Job Description

The Financial Reporting Manager will play a critical role in overseeing the accurate and timely financial reporting for the company. This role requires extensive experience in financial statement preparation, regulatory reporting, and ensuring compliance with Egyptian and international accounting standards. The ideal candidate will possess a strong understanding of f financial systems, processes, and controls, and will have a proven track record of leading teams and managing complex financial operations in a fast-paced environment.

Key Responsibilities:

• Financial Reporting:
• Prepare and review financial statements, including balance sheets, income statements, cash flow statements, and other reports in accordance with IFRS (International Financial Reporting Standards) and Egyptian accounting standards.
• Ensure timely and accurate financial reporting, including monthly, quarterly, and annual reports.
• Lead the preparation and presentation of consolidated financial statements for senior management and stakeholders.
• Regulatory Compliance:
• Ensure compliance with local regulatory requirements, including tax filings, statutory reporting, and other legal financial obligations.
• Coordinate with external auditors for annual audits, ensuring all required documentation and schedules are available.
• Stay updated on changes in local tax laws and regulations and advise on necessary adjustments to financial reporting practices.
• Budgeting and Forecasting:
• Collaborate with the finance team to develop annual budgets, forecasts, and long term financial planning.
• Monitor budget performance and report on variances between actual results and budget/forecast, providing insights and recommendations for improvement.
• Internal Controls & Risk Management:
• Implement and maintain strong internal controls to ensure data integrity and compliance with company policies.
• Identify financial risks and opportunities, providing proactive solutions to senior management.
• Assist in the development and monitoring of internal financial policies and procedures to improve the efficiency of financial operations.
• Team Leadership & Development:
• Lead, mentor, and develop a team of financial analysts and accountants, fostering a collaborative and results-oriented work environment.
• Provide training and support to staff on financial systems and processes.
• Monitor team performance and ensure the continuous professional development of team members.
• Financial Systems Management:
• Oversee the maintenance and improvement of financial reporting systems and software to ensure accuracy and efficiency in data collection and reporting.
• Collaborate with IT and other departments to streamline processes and enhance reporting capabilities.
• Strategic Financial Analysis:
• Provide financial analysis and insights to support strategic decision-making and business growth initiatives.
• Collaborate with the executive team to develop financial strategies and goals aligned with the company’s vision and growth plans.
• Support ad hoc financial analysis and reporting requests from senior management.

Requirements

Key Requirements:

• Experience: 10-12 years of progressively responsible experience in financial reporting, accounting, or auditing, with a focus on financial statement preparation and regulatory compliance.
• Education: Bachelor's degree in accounting, Finance, or a related field. CPA, CMA, or ACCA certification is highly preferred.
• Technical Skills: Strong knowledge of Egyptian accounting standards, IFRS, and financial reporting regulations. Proficient in financial systems, ERP software (e.g., SAP, Oracle), and advanced Excel skills.
• Leadership: Proven experience managing teams and fostering a high-performance culture within the finance function. • Analytical Abilities: Strong analytical skills with the ability to interpret financial data and provide strategic insights to management.
• Communication: Excellent verbal and written communication skills, with the ability to present complex financial information clearly and concisely to senior management.
• Attention to Detail: A keen eye for detail and accuracy in financial reporting and compliance.
• Languages: Fluency in both English and Arabic is required.
• Preferred Qualifications: • Experience in a multinational company or a large corporation with complex financial structures.
• Knowledge of Egyptian tax laws and regulations.