Title: Finance Team Lead
Cairo, EG
Subsea7 is seeking a dynamic and experienced Finance Team Lead to join our Cairo office on a full-time staff basis. We’re looking for a proactive leader with strong analytical skills, a collaborative mindset, and a passion for driving financial excellence in a global engineering environment.
What will you be doing?
Key Responsibilities:
Financial Planning & Analysis
- Develop annual budgets, monthly forecasts, and long-term financial plans.
- Monitor performance against budget and provide variance analysis.
- Submission of budgets and monthly forecasts on reporting system.
- Prepare annual and monthly cash expenditures forecast.
Financial Reporting
- Prepare accurate annual financial statements.
- Ensure compliance with accounting standards (IFRS), and internal policies.
- Manage the audit process with external/internal auditors,submit audit requests, and follow up on closing reports
- Coordinate with tax auditors and ensure smooth statutory and tax audits.
- Ensure compliance with the Freezone authority’s submissions and regulations.
Accounting Management
- Oversee all day-to-day accounting operations, including Accounts Payable, Accounts Receivable, General Ledger, Fixed Assets, Leases, expenses and Payroll.
- Ensure timely and accurate month-end and year-end closing processes.
- Maintain an accurate chart of accounts and ensure proper journal entries, reconciliations, and accruals.
- Implement accounting policies, branch procedures, and internal controls in accordance with the Company’s global policies and procedures
- Manage, monitor and ensure compliance with taxation (withholding tax, VAT exemptions, Salary tax), Contractors’ social insurance, manpower fund, healthcare contribution and other regulatory filings.
- Manage and ensure accurate submission of customers’ e-invoices on the tax portal.
Prepare Intercompany invoices, and review Intercompany transactions to ensure accurate allocations and compliance with the country’s tax scheme.
Team Leadership
- Supervise, mentor, and develop finance team.
- Collaborate with different internal stakeholders and branches.
- Foster a culture of accountability, accuracy, and continuous improvement.
Stakeholders
External
- GAFI finance department
- Clients' finances
- Tax and insurance advisers
- External auditors
Internal
- Project managers
- FRC
- Country manager
- Budget holders
What experience would we like you to have?
Qualifications
- Educated to higher level (degree or equivalent) in Finance or another business-related subject.
- Professional qualification desired, or working towards
- Good IT literacy with an emphasis on proficient/intermediate use of excel.
- Ability to communicate effectively and articulately at all levels, demonstrating enhanced analytical skills and effective forward planning.
- Experience of SAP systems (S4 Hana if possible)
- Minimum of 5 years’ experience in a similar role with oil and gas EPC company
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