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Job Description

• 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.

Job Requirements

• Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field is required.
• Master’s Degree in Finance, Accounting, or an MBA with a focus on finance is preferred. 
• Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or equivalent professional certification is highly desirable. Experience 
• Minimum of 10-15 years of experience in finance and accounting, with at least 5 years in a senior leadership role, preferably as a Finance Director or Chief Financial Officer (CFO). 
• Experience in the medical devices or healthcare industry is an advantage. 
• Extensive experience in financial planning, budgeting, treasury management, accounting, and tax management is required. 
• Proficiency in financial management software and Enterprise Resource Planning (ERP) systems (e.g., SAP, Oracle, Microsoft Dynamics). 
• Strong knowledge of financial reporting standards (IFRS, GAAP), budgeting processes, and treasury operations.