Finance Manager - Beltone SMEs

Main Job Purpose:

Oversee the financial health of the organization by managing budgets, preparing financial reports, ensuring compliance with regulations, and providing strategic guidance for decision-making and growth.

Accountabilities:

• Supervising the documentation of Beltone SME's status to ensure proper documentation of the data and easier future retrieval.
• Develop and implement financial strategies, budgets, and forecasts to ensure financial resources with organizational goals and ensure long-term growth.
• Creating strategic business plans based on the analysis of Beltone SME’s position and performance to support Beltone SME’s strategic plans & forecast.
• Setting the operating budget for the Beltone SME’s company for 1 year and the business plan forecast for the leasing company for a period of 5 years.
• Verifying the team's booking transactions for AP, AR, GL, treasury, bank reconciliation, and account analysis to ensure the accuracy of transactions, and adherence to Egyptian Accounting Standards.
• Providing monthly flash reports including the projections for the period/ end of the month through obtaining data from sister departments.
• Preparing the monthly, quarterly, and annual account reconciliations, ensuring compliance with financial reporting standards.
• Extracting the trial balance in order to produce the financial position used as the main input to prepare the financial statements.
• Extracting year-to-date financial reports including IS / BS/ Cash flow statements to be provided to management for reporting
• Coordinating with the business team to review client’s payment schedules for clients' calculations to ensure that there is no error in the payment calculations.
• Responding to clients' special demands, such as unpaid invoices, payment calculation delays, etc.
• Reviewing disbursement memos received from operations to maintain effective general ledger monitoring.
• Examining instances where customers change cheques or when cheques are denied by the treasury to ensure corrective steps are made and/or address any other operation-related matters.
• Conducting payments for the FRA fees associated with the registered contracts, ensuring that contracts are registered with the FRA.
• Reacting on a monthly basis to each client's outstanding balance to supply CBE with client balances.
• Reviewing the asset class to ensure that the current portfolio is effectively managed and that costs of the goods and services are appropriately prepared.
• Reviewing contracts that are being conducted with 3rd party providers specifically the payment terms, and provide notes and feedback to ensure that the payment terms are properly defined in the contract.
• Redeeming the legal petty cash for the legal for the daily/ weekly operations to ensure proper management of the petty cash in accordance with the approved company policy.

Job Requirements:

• Bachelor's degree in Finance or Accounting.
• 8-11 years of proven experience in finance field
• Strong Financial & Analytical Skills
• Strong Business Acumen & Decision making skills
• CMA Certification & IFRS Training is preferably
• Financial or Banking experience is preferably