Job Summary:
The FRP & Budgeting Section Head is reporting to the FRP& Budgeting Senior Manager and responsible for supervising the financial reporting and planning function, ensuring accurate forecasting, budget preparation, and financial performance analysis across all projects and locations. This role plays a critical part in identifying financial trends, risks, and opportunities, providing strategic insights to senior management. The role also involves hands-on preparation of periodic financial reports, monitoring key performance indicators (KPIs), and ensuring alignment with organizational goals. By collaborating with cross-functional teams and applying financial best practices, the Section Head drives informed decision-making, supports feasibility studies, and ensures continuous improvement in financial planning and control processes.
Responsibilities:
- Lead and onboard newcomers, providing continuous guidance, mentorship, and support to ensure their successful integration into the team.
- Review and analyze financial statements and reports to identify key trends, risks, and opportunities, providing actionable insights to management.
- Perform comprehensive financial analysis to accurately forecast project revenues and expenses, ensuring alignment with strategic objectives.
- Directly prepare and manage the creation of comprehensive financial reports for each project/location, ensuring accuracy, adherence to reporting standards, and timely delivery.
- Coordinate with various departments to analyze financial information, such as revenues, expenditures, and cash management, to ensure all operations are within allocated and approved budgets.
- Identify variances between actual and budgeted financial results at the end of each reporting period, and provide recommendations for improvement.
- Track and monitor key performance indicators (KPIs) to assess the company's financial performance, preparing regular financial reports for management review.
- Conduct in-depth research and analysis of historical financial data, market trends, and industry benchmarks to assess the company's current financial status and identify areas for improvement.
- Provide support in the feasibility studies process, including data analysis, financial modeling, and risk assessment.
- Collaborate with cross-functional teams to develop financial strategies, plans, and budgets that align with organizational goals.
- Stay updated with industry trends, regulations, and best practices in financial analysis, planning, and budgeting to drive continuous improvement and innovation.
Qualifications:
- Bachelor's degree in finance, accounting, or a related field. A master's degree or professional certification (e.g., CFA, CMA, FMVA) is a plus.
- 10+ years of relevant experience in financial analysis, planning, and budgeting.
- Excellent written and verbal communication skills, with the ability to present complex financial information to non-financial stakeholders.
- Proven ability to thrive in a collaborative team environment to achieve departmental goals.
- Strong understanding of accounting processes, procedures, and internal controls.
- Exceptional research and analysis skills, with the ability to interpret financial data and provide strategic recommendations.
- Demonstrated ability to adapt quickly, independently learn new tasks, and manage multiple priorities in a dynamic work environment.
- Strong ability to manage competing priorities and meet deadlines without compromising quality.
- Proven track record of generating innovative ideas to improve analytical performance and drive process efficiencies.
- Proficiency in Microsoft Office, Advanced Excel, and PowerPoint. Knowledge of SAP and Hyperion ERP systems is required
- Strong knowledge of financial modeling, forecasting techniques, and budgeting processes.
- Experience in strategic financial planning and long-term financial projections is preferred.
Skills Required
- Bachelor's degree in finance, accounting, or a related field
- 10+ years of relevant experience in financial analysis, planning, and budgeting
- Excellent communication skills for presenting financial information
- Strong understanding of accounting processes and internal controls
- Proficiency in Microsoft Office, Advanced Excel, PowerPoint, SAP, and Hyperion ERP
What We Do
Misr Technology Services (MTS) has been established as an Egyptian joint stock company. The shareholders’ structure consists of the “Ministry of Finance”, the Egyptian Company for the Management of Financial Facilities “eFinance”, the “National Investment Bank”, the “Egyptian Company for Investment Projects”, and “Amiral Management Corporation”. MTS is the technical arm of the Ministry of Finance in the field of customs and its relationship with taxes. Misr Technology Services (MTS) was awarded a contract with the Ministry of Finance to “enhance the current trade across borders system in Egypt using “Single Window” concept”. The project was code named “NAFEZA”. NAFEZA System is a platform upon which an integrated set of business applications operates to automate & orchestrate import/export/transit cargo clearance activities from cargo arrival to cargo clearance using a “Single Window” concept. With the project extension to implement “Advance Cargo Information“ concept to control the importation process prior to loading shipments from the countries of export, NAFEZA System currently controls the importation process end-to-end. In this regard, NAFEZA System represents the single point facility for Egyptian importers, exporters, brokers, shipping lines, and freight forwarders (Trade Community) to submit electronic data/documents and/or lodge data to Customs remotely in a secure manner. It also represents the only façade for communication between the Trade Community and the designated government authorities operating inside and/or outside the port (Government). This is achieved using online services on NAFEZA portal. Furthermore, NAFEZA provides customers services through a network of Logistic Services Centers which MTS established at the ports.
