Chief Accountant

7 days ago

Cairo, Cairo, Egypt Enjaz Consultancy & Enterprise Management Full time

We are seeking a highly experienced chief accountant to lead our accounts receivable and accruals processes. The ideal candidate will be responsible for overseeing the accurate recording, reporting, and management of receivables, as well as ensuring that all accrued revenue and expenses are recorded properly in the company's financials. This role is essential in maintaining financial integrity, ensuring compliance with accounting standards, and optimising cash flow management.

  • Lead and manage the entire accounts receivable (AR) process, ensuring timely and accurate invoicing, payment collections, and reconciliation of customer accounts.
  • Develop and maintain AR policies, procedures, and controls to streamline processes and improve collection efficiency.
  • Monitor aging reports and implement strategies for reducing outstanding balances and improving cash flow.
  • Oversee the relationship with clients to address any payment delays, billing disputes, or discrepancies.
  • Collaborate with sales and customer service teams to ensure the accuracy of client billing and resolve any discrepancies.
  • Manage the accruals accounting process, ensuring that all revenue and expenses are recorded in accordance with the matching principle.
  • Review contracts and agreements to accurately determine accrued revenue and expenses.
  • Ensure that all accruals are properly recorded in general ledger at month-end and that accrual schedules are updated regularly.
  • Oversee the preparation of monthly, quarterly, and year-end journal entries related to accruals.
  • Coordinate with other departments to gather information on expected expenses and revenues that should be accrued.
  • Identify and implement process improvements to enhance efficiency and accuracy of receivables and accruals processes.
  • Ensure compliance with accounting standards (GAAP/IFRS) and relevant tax regulations.
  • Develop and implement internal controls to mitigate risks related to receivables and accruals.
  • Support external and internal audits by providing accurate and timely documentation for AR and accruals accounts.
  • Process payroll activities with accuracy, timeliness, and compliance for clients. The ideal candidate has a strong background in payroll processing, labor law regulations, and employee data management, as well as excellent customer service skills to handle payroll inquiries professionally.
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field (Master's degree or CPA preferred).
  • Minimum of 5-7 years of experience in accounts receivable, accruals, or general accounting, with at least 2-3 years in a management role
  • In-depth knowledge of accrual accounting, revenue recognition, and financial reporting preferably in a consulting or professional services firm.
  • Experience with ERP systems (e.g., SAP, Oracle, QuickBooks, Zoho Books ) and strong proficiency in Excel for data analysis and reporting.
  • Excellent leadership, organizational, and communication skills.
  • Strong attention to detail, with the ability to manage multiple priorities and meet deadlines.
  • Strong ability to analyze financial data and provide actionable insights to improve profitability and manage risks.
  • Advanced financial analysis and problem-solving skills.
  • Excellent verbal and written communication skills, with the ability to convey financial concepts to non-financial stakeholders.

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