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Finance Specialist

08/20/2024

Date: 15/8/2024

Reference: [No. 03/2024]

Location: Egypt

Type: Full time

Department: Business Support

Category: Member Countries

Education:

  • Bachelor’s degree in finance, Accounting, Economics or related field.

  •  Master’s degree or Professional certifications such as CMA, CFA, CPA, or equivalent are a plus

Work experience:

  • Minimum 8-10 years of Proven work experience as a Finance Specialist or similar role in a complex financial environment.

 

General abilities and skills:

Knowledge of Energy Markets:

  • Understanding of energy market dynamics, trends, and regulations can be valuable for financial planning and analysis within the energy sector.

Cross-Cultural Competence:

  • Ability to work effectively in a multicultural environment, considering EMGF's involvement with various member countries and international partners.

Project Management Skills:

  • Proficiency in project management methodologies to oversee financial aspects of projects, ensuring they are delivered on time and within budget.

Data Analysis and Visualization:

  • Skills in data analytics and visualization tools beyond Excel, enabling the Finance Specialist to extract actionable insights from financial data.

Regulatory Compliance Knowledge:

  • Understanding of international financial regulations and compliance standards relevant to the energy sector to ensure adherence in financial operations.

Negotiation Skills:

  • Strong negotiation skills for vendor management, contract negotiation, and financial decision-making processes within a diverse stakeholder environment.

Strategic Planning Abilities:

  • Capability to contribute to the development of long-term financial strategies aligned with EMGF's objectives and the dynamic energy market landscape.

 

KEY RESPONSIBILITIES

1. Prepare and oversee the annual budget, providing financial direction for various operational activities.
2. Prepare and present accurate and timely annual financial statements in compliance with international accounting standards.
3. Coordinate with external auditors during the audit process to ensure the accuracy and completeness of financial statements
4. Manage administrative tasks related to employee financial affairs and budgeting.
5. Prepare detailed financial reports and forecasts to analyze operational expenditures and identify cost-saving opportunities.
6. Develop and update accounting manuals and instructions for streamlined financial processes.
7. Ensure timely payment of membership fees and other revenue generation activities.
8. Review and process various payment transactions in accordance with financial regulations.
9. Monitor budget utilization and recommend fund reallocation when necessary.
10. Administer extra-budgetary resources in compliance with established policies and procedures.
11. Monitor expenditures to maintain adherence to authorized levels.
12. Review requisitions for goods and services to verify expenditure accuracy and fund availability.
13. Approve procurement contracts and other spending activities in line with financial regulations.
14. Collaborate with IT units in deploying and administering accounting systems.
15. Maintain accurate accounting, reporting, and internal control systems, responding to audit recommendations.
16. Stay updated on financial regulations and accounting principles, implementing best practices.
17. Coordinate with EMGF countries and industries to address accounting issues and enhance financial processes.
18. Demonstrate initiative in handling complex financial situations and fostering a collaborative work environment.
19. Encourage teamwork and problem-solving while maintaining an analytical approach to financial management.
20. Develop and implement financial tools and processes to streamline financial operations.
21. Perform any additional tasks assigned by Business Support Head relevant to the position.

CATEGORY

EMGF Member Countries Nationality

HOW TO APPLY:

This position is open for nomination and announced on our linkedin page .

- For nomination : please approach the executive board member of your respective member country for the application submission . For Application Please contact your Country EB Member through the following emails
- ⁠For Linkedin : please regularly check our linkedin page for application .