Associate Accounting Manager

22 hours ago


مصر, Egypt Ferring Pharmaceuticals, Inc. Full time

locations

Egypt

time type

Full time

posted on

Posted Today

job requisition id

R0020307

About Ferring:
Making a difference in the lives of millions of people globally takes every role at Ferring working seamlessly together. We recognize that our success is tied to each team member’s ability to take on new challenges and drive real results. When you join us in a corporate role, you’ll work closely with inspiring leaders who are open to new ideas. You’ll also be expected and empowered to make your voice heard, look for ways to improve what you do and put them into action. You can gain a wide range of experience and make a broad impact within an organization that supports you to thrive and grow.
**Job Description**:
Job Description Summary

The role conducts retained transactional activities and work closing with the BPO. The role contributes and ensure proper and effective administrative, financial, tax and asset management, in compliance with existing fiscal and civil regulations, as well as with specific company policies and accounting principles. The role manages processes and limited complex transactions, works independently with general supervision and have limited judgements to make.

Accountability

Overseeing and working in close collaboration with the BPO and ensuring the deliverables from the BPO:
Order goods/services:

- Verify the quality of a purchase
- Manage purchase orders

Accounts Payable:

- Document Management
- Process invoices
- Process payments
- Manage discrepancies
- Handle vendor queries
- Create and update supplier master data
- Process month end and reporting

Manage expenses:

- Handle expense claims
- Perform quality check
- Process expenses reimbursement
- Manage queries

Working in close collaboration with the country/site Finance organisation and ensuring timely achievement of the below tasks:
Manage and process collections:

- Release credit hold

Customer billing:

- Generate and send invoices to customers

Overseeing and working in close collaboration with the BPO and ensuring the deliverables from the BPO:
Manage and process collections:

- Perform aging
- Collect cash
- Create and update customer master data
- Process month end and reporting

Process and manage intercompany transactions

Customer billing:

- Enter customer invoice

Working in close collaboration with the country/site Finance organisation and ensuring timely achievement of the below tasks:
Period end closing and reporting:

- Define Journal Entries
- Perform Internal Controls

Tax preparation and management:

- Calculate taxes
- Report taxes
- Monitor compliance
- Manage tax queries

Treasury management:

- Manage in-house bank accounts, debts and investments
- Manage financial risk and fraud/dispite cases
- Forecast cash and manage foreign exchange rates master data

Project accounting and validations.

Overseeing and working in close collaboration with the BPO and ensuring the deliverables from the BPO:
Period end closing and reporting:

- Process current period transactions
- Generate and process Journal Entries
- Close and open, reconcile Sub-ledgers
- Update balances
- Adjust GL for period close and close GL period
- Generate financial reports
- Maintain G/L master data
- Manage allocations
- Intercompany reconciliations

Cash reconciliation: Load and reconcile bank statements

Accounting for Fixed Assets, Tax Accounting and Payroll accounting

Financial budgeting and planning:

- Perform budget process

Financial reporting:
Perform statutory reporting by ensuring accounting records and reports are accurate, duly approved and comply with the Statutory Accounting Principles

Management reporting and forecasting:

- Prepare period financial forecast

Projects and improvements:

- Support HQ/Corporate Finance in the implementation of corporate Finance programs, processes or procedures which are to be locally applied.
- Contribute to performance management and drive continuous improvement initiatives e.g. propose standardized and co-ordinated use of financial information systems, identify and propose optimization measures

Compliance and integrity:

- Strict implementation and adherence to internal guidelines, instructions, processes and systems, local as well as global
- Strict adherence to the local fiscal and finance related regulations of the respective country
- Risk management: Inform relevant parties timely on potential issues, assess the risks and propose corrective measures

Collaboration:

- Collaborate with SDM’s to ensure smooth service delivery
- Collaborate with GPO to work on continuous process improvements
- Collaborate with BPO to ensure a smooth relationship and a seamless delivery of the in-scope finance activities

Required Education / Qualifications / Skills
- Bachelor's degree in Finance, Accounting, Economics or Business Administration
- 3-5 years’ experience in Finance
- Demonstrated understanding and experience with many accounting and reporting principles and pro


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