Context & Environment:
- Lead a high-performance team of 2, ensuring coaching, mentoring, and development to support a world-class team.
- Set clear team objectives that align with the goals of the accounting department.
- Develop and maintain high-quality staff to ensure efficient ongoing operations.
Statutory Financial Statements and Audit Process:
- Oversee the annual issuance of statutory financial statements for six entities and consolidated statements.
- Manage the preparation of consolidated financial statements, including necessary elimination entries on a quarterly basis.
- Prepare the IFRS group reporting pack on a quarterly basis.
- Supervise monthly board requirements, including trial balances, disclosures, and elimination entries for all six entities.
- Manage the external audit process, including interim and year-end audits.
- Ensure that the books are maintained in accordance with Egyptian and international accounting standards.
- Ensure compliance with Egyptian regulations and IFRS; implement audit recommendations with corresponding action plans.
- Perform detailed analysis of the general ledger and related disclosures in the statutory financial statements for six entities.
Fixed Assets Management:
- Oversee all aspects of fixed assets management, including capitalization, depreciation, impairments, and disposals across multiple entities.
- Manage the capitalization process for work-in-progress items to ensure accurate reporting.
- Oversee the lifecycle of intangible assets, including capitalization, amortization, impairments, and disposals.
- Supervise the fixed assets count and reconciliation processes.
- Submit regular disclosures for fixed and intangible assets for six entities.
- Manage the transfer and reclassification of fixed assets.
General Ledger Activities:
- Ensure trial balances are accurate to reflect the company’s true financial status and conduct monthly balance sheet analysis.
- Lead the month-end closing process and review monthly general ledger account analysis.
- Oversee monthly payroll reconciliations and ensure adherence to internal control requirements.
- Ensure timely and accurate classification and recording of all general ledger transactions.
- Manage monthly foreign currency revaluation calculations and analyze the results.
- Provide support for internal and group audits.
- Supervise the petty cash count and replenishment process for the general ledger.
- Ensure accurate accruals are provided on a monthly basis.
General Activities:
- Keep the general ledger, bank, and fixed asset procedures updated.
- Implement anti-corruption, antitrust compliance, and integrity policies and programs.
- Assist with due diligence processes within the scope of responsibility.
- Adhere to Health, Safety, and Environmental (HSE) policies and the 12 golden rules.
- Mitigate risks associated with job duties.
Candidate Profile:
Competencies:
- Strong commitment to achieving goals.
- Excellent teamwork skills.
- Proficient problem solver.
- Basic knowledge of HSE issues.
Qualifications & Experience:
- Educational background in Accounting.
- At least 7 years of accounting experience, preferably in multinational companies.
- Deep knowledge of international accounting standards.
- Fluent in English.
- Strong knowledge of SAP, especially the FICO modules.
- Excellent communication and interpersonal skills.
- Proficient in MS Office and financial management software (SAP).
- Well-informed on current financial topics, including accounting, tax laws, and business environments.
- Analytical thinker with a keen eye for detail.
- Ability to identify risky situations and escalate concerns to the relevant services (HSEQ, Operations).