Company: Mashreq
Location: Cairo, Egypt
Employment Type: Full-time
Description:
Job Purpose:
a. Provide support to TCM business in performance management and analytics by providing timely information for driving the strategic initiatives
b. Steer TCM business in the strategic and annual plan exercise for TCM business
c. Provide accounting and financial solutions to TCM business /Operations to support the business growth and optimize the P&L.
d. Lead team of analyst to deliver key result areas and & ensure robust control environment in P&L
e. Support for adhoc reporting requests from TCM business
f. Manage New Projects in treasury – relating to finance
g. Hedge Accounting as per IFRS 9
Key result area:
• Publish the monthly P&L to TCM Head and CFO, track unit wise P&L against budgets, highlighting opportunities and risks and following up on action points.
• Review/Prepare the CEO review financial pack every month by presenting information in right formats and providing relevant insights on the business.
• Financial control which includes valuation of… instruments, adherence to accounting principles and reconciliation of published information to core systems and subsystems.
• Monitoring all expenses, identify opportunities for cost saves and adequately challenging the cost owners to ensure value for cost incurred.
• Steering the strategic and annual budget discussion between LF and their Direct Reports of various business groups on cost, cross sell revenue, etc.
• Managing the annual budgeting exercise encompassing strategy formulation, setting up the budgeting process from input collection and collation, reviewing and challenging assumptions and present the annual plan to each Unit Head in the business.
• Provide accounting solutions to business and guidance to CAD on IFRS.
Classification: Internal Use
• Hedge accounting: – providing accounting solutions in compliance with IFRS 9, hedge effectiveness and advising on accounting entries to TOC
• Support to ongoing projects including system implementation, expansion opportunities and strategic initiatives in all financial aspects.
• Managing external audit directly on hedge accounting, hedge effectiveness testing, etc.
• Managing internal audit by adhering to rigid controls, accounting standards, ensuring robust documentation and support to the audit team by providing the relevant information and support
Source: LinkedIn
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