Financial Manager

OverviewIndustry: Furniture Manufacturing / RetailJob Purpose: To oversee and manage the financial operations of the company, ensuring accurate financial reporting, cost control, and profitability. The Financial Manager will play a key role in budgeting, forecasting, and supporting strategic decisions that enhance the companys performance and growth in the furniture sector.ResponsibilitiesDevelop and monitor annual budgets, forecasts, and financial plans.Analyze financial performance and provide actionable insights to management.Conduct variance analysis between actual results and budgets to identify trends, risks, and opportunities.Prepare monthly, quarterly, and annual financial reports for senior management.Cost Control & Manufacturing AccountingMonitor production costs, raw material usage, and labor expenses to ensure cost efficiency.Collaborate with the production and procurement teams to optimize inventory and minimize waste.Implement cost allocation methods suitable for manufacturing operations (e.g., job costing, standard costing).Track and report on product margins and profitability per product line or showroom.Accounting & ComplianceSupervise all accounting operations including billing, accounts receivable/payable, and general ledger.Ensure compliance with local tax regulations, audits, and financial policies.Coordinate with external auditors for yearly audits and maintain accurate documentation.Manage cash flow, bank reconciliations, and payments to suppliers.Strategic & Operational SupportProvide financial guidance to management on pricing, sales targets, and expansion decisions.Assess the financial viability of new projects, branches, or showrooms.Support digital transformation initiatives such as ERP implementation for financial tracking and inventory control.Oversee financial risk management and propose strategies for sustainable growth.Qualifications & RequirementsBachelors degree in Accounting, Finance, or Business Administration (MBA or CMA is a plus).Minimum 7:10 years of experience in financial management, preferably in the furniture, manufacturing, or retail industry.Strong understanding of cost accounting and inventory control systems.Excellent analytical, leadership, and communication skills.Strong knowledge of Egyptian accounting standards and tax laws.#J-18808-Ljbffr