• Responsible for the day to day accounting functions including reconciliation of GL transactions with Accounts Payable, Inventory & Accounts Receivables.
• Reviewing internal control structures, streamlining all operations to ensure accuracy & timeliness for financial reporting and management decision-making of Joint Stock Company.
• Exercising best practices for administering payroll accounts, making prompt and timely payments to suppliers, contractors, work force and financial institutions.
• Classifying accounting expenditures in monthly financial statements, overseeing debtors/creditors accounts and coordinating with other departments for budgeting and forecasting.
• Providing timely books of accounts and preparation of monthly trial balances, presenting tailored financial business planning and budgeting to management in order to facilitate decision-making.
• Assisting in production of monthly management accounts including investigation and explanation of any issues/variances with associated commentary as required.
• Coordinating the testing of improvements and updates to Oracle system for items that affect the GL and fixed assets modules.
• Responsible in developing of business plan for the finance department.
• Responsible in developing the annual budget for the finance department and ensure maintaining the costs and expenditure within the set budget.
• Implement and monitor the finance guidelines, policies and procedures and ensure its implementation across the department.
• Responsible for supervising the sector accountants and provide approvals on their transactions based on Delegated Level of Authority.
• Provide guidance and leadership to all employees to ensure effective and efficient flow of work, and ensure all employees recognize their fundamental role in the section.
• Ensure operations services are successfully and meaningfully being delivered and are supporting the operations of sector.
• Ensuring implementation of corrective and preventive actions as recommended and as agreed in action plan agreed with management.
• Liaising with the external auditors in order that both external and internal audit functions could be carried out efficiently and effectively with minimum duplication of efforts.
• Responsible for supervising the sector accountants and provide approvals on their transactions based on Delegated Level of Authority.
• Responsible for the day to day accounting functions including reconciliation of GL transactions with Accounts Payable, Inventory & Accounts Receivables.
• Reviewing internal control structures, streamlining all operations to ensure accuracy & timeliness for financial reporting and management decision-making of Joint Stock Company.
• Exercising best practices for administering payroll accounts, making prompt and timely payments to suppliers, contractors, work force and financial institutions.
• Classifying accounting expenditures in monthly financial statements, overseeing debtors/creditors accounts and coordinating with other departments for budgeting and forecasting.
• Providing timely books of accounts and preparation of monthly trial balances, presenting tailored financial business planning and budgeting to management in order to facilitate decision-making.
• Assisting in production of monthly management accounts including investigation and explanation of any issues/variances with associated commentary as required.
• Coordinating the testing of improvements and updates to Oracle system for items that affect the GL and fixed assets modules.
• Responsible in developing of business plan for the finance department.
• Responsible in developing the annual budget for the finance department and ensure maintaining the costs and expenditure within the set budget.
• Implement and monitor the finance guidelines, policies and procedures and ensure its implementation across the department.
• Responsible for supervising the sector accountants and provide approvals on their transactions based on Delegated Level of Authority.
• Serve as a liaison with external auditors during interim and year-end audits.
• Provide guidance and leadership to all employees to ensure effective and efficient flow of work, and ensure all employees recognize their fundamental role in the section.
• Ensure operations services are successfully and meaningfully being delivered and are supporting the operations of sector.
• Delegate some responsibilities to appropriate subordinates to benefit from smooth running of the department’s operation.
• Carry out audit assignments as assigned by the Audit in Charge Complete the assignment allocated within the budgeted time.
• Complete the assignment allocated within the budgeted time Keep track of the time spent on each assignment and bringing any delays to the notice of the Audit in Charge in a timely manner.
• Keep track of the time spent on each assignment and bringing any delays to the notice of the Audit in Charge in a timely manner.
• Perform risk assessments on business processes and evaluate the adequacy of internal controls in place to mitigate those risks.
• Demonstrates an understanding of business processes, risks and controls, including regulatory requirements and related accounting issues, and helping clients implement appropriate processes and systems for governance and control purposes.
• Identifying the opportunities that will add value to client and will enhance the efficiency of the company operations.
• Document the audit program and get it approved by the Audit in charge/ Manager
• Carry out the fieldwork in accordance with the audit program.
• Document findings and observations in the audit file and discussing with manager daily basis.
• Document the findings and discuss the findings with the appropriate client personnel
• Prepare the draft report and handover the project file complete in all respects to the Audit in Charge for review.
• Responsible for review all customers’ operations (buy - sell) for local and DVP report.
• Controller & review all Accounting reports.
• Responsible for Intercompany Branches Reports inside & outside Egypt.
• Close periods after approving all journal entries and open the next one and ensure that the periodic account closing activities are done on a timely and accurate basis.
• Responsible for important analysis monthly financial reports.
• Participated in reviews focusing on the development of internal control and accountability frameworks around financial, operational, and regulatory compliance systems for a range of entities.
Specialties: The role profile covers the following core areas:
Audit Assurance (Operational, Financial and compliance).
Understanding and analysis of business processes, risks and internal control structure.
Development of policy and procedures manuals.
Process reengineering.
Restructuring.
Strategic Planning.
• Plan the audit engagement (risk-based plan) for activities under review, identify objectives, specific risks (risk assessment) through understanding business and relevant processes, meeting, and performing walkthroughs of business cycles.