One of Egypt’s leading Automotive organisations, listed on the Cairo Stock Exchange, is seeking to fill a number of important roles to strengthen the Finance team.
The Person:
This role reports into the Finance Director and requires someone with 3 to 5 years of consolidation experience within large corporate groups along with a sound knowledge of accounting standards.
Role/Responsibilities:
- Collection of data from reporting, review figures and prepare the monthly, quarterly and full year consolidated financial statements in accordance with a closing schedule.
- Maintain database of consolidation entries and historical reserves analysis.
- Prepare quarterly information for margin and segmental analysis.
- Track and control all inter company balances and transactions as well as maintain record for related party transactions.
- Prepare financial statements quarterly for both stand alone and consolidated and co-ordinate with auditors.
- Prepare reconciliation between management accounts and Egyptian Standards Financials.
Company and Benefits:
GB Auto S.A.E. is a leading player in Egypt’s automotive industry. The company is an assembler and distributor of passenger cars and commercial vehicles and operates Egypt’s biggest network of Service Centres. Currently its flagship asset is its exclusive license from South Korea’s Hyundai Motor Corporation to assemble and distribute Hyundai cars, Egypt’s best selling passenger car which had around 27% of the market in 2007. GB Auto is also a manufacturer of commercial vehicles, namely buses and trucks under exclusive licences from Japanese automakers, Mitsubishi, the Swedish group, Volvo and also Hyundai. Among the group’s other lines of business are: distribution of motorcycles and scoters through an exclusive arrangement with Bajaj of India, distribution of tires through a licence from Lassa of Turkey and the distribution and service of construction equipment through an exclusive license from Volvo as well as handling equipments from German producers, Linde. Annual group turnover in 2007 was LE 4.6 billion returning a net profit LE 0.5 billion. Strong growth in both the top and bottom line is anticipated to continue in the coming years. GB Auto is listed on the Cairo Stock Exchange.
This role is located internationally and outside of the UK and therefore is exempt from age discrimination legislation.
Ref Code: ADV334217MN8
Closing Date: 30/05/08
Salary: US$ 45,000 per annum
Position Type: Permanent Click here to apply.