Finance Director

• Participate with Top Management in El Ahlyia’s annual strategy meetings, set the annual corporate objectives, ensure cascading & alignment of the department strategic objectives within the overall company strategic plans.

Obtain approval from CEO.

• Cascade the approved departmental objectives to each section head, oversee implementation & report results periodically.
• Review & approve the annual departmental plan.

Presents the department’s budget for approval, ensure compliance and reports variations periodically

• Review the consolidated company budget, present to CEO & obtain approval from the Board/Chairman.

Monitor compliance & recommend corrective actions in case of deviations.

• Follow up on implementation and issue financial reports and analysis that support decision making.
• Approve the department’s policies and procedures as per company bi-laws & industry regulations, and ensure they are constantly being exercised.
• Continuously revise and approve El Ahlyia’s pricing strategy, ensuring “factor” calculation incorporates variables pertaining to the company’s position as well as market conditions to guarantee maximum profitability.
• Steer the company to ensure its financial health while achieving its strategic objectives. monitor key financial indicators & execute/present corrective measures.
• Monitor cash flows to secure working capital & maintain a strong cash position.
• Review & approve the monthly financial statements.

Present to CEO for final sign-off.

Present to internal (Board) or external (auditors) stakeholders when needed.

• Conduct performance appraisal sessions with immediate subordinates and ensure that the performance evaluation process is carried out on time and in an efficient and objective matter.
• Identify the development plans and training needs for the immediate subordinates.

Liaise with HR on the execution and evaluate its success.

• Identify the positions needed in the Finance functions to finalize the yearly recruitment plan for the department and collaborate with HR to carry it out in a timely manner.