Country Finance Lead – Egypt

Job Description

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Job Description

Job Title: Country Finance Lead – Egypt
Location: Cairo, Egypt

About the role:

Country Finance will play a critical role to support the operations in the country through managing multiple workstreams where the primary focus will be managing business planning, support decision making by identifying, maintaining and evaluating information, managing and accuracy of the IFRS & management reporting, statutory accounting and compliance with SOX (where relevant), controlling and internal control framework.

The incumbent will be the main contact regards to coordination with Takeda Business Solutions (TBS) team and ensure compliance with TBS ways of working while running & supporting a range of accounting & reporting related tasks, lead several ongoing and planned projects, such as ERP rollouts, enhancements, legal entity integrations, automation, and various other accounting & reporting systems initiatives in coordination with EAMEA MCO Finance Controller Lead.

The incumbent will ensure business partnership and support business functions with proper analysis and relevant data to develop solutions recommendations. This includes both quantitative and qualitative analysis, forecasting, financial modeling, working with large data sets, developing reports as well as creating presentations. As part of business partnership, the incumbent will also lead the planning & forecasting processes (budget, mid-month and adhoc forecasting, scenario analysis) in the country as well relevant system submission & management in coordination with EAMEA MCO FP&A Lead.

The role requires frequent interaction with the EAMEA Leadership in addition to EAMEA Financial Controller & FP&A, Supply Chain Head.

How you will contribute:

Finance Business Partnering:

• Partner with country head to stablish access to medicine model in the country
• Work closely with commercial team and other supporting functions to support business growth
• Provide business insights to support operational & strategic business decisions
• Support distributors relationship

Financial Planning (FP&A):

• Lead the financial planning process in the country (Plan / Mid-Year/ LROP)
• Financial Planning system input management (Norms / SKU / Technical Issues / Correction)
• Preparing forecasts for Sales Flash/Mid-month forecast/ P&L
• Monthly/Quarterly reporting: analysis of planned and actual data for budget holders / monitoring & support
• Check all P&Ls data, analyzing the reasons for the most significant deviations

Financial Reporting / Accounting:

• Lead the monthly closure process of the reporting period
• Oversees all tax related matters
• Support changes in Takeda legal footprint in the country
• Manage selected JE preparation retained with local market post Takeda Business Solution implementation (TBS)
• Oversees statutory financial statements generation
• Support internal and external audit activities Ensure robust control environment and adherence with Takeda SOPs
• Responsible for the Pre-Closing review of Opex & revenue review ensuring all accounting entries have been posted properly
• Ensure full compliance with Takeda accounting&reporting policies (ie: revenue recognition)
• Responsible for the gross to net sales monitoring & revenue deduction rebates (expiry/discount/etc..) ensuring all accruals are booked in timely manner following the sales recognition on monthly basis
• Closely monitoring all BS Reconciliation to avoid any improper booking or misstatement
• Reporting Quarterly Accounting Memo & SOX Compliance MEMO /any subsequent events to ensure all accounting standards & reconciliations are following correctly IFRS & issues reported/solved in a timely manner. Where needed, support EAMEA Controller to develop accounting memo’s for proper technical accunting alignment.
• Responsible for financial aspects of Distributor Contracts (Payment terms, compensation mechanism/process, tax implications if any, Credit Limits) and receivables collections including the bad debt assessment
• Ensure various statutory filings are completed in a timely manner, where applicable
• In every aspect of accounting, book keeping, IFRS bookkeeping and finance related processes and systems, main contact point for TBS

SKILLS and LEADERSHIP CAPABILITIES

CORE ELEMENTS RELATED TO THIS ROLE:

• Manage a multitude of stakeholders within the country and MCO
• Utilize and enhance tools to monitor and drive business performance (digitalization efforts)
• Support MCO FD in driving Takeda’s people agenda, develop and coach staff

DIMENSIONS AND ASPECTS:

Technical/Functional (Line) Expertise

• Strong accounting, financial controlling and expertise and experience
• Strong understanding of Takeda accounting-reporting-planning systems, hands on SAP experience -preferred-
• Excellent analytical skills and strategic thinking, able to see the “big” picture
• Problem solving ability and willingness to think creatively
• Storytelling and technical/verbal presentation skills

Leadership

• Curiosity and a “hands on” approach
• Strong communication and interpersonal skills for an effective interaction with management
• Ability to drive and achieve results through influence and persuasion
• Organizational skills, ability to manage conflicting demands and appropriately prioritize
• Ability to handle change effectively and deal with ambiguity
• Understanding of customer needs and desire to meet/exceed expectations
• Embrace Takeda’s leadership behaviors

Decision-making and Autonomy

• High problem solving skillset, able to navigate in a complex environment
• Important x-Functional thinking and collaboration
• Ability to drive decision making providing financial insights

Interaction

• Direct report to MCO FD with business partner links to Country Head
• Regular liaison within MCO and BU stakeholders such as Controllership, FP&A, PDT

What you bring to Takeda:

EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS:

• University Degree in Finance or Accounting
• Minimum of 7 years of progressive Finance experience within a MNC finance organisation
• Strong accounting, controllership and decision support background
• Cultural awareness
• Executive presence
• Effective communicator

ADDITIONAL INFORMATION:

• Limited Travel requirements across the MCO

More about us:

At Takeda, we are transforming patient care through the development of novel specialty pharmaceuticals and best in class patient support programs. Takeda is a patient-focused company that will inspire and empower you to grow through life-changing work.

Certified as a Global Top Employer, Takeda offers stimulating careers, encourages innovation, and strives for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.

Empowering our people to shine:

Takeda is proud in its commitment to creating a diverse workforce and providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, parental status, national origin, age, disability, citizenship status, genetic information or characteristics, marital status, status as a Vietnam era veteran, special disabled veteran, or other protected veteran in accordance with applicable federal, state and local laws, and any other characteristic protected by law.

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