Senior Accountant
4 weeks ago
**Project Summary**: MTC International Development Holding Company, LLC (MTC) was awarded the USAID-funded Workforce Egypt project in June 2021. Workforce Egypt assists in transforming the technical and vocational education and training (TVET) system to produce the skills needed for a globally competitive Egyptian market, thereby creating sustainable jobs, especially for youth and females, and institutionalizing structural labor market reforms that can support workforce development now and in the future. Working with a variety of Egyptian partners, MTC International provides technical assistance, capacity building and training for relevant stakeholders and counterparts to: (1) transform the quality and market relevance of TVET institutions and programs; (2) strengthen private sector participation in workforce development; and (3) improve the environment for skills development and employment.
**Project Duration**: 5 years; June 1, 2021-May 31, 2026
**Position Location**: Cairo, Egypt
Reporting and Supervision: The Senior Accountant reports directly to the Senior Accounting Manager.
**Position Summary**: The Senior Accountant will support the accounting management functions of WFE, in accordance with MTC policies and procedures and USAID regulations. He/she will serve as WFE’s Payroll Officer and will manage the daily functions of accounting, accounts payable, and sub-award/contracts management.
Primary Responsibilities include but are not limited to:
Under the supervision of the Accounting Manager and the Senior Finance Manager, the Senior Accountant will assist WFE staff in various financial tasks to optimize project efficiency and effectiveness. Responsibilities include:
**Accounting Management**
- Ensure that internal control systems are in place and delegation schemes are implemented and complied with.
**Accounting**
- Prepare vendor and payroll tax forms and ensure these are submitted in a timely manner.
- Prepare and submit monthly reconciliation reports for review.
- Ensure that accounting policies and practices are carried out in accordance with the Egyptian Tax Code and that activity internal controls are established and implemented in accordance with project policies, USAID rules and regulations, and the terms of the contract.
- Assist in preparing information for any contractual financial reporting requirements (if applicable).
- Ensure backup documentation is uploaded to the relevant system according to set deadlines.
- Validate vendor invoices for accuracy.
- Verify accuracy of expenses and activity accounting codes.
- Ensure accurate and timely processing of invoices, advances and reimbursements, checks, and wire transfer payments.
- Perform monthly bank reconciliations and routinely monitor bank account balances.
- Compile backup documentation for all activity related transactions and ensure completeness and appropriate review and approvals are documented.
- Responsible for maintaining file management systems for soft and hard copy documentation.
**Budget Management**
- Manage cash-flow and ensure daily reconciliation of petty cash accounts is conducted.
**Payroll Management**
- Stay up to date with all Government of Egypt regulations regarding payroll taxes.
- Liaise with WFE’s Tax Advisor on uploading the monthly and quarterly income tax report for long and short-term staff and ensure review and upload of the annual income tax settlement on time.
- Coordinate with HR on new hires and their salaries.
- Coordinate with HR monthly to obtain any changes occurring to existing staff including change in title, annual increase, promotions, etc.
- Report payroll activities only and directly to the Sr. Finance Manager and Deputy Chief of Party for Finance & Operations.
**Required Skills and Qualifications**
- University degree in Finance, Economics, Accounting or equivalent.
- Experience in accounting for at least 8 years.
- Work experience in an international organization is highly desirable.
- Excellent knowledge of computer programs (Excel, Spreadsheets, accounting programs, etc).
- Good communication and interpersonal skills and ability to work collaboratively as part of a team.
- Demonstrated a high degree of confidentiality.
- Excellent organizational skills, attention to detail and ability to manage time andprioritize under pressure.
MTC International is an Equal Opportunity Employe
Application Deadline: 31/01/2025
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