Country Finance Manager - Egypt

In fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.

Thales has built a presence in Egypt for over 40 years and has today over 100 employees. Thales in Egypt is part of our Middle East business that has 1,800 people across Egypt, Iraq, Kuwait, KSA, Lebanon, Oman, Pakistan, Qatar and UAE.Together We delivered fare collection and control and communication systems for the first metro line in Africa, Metro Line 1 in Cairo. Since then we have continued to bring growth and security and safety to the country by upgrading these transportation systems as well as providing solutions for customers in air traffic management, air defence and Navy.

Supported by around roughly 70 employees and contractors, Thales Egypt generates directly around 5 M€ of annual turnover, with activities both in the civilian and in the military fields. Moreover, Thales is a 51% shareholder in TBEI, a new joint-venture in radiocommunications with Benha Group and a minority shareholder (49%) in AIO, a joint-venture in optronics.

The purpose of the Thales Egypt Finance Manager is to:

• Manage the optimization of financial performance at the Country and reporting to the Global Business Units (GBU);
• Support in all financial aspects the expected ramp-up of Thales activities, be they conducted by 100% owned-subsidiaries or by TBEI;
• Coordinate management control, accounting, and risk management activities;
• Contribute to the management of treasury and financial engineering, taxation, insurance and its scope;
• Act so that the economic and financial dimension is taken into account in all strategic and operational decisions, with the aim of creating value in conjunction with the GBUs;
• Roll out the Group's financial policy within the Country.

The main missions of the Thales Egypt Finance Manager are to:

• Manage financial management according to local specificities (tax, accounting standards and price control, etc.);
• Manage the relationship with Benha financial executives.
• Guarantee the production of reliable, regular and sincere annual accounts and periodic statements vis-à-vis the local administration;
• Establish budgets and analyze the achievement of objectives;
• Ensure cash flow management and forecasts;
• Maintain relationships with administrations, auditors and other local stakeholders;
• Decline Group Finance transformation actions;
• Ensure the management and HR development of financial teams in conjunction with Group/local HR;
• Guarantee compliance with the provisions of the Code of Ethics and the Code of Conduct within the framework of the above-devolved missions.
• Carry out the simplified reporting of AIO in Thales Group reporting tool

Responsibility exercised and latitude of action:

• Manage the optimization of financial performance at the Country level and reporting to the GBUs;
• Coordinate management control, accounting, and risk management activities;
• Contribute to the management of treasury and financial engineering, taxation, insurance and its scope;
• Act so that the economic and financial dimension is taken into account in all strategic and operational decisions, with the aim of creating value in conjunction with the Thales Country Director in Egypt;
• Roll out the Group's financial policy within the Country.

Working relations/ Internal and external contacts:

• Reporting to the CFO of the MEAKSA Region and to the Egypt Country Director;
• Member of the management committee of the Country;
• Management and coordination of financial aspects at the Country level in all Business dimensions of the Business Lines (BL) and privileged contact for the Group Finance function;
• Interaction with all Country / legal entity functions. He is a member of the Country Management Committee (CODIR);
• Decline at the Country level, the strategic orientations and means defined by the GBUs, as well as anticipate the financial impacts of changes in the Country / legal entity environment.
• Functional management of 1 accountant.

Professional knowledge and experience:

• Highly specialized professional knowledge in all the different disciplines of finance (Management Control, Accounting, Treasury, etc.).
• In-depth knowledge of the rules issued by Thales in terms of preventing corruption and influence peddling.

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