Assets Services Lead
Egypt2d ago
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Skills
About the role
ABOUT THE COMPANY | AZADEA Group is a premier lifestyle retail company that owns and operates more than 40 leading international franchise concepts in fashion and accessories, food and beverage, home furnishings, sporting goods, multimedia and beauty and cosmetics across the Middle East and Africa spread across 13 countries overseeing more than 700 stores. |
JOB PURPOSE | The Assets Services Lead at Azadea Business Services is responsible for supervising accounting services and managing the activities of the accounting unit to ensure the delivery of a comprehensive and efficient end-to-end service to the group. |
RESPONSIBILITIES | - Analyze statistical and functional reports to identify key insights for process improvement and efficiency enhancement. Ensure supplier advances are properly controlled, financial obligations are monitored, and advances against assets are recorded in a timely manner. Oversee fixed asset management to ensure accurate recording, depreciation, and reconciliation in line with company policies and financial statements. - Drive the continuous development of accounting procedures and system processes to maintain a proactive accounting framework aligned with evolving standards. Manage the fixed assets and prepaid register, enforce approval cycles within the system, and maintain control over balance sheet accounts and expenses. - Ensure full compliance with tax regulations, Generally Accepted Accounting Principles (GAAP)/International Financial Reporting Standards (IFRS), and company policies. - Foster strong relationships with stakeholders to enhance service quality, drive business improvements, and support the achievement of company objectives. Collaborate with internal and external auditors to ensure smooth execution of financial and operational audits. - Oversee and validate the preparation of financial reports related to fixed assets and prepaid movements. Strengthen control over advances and capital expenditures (CAPEX) to align with budgetary constraints and feasibility studies, ensuring accuracy and timeliness. - Manage cash flow by overseeing cash movements and ensuring sufficient coverage for daily operations. Coordinate with the Treasury Manager and Financial Controller/Area Financial Controller to assess the country’s financial needs. Maintain accurate cash flow reports to provide management with insights into financial exposure. - Recruit, train, motivate, and evaluate the team to ensure the department possesses the necessary skill set, fostering optimal motivation and empowerment to maximize their potential and contributions to the company. |
ABOUT THE COMPANY | AZADEA Group is a premier lifestyle retail company that owns and operates more than 40 leading international franchise concepts in fashion and accessories, food and beverage, home furnishings, sporting goods, multimedia and beauty and cosmetics across the Middle East and Africa spread across 13 countries overseeing more than 700 stores. |
JOB PURPOSE | The Assets Services Lead at Azadea Business Services is responsible for supervising accounting services and managing the activities of the accounting unit to ensure the delivery of a comprehensive and efficient end-to-end service to the group. |
RESPONSIBILITIES | - Analyze statistical and functional reports to identify key insights for process improvement and efficiency enhancement. Ensure supplier advances are properly controlled, financial obligations are monitored, and advances against assets are recorded in a timely manner. Oversee fixed asset management to ensure accurate recording, depreciation, and reconciliation in line with company policies and financial statements. - Drive the continuous development of accounting procedures and system processes to maintain a proactive accounting framework aligned with evolving standards. Manage the fixed assets and prepaid register, enforce approval cycles within the system, and maintain control over balance sheet accounts and expenses. - Ensure full compliance with tax regulations, Generally Accepted Accounting Principles (GAAP)/International Financial Reporting Standards (IFRS), and company policies. - Foster strong relationships with stakeholders to enhance service quality, drive business improvements, and support the achievement of company objectives. Collaborate with internal and external auditors to ensure smooth execution of financial and operational audits. - Oversee and validate the preparation of financial reports related to fixed assets and prepaid movements. Strengthen control over advances and capital expenditures (CAPEX) to align with budgetary constraints and feasibility studies, ensuring accuracy and timeliness. - Manage cash flow by overseeing cash movements and ensuring sufficient coverage for daily operations. Coordinate with the Treasury Manager and Financial Controller/Area Financial Controller to assess the country’s financial needs. Maintain accurate cash flow reports to provide management with insights into financial exposure. - Recruit, train, motivate, and evaluate the team to ensure the department possesses the necessary skill set, fostering optimal motivation and empowerment to maximize their potential and contributions to the company. |
LANGUAGE & TECHNICAL SKILLS | Language Skills - Fluency in English. - Fluency in French is a plus. Technical Skills |