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Financial Control Lead/Manager

b_labs is the transformation and digitization arm of B.TECH, on a mission to change the industry as we know it. We spearhead tech innovation at B.TECH, an organization that has been a cornerstone of the Egyptian retail industry. We are the engine powering B.TECH in achieving its goal of becoming the leading omni-channel platform for consumer electronics and appliances in Egypt.

By joining b_labs, you will benefit from a collaborative startup environment while also enjoying the stability of working within a company that has achieved consistent growth year after year. You’ll be part of a visionary, customer-focused team with an ambitious mission—to become a trailblazer for digital retail within the Middle East.

Responsibilities

●      Financial Reporting: Prepare, review, and analyze accurate financial statements and reports, ensuring compliance with accounting standards and providing insights to stakeholders.

●        Budgeting and Forecasting: Collaborate with the FP&A team to oversee, monitor, and refine organizational budgets, ensuring efficient resource allocation and cross allocation and alignment with Mylo’s financial goals

●      Internal Controls: Establish, implement, and maintain robust internal controls to safeguard assets and ensure financial integrity.

●      Compliance and Audit: Ensure adherence to local and international financial regulations and lead coordination efforts for internal and external audits.

●      Data-Driven Insights: Analyze financial data to identify trends, opportunities, and areas for improvement, providing strategic recommendations to senior leadership.

●      Team Leadership: Lead, mentor, and manage the financial control team, fostering a culture of innovation and excellence.

Requirements

●        Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree is a plus).

●        Professional certifications such as CPA, CMA, or ACCA are preferred.

●        7+ years of experience in financial management, preferably within [specify industry, e.g., retail, tech, etc.].

●        Strong knowledge of financial regulations, internal controls, and reporting standards (e.g., IFRS, GAAP).

●        Proficiency in financial tools and ERP systems (e.g., Odoo, SAP, Oracle).

●        Excellent leadership, problem-solving, and analytical skills.

●        Exceptional communication skills, with the ability to present complex financial data in a clear, actionable manner.

 

●      Office Environment: Enjoy creative workspaces, a well-equipped kitchen, and an open design that fosters team collaboration.

●      Education Budget: Take advantage of an annual education budget for training, courses, or conferences of your choice to support your professional growth.

●      Flexibility: Work remotely or onsite based on what works best for you. For those who prefer the office, enjoy subsidized lunch to connect with teammates.

●      Mobility Package: Subsidized mobility expenses for public transport when commuting to the office.

●      State-of-the-Art Equipment: From your first day, choose your preferred laptop and tools to stay productive and efficient.

 

What You Should Know About Financial Control Lead/Manager, b_labs

Join b_labs as a Financial Control Lead/Manager and be part of a revolutionary movement in the retail industry! With b_labs, the transformation and digitization arm of B.TECH, you'll have the opportunity to engage in tech innovation while enjoying the stability that comes from being part of a well-established company. Our mission is ambitious: to become the leading omni-channel platform for consumer electronics and appliances in Egypt. As the Financial Control Lead/Manager, you'll take charge of vital tasks like preparing and analyzing financial reports to ensure compliance with accounting standards. You'll collaborate with our FP&A team on budgeting and forecasting, all while establishing robust internal controls to secure our assets. Your insights will drive data-driven decisions that align with our strategic goals. This role isn't just about the numbers; it's about leadership, as you'll mentor a dynamic financial control team. Additionally, we offer a unique office environment that supports flexibility—work remotely or onsite as you see fit! Plus, with an education budget for professional growth, state-of-the-art equipment from day one, and a mobility package for commuting, your well-being is our priority. This is more than just a job; it's a chance to shape the future of retail in the Middle East. Are you ready to make an impact?

Frequently Asked Questions (FAQs) for Financial Control Lead/Manager Role at b_labs
What are the main responsibilities of the Financial Control Lead/Manager at b_labs?

As the Financial Control Lead/Manager at b_labs, you will be responsible for financial reporting, budgeting, and forecasting, internal controls, compliance with financial regulations, and leading the financial control team. Your role also involves analyzing financial data to provide insights and trends that inform strategic decisions.

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What qualifications are needed to become a Financial Control Lead/Manager at b_labs?

To qualify for the Financial Control Lead/Manager position at b_labs, you should have a Bachelor's degree in Finance, Accounting, or a related field with a Master's degree considered a plus. Professional certifications such as CPA, CMA, or ACCA are preferred, alongside at least 7 years of experience in financial management.

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What internal controls are associated with the Financial Control Lead/Manager position at b_labs?

In the Financial Control Lead/Manager role at b_labs, you'll establish and maintain internal controls to protect the company's assets, ensuring financial integrity. This includes implementing systems and policies that comply with local and international regulations while preparing for audits.

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How does b_labs support professional growth for the Financial Control Lead/Manager?

b_labs supports professional growth for the Financial Control Lead/Manager through an annual education budget. This can be used for training, courses, or conferences that align with your career aspirations and development goals.

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What tools and technologies will a Financial Control Lead/Manager use at b_labs?

A Financial Control Lead/Manager at b_labs should be proficient in financial tools and ERP systems such as Odoo, SAP, or Oracle. You’ll use these technologies to generate reports, monitor budgets, and analyze financial data for strategic insights.

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Common Interview Questions for Financial Control Lead/Manager
Can you describe your experience with financial reporting?

In your response, outline specific instances where you prepared, analyzed, and reviewed financial statements. Highlight your understanding of compliance with accounting standards and how you’ve provided insights to stakeholders.

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How do you approach budgeting and forecasting?

Discuss your methodology for collaborating with different teams to create accurate budgets and forecasts. Include examples of how you monitor and adjust budgets according to financial goals.

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What steps do you take to ensure compliance with financial regulations?

Explain your knowledge of local and international financial regulations and your experience ensuring compliance. Mention any audits you've led or participated in and how you addressed compliance issues.

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How do you establish internal controls?

Provide an overview of your process for implementing internal controls, including any software or systems you’ve used. Discuss how these controls help safeguard assets and ensure financial integrity.

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What financial analysis tools do you find most effective?

Share your experience with various financial analysis tools and ERP systems. Explain how they helped you in decision-making and providing data-driven insights to stakeholders.

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Can you give an example of how you led a team successfully?

Describe a specific experience where you provided leadership and mentorship to your financial control team. Emphasize the outcomes of your leadership style and how it fostered innovation and excellence.

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How do you present complex financial data to non-financial stakeholders?

Detail your approach to simplifying complex financial concepts for individuals without a financial background. Include strategies you utilize, such as visual aids or straightforward language.

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What measures do you take to keep up with industry trends?

Discuss your ongoing education and research habits to stay informed about financial regulations and industry developments. Mention conferences or journals that you follow regularly.

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How do you handle financial discrepancies or audits?

Provide a situation where you managed a financial discrepancy or successfully coordinated an audit. Discuss your problem-solving strategy and how you ensure transparency and accuracy.

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What motivates you in a financial leadership role?

Reflect on the aspects of financial leadership that drive your passion. Whether it's fostering team growth, contributing to a company's strategic direction, or dealing with new challenges, outline your key motivations.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 6, 2025

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