Ap Section Head
5 months ago
Follow up on their team members on the agreed deadline and accounts reconciliation.
- Collaborate with procurement and treasury on the expected cash projections.
- Resolve all financial issued related to AP.
- Attend meetings with suppliers, vendors and finance reps when needed.
- Review of accounting entries on the system and recorded invoices.
- Reconcile GL entries in terms of prepayments, amortizations, advances, accrued expenses.
- Follow up petty cash balances and issue settlements.
- Perform monthly audit for employee's expenses.
- Assist in month end/year end closing and produce monthly reports & periodic audits.
- Review all LoBs/Departments’ payment requests to ensure that they are allowable and authorized.
- Analyze all expense per LoB and compare with the budget report
- Collaborate with team members to perform their daily tasks on a timely basis.
- Overview of submission of all quarterly and annually reports related to financial packages.
- Send periodic confirmation to all externa & internal parties to ensure that the company’s payables balance matches with the company balance.
- Coaches, develops, motivates, monitors, and follows up on team members’ performance, quality, and adherence for improving productivity and skills to ensure people development and high performance.
- Participate in the identification and recruitment of key talents for the AP team.
- Lead, guide and assist direct reports to perform their functional operations in accordance with set policies and procedures
- Set performance objectives, provide the necessary support, evaluate/appraise the team and provide regular feedback on performance
**Personal Skills**:
- Excellent communication skills
- Excellent analytical skills
- Very Good report writing skills
- Good knowledge of Microsoft Word and Excel Very good command of English**Technical Skills**:
- Bachelor's and/or master’s degree in accounting or equivalent.
- 10-15 years of relevant experience
- Shows good knowledge in IFRS.
- Experience in projects/subcontracting companies.
- Should participate at least 2 full cycle.
- Experience with the following:
- AP: Work Bench details, Setups and configurations, key reports analysis, details on specific standalone features provided by oracle).
- GL: Configuration and setting up. Awareness on the key features provided by Oracle GL - Revaluation, consolidation, translation, general options, and allocations. Report development by BI
- Cash Management: Bank Reconciliation Processes - Manual and Automating. Cash forecasting procedures Dependency on other financial modules.
- Fixed Assets: Asset Creation process - Manual and Automatic. Awareness of Asset category definitions - Depreciation rule, methods, etc. Creation of Asset Books and Calendars.
- BI/Hyperion/EPM (added advantage).
- OUM Implementation Methodology: Documentation procedures across different phases of the projects.
- Configuration and setups: Hands on experience in performing setup and configuration
.Excellent proficiency of English (written and spoken)
**Education**:
B.Sc. in Accounting
**Job Details**:
Job Location
Cairo, Egypt
Company Industry
System Integrator
Company Type
Employer (Private Sector)
Job Role
Accounting/Banking/Finance
Employment Status
Full time
Employment Type
Employee
Job Division
Finance
Career Level
Management
Years of Experience
Min: 10 Max: 15
Degree
Bachelor's degree
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