5 Forecasting jobs in Egypt

Jamjoom Pharma has in a very short span of time emerged, as one of the leading pharmaceutical companies in the Afrasia region. The geographical focus of the company is on countries in the Middle East, Africa, and CIS regions. Strategic focus on selected therapeutic categories has contributed to the rapid growth, market acceptance, and overall success of the company.

**Job Profile**:
Ensuring compliance with accounting standards accepted by auditors and authorities during the daily works and periodic reporting.

**Responsibilities**:

- Perform financial forecasting, reporting, and operational metrics tracking
- Analyze financial data and create financial models for decision support
- Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
- Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
- Provide analysis of trends and forecasts and recommend actions for optimization
- Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials
- Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards
- Maintain a strong financial analysis foundation creating forecasts and models
- Prepare the budget cash flow statement based on pro forma financial statement.
- Prepare the monthly cash flow statement for local and foreign currency.
- Compute and analyze the variance between the budgeted and actual cash flow monthly.
- Compute and analyze the variance between the budgeted and actual investment
- Prepare analysis reports related to cash flow and the investment presentation.
- Prepare Budget for Capex

**Requirements**:

- Bachelor degree in Commerce - major Accounting (English Section)
- At least 5-7 years of experience in manufacturing company in a computerized environment. (ERP experience is an advantage)
- Excellent command of written and spoken English and Very good communication skills.
- Ability to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary customer service
- Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices

Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

**Job Purpose**:

- Responsible for timely and accurate monthly management reporting for all the businesses under the portfolio, including yearly business plan and quarterly forecasts.
- Prepare various analytical reports for management review.
- Effectively co-ordinate and support a regional role by ensuring consistency in MIS, financial and operational control Ensuring acceptable levels of internal control and compliance with Policies & Procedures.
- Works closely with management to ensure financial integrity in all aspects of the operations.

Job Details - Key Responsibilities and Accountabilities:

- Preparation of monthly management reporting pack on a timely basis and supporting commentary on monthly and YTD variances.
- Reviews financial performance of operating assets with a view to maximize asset utilization and yield with the heads of each unit.
- Assists the Finance Director in preparation of 5-year plans, financial simulations, analysis, and presentation. Critically analyses of revenue projections, costs and compare trends.
- Supports senior management on ad-hoc management information from time to time.
- Monitor revenue / expenses across the portfolio and ensure the accurate recording as per established guidelines. Investigate and critique variances to plan or to prior year and offer practical improvement methodologies to management.
- Analyze financial data and operations to advise management and to assist in achieving and maintaining the division’s financial objectives.
- Responsible for directing the division’s budgets to the achievement of the annual budget and work with heads of operations to develop the business in the long term toward the objectives in the business plan.
- Monitor all plans, forecasts and targets on a regular basis and submit adjustments for approval as required.
- Maintain compliance with the DOA and Policies and Procedures of the company.
- Hire, train, supervise and develop staff, including coaching, counselling, and discipline.
- Direct or prepare all financial reports in accordance with reporting requirements of the Division / Group.
- Conduct and contribute to periodic meetings with the management team.
- Responsible for budgeting, analysis, and internal control for all business unit.

2
**Measure of Success - Illustrative KPIs**:

- Responsible for budgeting, analysis for all business units
- Understanding of business drivers and key variables for the businesses.
- Requires initiative to generate analytical framework / models to convert raw business data to useful information.

Other Context (if applicable):

- Understanding of business drivers and key variables for the businesses.
- Requires initiative to generate analytical framework / models to convert raw business data to useful information.

Personal Characteristics and Required Background:
Skillset (job specific technical skills and behavioral competencies needed)
- Outline all technical skills needed such as Excel modelling etc.
- Excellent interpersonal and communication skills, be a team player with excellent leadership skills.
- Good presentation and sharp analytical skills, in particular the ability to interpret financial information to the management.
- Ability to make decisions in accordance with responsibilities.
- The incumbent works with a high degree of independence in performing financial activities.
- Maintain strict confidentiality due to sensitive nature of information handled.
- Ability to work in a multi-cultural environment.

**Minimum experience**:

- Strong finance background in a professional organization with a minimum of 8 years’ experience.

**- Big 4 firms experience in assurance department.**
**Minimum Qualifications/education**:

- Bachelor’s degree and with a professional qualification (CA, IFRS diploma, CPA or equivalent)

The Role Job description

You are about to apply for a job in a certified Top Employer 2023!
Ready to be part of one of the market leaders in Egypt? Apply now!
Raya Holding for Financial Investments is hiring Specialist (Financial Planning & Analysis).

What will you do?

• Develop and manage the annual budgeting process and rolling forecasts in coordination with various business lines.
• Prepare budget templates and consolidate submissions from departments and subsidiaries.
• Ensure timely and accurate forecasting of revenues, expenses, and cash flows.
• Conduct comprehensive variance analysis (actual vs. budget vs. forecast) and explain key drivers.
• Analyze financial performance trends and provide recommendations for improvement.
• Present financial reports, dashboards, and KPIs to executive leadership.
• Leverage Power BI and Excel (Power Query, Pivot Tables, etc.) to build automated financial models and dashboards.
• Streamline data collection and reporting processes using Oracle Cloud EPM and Discoverer tools.
• Continuously enhance the reporting infrastructure to support dynamic business needs.
• Collaborate with business units and cost center owners to provide actionable financial insights.
• Support long-term strategic planning, investment evaluations, and scenario analysis.
• Assist in internal audit reviews and ensure financial processes comply with internal controls and IFRS.
• Recommend and implement enhancements to existing FP&A processes, models, and systems.
• Document standard operating procedures and support knowledge sharing within the finance team.

Skills What will you need?

• Bachelor's degree in Finance, Accounting, or related field.
• Minimum of 3 years of experience in financial analysis, budgeting, or accounting, ideally in a group/holding structure.
• Proficiency in Power BI and Microsoft Excel is a must (Power Query, dashboards, and financial modeling).
• Experience with Oracle Cloud EPM and Oracle Discoverer is a strong advantage.
• Professional certifications such as CMA, C-FP&A, or IFRS diploma are considered a plus.
• Strong analytical and numerical reasoning skills.
• Excellent written and verbal communication abilities.
• High attention to detail with the ability to manage multiple priorities.
• Collaborative mindset with the drive to continuously learn and improve.

What is unique about Raya?

• Are you an eager learner? Raya believes in its employees, so we aim to continuously provide learning & development plans for all of our employees to ensure their personal and career development.
• Are you looking for career progression? Raya is an entity where you can grow whether horizontally or vertically as we offer internal

Responsible for Collecting, storing, and interpreting data to transform it into valuable business insights that can be used to improve business operations and foster data-driven decision making.
- **Key KPIs include**:

- Implementation of different data analysis methodologies
- Monitor of analytics and metrics result regularly
- **Data integrity**:

- Communicate with Data analysis manager to agree on required systems to collect missing information that can be used by the organization
- Cooperate with the rest of the DX team and oversee new systems' implementation
- Oversee the deployment of data to the selected BI platform
- Perform data mining and data cleansing.
- Regularly Check for integrity/accuracy of data across all systems
- Has responsibility for building and updating report/dashboard “Map” for all organization
- **Data Analysis**:

- Use Business Intelligence tools to create and distribute content for the many stakeholders
- Analyze performance (sales, billing, Collections, Cost Analysis,.) and identify gaps compared to target
- Provide regular reporting of industry/ Customer trends and happenings to key stakeholders and monitor company KPIs/Information over years
- Proactively generate insights based on regular evaluations of the needed information
- **User Engagements**:

- Encourage data driven decision making.
- Conduct awareness sessions for the reports’ end users to ensure full understanding of new reports and dashboards.
- Answer complex ad-hoc questions that arise from internal/external stakeholders
- Effectively communicate complex information to all audiences
- Process confidential data and information to the stakeholders according to guidelines and permissions.
- Collaborate effectively with all team members as well as hold regular team meetings.
- Share / spread knowledge with team members as well as internal teams
- Pro-active in maintaining and increasing the teams and his own technical knowledge
- Identify training needs or requirements for themselves and for theteam
- Guide, coach, and mentor Data Analysis Team members.
- Promote and foster a strong team culture and open a transparent communication channel.
- Assess skills, knowledge, and abilities of subordinates to make effective decisions and identify development needs
- Provide training and development opportunities and act as a mentor for the team.
- Ensure appropriate procedures and processes are followed
- Follow appropriate departmental and company procedures and policies (i.e., change control, security and auditing, release, configuration, problem, and incident management).
- Propose process enhancements for related stakeholders.
- Conduct awareness sessions for the team and GS employees when needed

**Personal Skills**:

- Excellent communications skills.
- Excellent English.
- Excellent analytical skills
- Excellent problem-solving skills.
- Excellent Attention to detail
- Flexibility
- Teamwork skills
- Adaptability
- Initiative
- Strong customer service and support focus with a desire to deliver a high quality
- Self-motivated and highly professional with ability to lead and take
- Ability to multi-task, work under pressure and to tight deadlines service
- A desire to learn and improve skills and knowledge
- Fast learner, energetic and enthusiastic
- Adaptable and flexible to business demands
- Strong organizational and planning skills Positive ‘can-do’ attitude

**Technical Skills**:

- Bachelor’s degree in Business Informatics, Computer Science, -Engineering, Information Technology, Business, or similar
- 4+ years’ experience.
- Very good computer skills.
- Excellent Excel user
- Developing reports and Dashboard’s experience is a must

**Education**:

- Bachelor’s degree in Business Informatics, Computer Science, Engineering, Information Technology

**Job Details**:
Job Location

Cairo, Egypt

Company Industry

System Integrator

Company Type

Employer (Private Sector)

Job Role

Other

Employment Status

Full time

Employment Type

Employee

Job Division

COO Office

Career Level

Mid Career

Years of Experience

Min: 4 Max: 8

Degree

Bachelor's degree