Accountant - Egypt

Recruiter
Imdad
Location
Cairo, Egypt
Salary
Competitive
Posted
04 Feb 2019
Closes
14 Mar 2019
Ref
3882744
Job role
Accountant
Carry out accounting entries and paperwork tasks related to A/R, A/P, Assets and GL transactions efficiently. Prepares month-end general ledger close journal entries and supporting reconciliations. The accountant is responsible for the day-to-day activities and various responsibilities within monthly accounting close, reconciliations assist in analysis, and financial reporting activities.​ Review trial balance and compare to reports, ensure implementing applicable accounting policies and procedures.

Job Responsibilities:

A/P


  • Receive and verify invoices and acquisition for goods and services, invoices include (local and international suppliers), examples, insurance, products, service providers and others.

  • Verify that transactions comply with financial policies and procedures and contract terms.

  • Prepare batches for invoices for data entry and enter invoices for payment (RGRs and match invoices) verify the accuracy of distribution.

  • Monitor accounts payable and ensure payments are up to date, process payment transfer request or check payment request.

  • Data entry for all payments done to the vendors (checks and transfers)

  • Resolve invoice discrepancies, reconcile vendor’s balances at least each month end.

  • Correspond with vendors and respond to inquiries, acts as a liaison between related departments and vendors.

  • Ensure full accruals during month end and year end closing.

  • Always monitor and match the balances between the purchases module and the GL posting accounts. Also match between the inventory module and the GL inventory posting accounts.

  • Maintain accounts payable files.



A/R


  • Ensure up to date posting of invoices; follow up with opened invoices on a daily basis.

  • Monitor accounts receivable and ensure balances are always up to date.

  • Resolve accounts’ discrepancies, reconcile customers’ balances.

  • Correspond with customers and respond to inquiries, acts as a liaison between related departments and customers.

  • Always monitor and match balances between the sales module and the GL posting accounts.

  • Review aging file.

  • Make sure that accountant provide management status of dues on & respective collections on Monthly basis.

  • Prepare monthly customers specific provision if any.

  • Review Monthly bank reconciliation to ensure all entries is updated.

  • Approve daily equipment sales invoices



GL


  • Ensure up to date posting of office expenses and other GL transactions.

  • Prepare monthly journal entries, accruals and GL account reconciliations including banks, prepaid and accrued expenses, etc.

  • Assist in preparation of intercompany transactions and consolidation entries.

  • Respond to inquiries, acts as a liaison between related departments.

  • Assist in month end and year end closing for closing

  • Perform duties with attention to details and accuracy. Maintain problem-solving skills.

  • Online banking transactions entries.

  • Cooperate with auditors of the company till receive stamped financial.

  • Manage stock adjustments and stock transfer

  • Review control accounts



TAX


  • Prepare Report of Income Tax and VAT tax

  • Guide and answer any questions from External customers about Tax

  • Consult with our Tax consultant for any inquiry and get updating of Tax on time to reflect in our books

  • Manage on line system and submit Tax return for Egypt company and make sure the payment done on time

  • Responsible for Tax filling and make sure it is filling properly

  • advise management on time for any new rules about Tax



Other tasks


  • Follow up the due accounts receivable and other debit accounts, report on collections.

  • Supervise stocktaking in Egypt

  • Post affiliate entries on time

  • Renewal Insurance of Fire and Alarm

  • Office Insurance

  • Car Insurance