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.

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.