Head of Finance (Egypt)

Alert International; Kuwait City; On-site; KWD 30,000 - 45,000; Full time

Job summary

A leading company in the automotive sector is seeking a Head of Finance to manage financial operations. The role involves overseeing financial reporting, compliance with regulations, and leading a high-performing finance team. Ideal candidates will bring over 15 years of experience and qualifications such as CA or CPA. The position offers an exciting opportunity to contribute to corporate strategy and operational improvements.

Qualifications

• 15+ years of experience in finance, especially in the automotive industry.
• Qualified CA, CPA, ACCA, CFA in finance and accounting.
• Solid understanding of Egypt's tax and labor laws.

Responsibilities

• Oversee financial reporting and manage the finance team's performance.
• Ensure compliance with Egypt's tax regulations and oversee audits.
• Drive growth and cost-saving initiatives across the organization.

Skills

Leadership

Financial Reporting

Tax Planning

Treasury Management

Compliance

Data Analysis

Communication

Team Management

Education

CA, CPA, ACCA, CFA

Tools

Keyloop

BI Tools

Job description

Description

In this role, you will be responsible in supporting the financial management and operations of the company, working under the guidance of the Head of Finance (Automotive Group)

Role & Responsibilities:

• Financial Reporting: Oversee timely preparation of monthly MIS, P&L, balance sheet, KPIs, and other financial reports, including cash management, CAPEX, and working capital.
• Revenue & Profit Management: Drive topline growth and cost-saving initiatives in collaboration with business heads.
• Tax & Compliance: Lead tax planning and ensure compliance with Egypt's tax regulations, Pillar Two, and global standards. Manage tax assessments and submissions.
• Controllership: Ensure full control over accounting and preparation of statutory financials in compliance with IFRS and EAS standards.
• Treasury Management: Manage cash flow, liquidity, and bank relationships, optimizing treasury functions and mitigating FX risk.
• Audit & Regulatory Coordination: Coordinate internal and external audits and maintain relationships with government authorities and consultants.
• Operational Support: Provide financial guidance to operations, participate in business reviews, and drive cost-effectiveness and efficiency.
• Team Leadership: Lead and develop a high-performing finance team, monitoring performance against financial and non-financial metrics.
• Cost Rationalization: Identify financial risks, drive cost-saving initiatives, and implement process improvements.
• Supplier & Inventory Management: Oversee supplier incentives, rebates, and inventory costing within the automotive industry.
• Participate in business reviews and improvement initiatives, driving cost-effectiveness across the organization.
• Identify, Escalate and mitigate Financial Risks to ensure financial stability.
• Ensure robust audit trails are maintained and effectively implement recommendations from both internal and external audit reports.
• Solid understanding of financial modeling,
• Define and monitor Business performance based on KPI’s and Industry benchmarks

Skills

Skills & Competencies:

• Proven experience as Head of Finance or in a similar role
• Expertise in finance leadership, including tax planning, compliance, treasury, and controllership.
• Strong knowledge of IFRS, EAS, Pillar Two, and Egypt's tax regulations
• Experience managing tax assessments and resolving tax issues
• Skilled in managing bank relationships, cash flow, and treasury functions
• Experienced working with consultants and regulatory authorities
• Strong leadership, communication, and team management abilities
• Commercial acumen, analytical skills, and a continuous improvement mindset
• Hands-on experience with Keyloop system and BI Tools
• Strong data analysis and forecasting skills
• Fluent in English and a native Arabic speaker

Education & Qualifications:

• Qualified CA, CPA, ACCA, CFA in finance & accounting
• 15+ years of experience, with a focus on the Automotive Industry
• Knowledge of Egypt's Tax, Labor laws, Central Bank policies, and macroeconomic trends
• Industry preference: Power solutions, Distribution, Heavy Electricals, Trading