Job Purpose
This position is responsible to develop the yearly budget and run forecast exercises, for Etisalat Misr and Merged ISP, aligned with shareholder’s guidelines and objectives. Manage the controlling function to ensure both company’s spending are within the approved budget. Monitor the company’s performance through preparing regular financial reports and analytical dashboards for higher management.
Report To Position Name
Lead the preparation of the company’s yearly budget and ensure its compliance with shareholder’s guidelines.Analyze financial reports that include profit & loss, balance sheet, cash flow in order to demonstrate the variance between budget and actual.Interface with head office for the purpose of providing justification/guidance concerning the company monthly performance and with the company top management in the preparation of their departmental budget.Evaluate the actual figures versus the forecasted ones (monthly, quarterly and annually) to Identify their effect in driving the business. Analyze monthly & quarterly financial indicators against company Key Performance Indicators (KPIs). Develop and implement the set of controlling procedures that ensure proper control on the company’s spending. Ensures integration of the budget with the company’s long term plansProvides technical expertise in budget preparation, administration and analysis and run the required financial models efficiently.Approve requests from assigned divisions for reallocation of positions and changes in funding appropriations Responsible for implementing and managing the Hyperion planning function used for developing the yearly budget & forecasts, and reporting company’s actual Leads the yearly budget exercise for the Merged ISPs and ensure their consistency with shareholder’s guidelines and corporate strategic objectives.Report and update the higher management regularly (weekly, monthly, and yearly) on Merged ISPs’ performance.Interface with head office for the purpose of providing justification/guidance concerning the Merged ISPs monthly performance and with the companies’ top management in the preparation of their budget. Leads the preparation of a bi-annual forecast exercises for both Etisalat Misr and the Merged ISPs as newly mandated by Etisalat Misr and UAE management to forward visibility of risks’ impact on the company’s performance resulted from the economic instability.Lead the automation of the purchasing cycle using the Oracle to ensure proper control over company’s spending. Provide training on the technical development of budgeting techniques, administration, analysis and financial models for Etisalat Misr and Merged ISPs staff.
QUALIFICATIONS_ESSENTIAL
University Degree in Accounting, economics, Business administration Excellent Computer skills, MS Office is required. Excellent in Arabic & English (Reading, Writing & Oral).
QUALIFICATIONS_DESIRABLE
Post graduate studies (MBA, CMA) are an asset. Excellent analytical and problem solving skills. Running of financial models used in calculating Budget, forecast, long-term plan and What if scenarios. Attention to detail and ability to conceptualize multi-faceted tasks in context of organizational objectives
EXPERIENCE_ESSENTIAL
Minimum 5 to 7 years Experience. GSM and telecom experience in the finance or commercial fields is a must.
EXPERIENCE_DESIRABLE
N/A
CERTIFICATIONS_ESSENTIAL
Essential: -N/A Desirable: Financial Modeling
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