handling Quarterly and annually financial audit with the Central Auditing Organization, the Egyptian Mineral Resources Authority and General Authority For Investment.
-Fully responsible for the all kind of Taxes, payroll, sales, withholding and income tax .
-Responsible for the development and maintenance of appropriate internal control systems to deliver compliance with corporate policies in all administrative functions .
-Provides direction and financial advice for the development of annual and longer-term business strategies, objectives and plans.
-Ensure compliance with Egyptian rules and regulations, including preparation and maintenance of legally required financial statements in line with Egyptian accounting standards and policies.
-Responsible for managing treasury function, including company bank accounts, the reporting and forecasting of business cash flows, and control of financing requirements (overdrafts and loans), in addition to customer and accounts receivables management.
-Provide financial advice and support to the Board of Directors and act as the first point of contact for any financial queries/request.
-Responsible for ensuring all the proper financial controls and reporting is in place to manage the local Partner EMRA, including the quarterly audit with EMRA,
-Develops policies, procedures, guidelines and standards related to the Corporate Finance functions
-Plan, organize, direct and control human resources, payroll and social insurance preparation according to the Egyptian law and track employees annual leave balances.
-Control fixed assets, inventory and site operation.
-Supervise purchasing and contracting process including collecting offers and preparing suppliers’ contracts with legal advisor.
-Liaise with the Executive Director and Division Managers in order to ensure financial procedures are effectively outlined in compliance with set financial guidelines.
-Lead the negotiation and manage the insurance of all the assets and facilities of the business unit.
-Analyze, recognize and manage the risks that may arise in the business.
-Performs other duties as assigned by the Board of Directors.
-Supervise company project in Eritrea.
-Reporting: responsible for issuing monthly report to headquarters including financial statement in accordance with U.S. GAAP, sales volume, SKU analysis, overheads, weekly and monthly bank reconciliation.
-Accountable on issuing weekly cash flow statement, issuing of checks and bank transfers, petty cash handling and replenishment
-Responsible for co-ordination, preparation and submission of monthly, quarterly and annual accounts including supplementary schedules in accordance with (US GAAP) and group timetable, in addition to local statutory requirements.
-To support the Egypt business unit in all financial activities, such as cost control & document flow
-To process, analys KFE overheads, ensuring expenditure is in line with company policy and any excessive overheads are highlighted and reported,
-Superviosion revised Static Data for MFG system
payable accountant
-Working as an auditor in the audit department to do the following:
-Assist in preparation of Financial Statements.
-Assist in preparation of the Audit Report as well as Management letter based on the results of the field work
-Perform examination of financial statements and financial reviews
-Throughout this period was involved in the audits, internal audits and feasibility studies for various industries which cover: Banking, hospitality, investment companies, courier, manufacturing, trading, advertising and non-for-profit organization.