Accounting Manager

2 weeks ago

Cairo, Cairo, Egypt Thales Full time 120,000 - 180,000 per year
Location: Cairo, EgyptIn fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.Thales has built a presence in Egypt for over 40 years and has today over 100 employees. Thales in Egypt is part of our Middle East business that has 1,800 people across Egypt, Iraq, Kuwait, KSA, Lebanon, Oman, Pakistan, Qatar and UAE.Together We delivered fare collection and control and communication systems for the first metro line in Africa, Metro Line 1 in Cairo. Since then we have continued to bring growth and security and safety to the country by upgrading these transportation systems as well as providing solutions for customers in air traffic management, air defence and Navy.Purpose of the Role:
  • Responsible to maintain accurately and timely the financial books of the given scope of Legal entities.
  • This position will be based in Egypt and working remotely to AMEWA Regional Finance Team

Roles & Responsibilities:

A) GENERAL LEDGER AND REPORTING
  • Ownership of data accuracy in the books
  • Manage smooth closings of the books across the scope of entities
  • Provide accurate, timely and appropriate accounting information to meet Corporate Reporting requirements (Magnitude tool)
  • Maintain GL Reconciliations for audit purposes (including but not limited to bank reconciliations, payroll, prepayments, accrued liabilities)
  • Regular review of balance sheet with the Regional Chief Accountant and associated CFO.
  • Lead, coordinate with and train the accounting shared services center team (Infosys based in Bangalore, India) for the associated scope 
B) ACCOUNTS PAYABLE
  • Ensure that suppliers are managed to meet contractual obligations.
  • Maintain accurate accounting records and timely payments
  • Follow-up and coordination with Shared Services Centre (Infosys based in Bangalore)
C) CASH MANAGEMENT
  • Ensure effective hedging instruments are utilized to mitigate foreign exchange risk together with the associated entries in the books.
  • Management of the netting campaigns for all entities under scope
  • Book petty cash entries for all entities
D) INTERNAL AND EXTERNAL AUDITS
  • Incorporate YAL and ICQ principles into the accounting processes and measure its effectiveness as an identified control measure.
  • Actively participate to the annual external audit process, including relationship with external auditors, preparing financial statements, schedules and reconciliations.
  • Complies with international (IFRS) and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
E) SUPPORT TO OTHER DEPARTMENTS
  • Actively contribute to supporting other departments as Finance business partner (Purchasing process, payment process, HR/Finance related topics, etc)
Work Experience & Qualification Requirements:
  • Experience with 8 years in accounting
  • Certified ( IFRS or ACCA ) – or in the process of getting the qualification
  • Multinational companies background.
  • Fluent in English
  • Big 4 audit experience – or tier 2 audit firms
  • Shared service experience (preferable )
  • Hands on SAP or ERP system experience.
At Thales we provide CAREERS and not only jobs. With Thales employing 80,000 employees in 68 countries our mobility policy enables thousands of employees each year to develop their careers at home and abroad, in their existing areas of expertise or by branching out into new fields. Together we believe that embracing flexibility is a smarter way of working. Great journeys start here, apply now

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