Financial Controller

JOB TITLE 
Financial Controller | MAF Retail | Hypermarket Egypt 

ROLE SUMMARY

The Financial Controller is responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the sourcing function objectives and provides stakeholders with relevant financial data for the decision-making process. The role holder is also responsible for recommending areas of improvement in order to achieve the sourcing function targets.

ROLE PROFILE

• Assist in monitoring allocated budget to ensure compliance and highlight possible issues.
• Ensure proper and adequate insurance coverage.
• Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner.
• Ensure alignment of procedures developed by the Finance function.
• Guarantee that the fixed asset register is properly maintained.
• Monitor stock-check, sleeping stock, receiving controls and analyse shrinkage result.
• Perform audits on CCO to minimize cash flow risks, prepare corrective actions and proposals for improvement.
• Develop, review and implement the finance strategy that supports the company’s corporate and business strategies.
• Oversee the preparation of the sourcing function’s performance analysis.
• Responsible for business analysis and modelling including: Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow) Monthly forecast Annual budget Stock turnover and Cash flow.
• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements.

REQUIREMENTS

• Bachelor’s Degree in Business Administration, Finance or Commerce.
• 6+ years of experience in a similar role, of which 2+ years in retail.
• Strong people management skills.
• Strong business communication and presentation skills.
• Good project management skills.
• Strong analytical and technical skills in financial analysis and reporting.
• Accounting concepts and knowledge of IFRS.
• Investment appraisal process and capital budgeting.

WHAT WE OFFER

At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us! Work in a friendly environment, where everyone shares positive vibes and excited about our future. Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.