Sunday 4 August 2024

Finance Director at El Salam for Contracting


El Salam for Contracting & General Supplying is looking to hire:

-Finance Director

-Job Description:
• Develop and manage comprehensive project budgets and cash flow projections, ensuring alignment with project scope, timelines and resource allocation
• Oversee and analyze financial performance, identifying areas for improvement cost savings and potential revenue enhancements
• Prepare accurate and timely financial reports including balance sheets, income statements, cash flow statements and project financial performance reports
• Manage and monitor accounts receivable and accounts payable, ensuring timely collection of receivables, prompt payment of payables and adherence to credit policies
• Provide financial guidance and support to project managers, senior management and other departments
• Conduct regular financial audits and reviews to identify potential risks, ensure financial integrity and maintain compliance
• Stay updated on industry trends, accounting standards and construction-specific financial regulations
• Monitor and analyze project costs throughout the project lifecycle, identifying variances from budgets and implementing corrective actions
• Conduct financial analysis to support strategic decision-making including project feasibility studies, investment evaluations and financing options
• Oversee the financial aspects of contract negotiations and ensure compliance with contractual terms
• Contribute to the development and implementation of financial control systems and risk management strategies
• Mentor and train junior finance staff, fostering their professional development and contributing to a strong finance team
• Establish and maintain strong relationships with banks, factoring companies and leasing companies to secure favorable financing terms and conditions
• Negotiate and manage credit facilities, lines of credit and other financing arrangements
• Provide financial information and documentation to financial institutions to support loan applications and renewals
• Maintain open communication with financial institutions to address any concerns or questions
• Monitor and manage financial covenants and reporting requirements for existing financing arrangements

-Job Requirements:
• Bachelor's degree in Finance, Accounting
• +20 years experience with 5+ years of experience in financial management and #construction filed background is a must
• Familiarity with construction project management processes and terminology
• Experience with financial modeling and analysis tools
• Proven expertise in financial analysis, budgeting, forecasting and financial reporting 
• Professional in financial software (such as SAP) and other accounting programs
• Ability to work independently and manage multiple projects simultaneously
• A team player with the ability to motivate and lead others

-Submit your resumes at: anas.magdy@elsalam.net please do not hesitate to mention the job title in the subject line.