Accounts Executive

Job Purpose:

To manage and oversee the day-to-day accounting operations for the Company's Greenfield project in the SEZone (Ain Sokhna), ensuring accurate financial records, proper documentation, and compliance with company policies and accounting standards. The role is responsible for monitoring project-related expenses, processing financial transactions, reconciling accounts, preparing financial reports, and supporting budget control to ensure efficient financial management and smooth project operations.

Requirements

Core Responsibilities

•             Ensure accurate, complete and timely recording of all financial transactions including bank, vendor, GL and Capex accounting.

•             Support the Section Head - Finance in maintaining strong financial controls, timely vendor payments and statutory compliance (including Withholding Tax and SEZone-related requirements).

•             Set up and maintain day-to-day accounting processes and controls for the Greenfield project during the initial Non-SAP phase, and support smooth migration/transition of accounting records and processes into SAP once implemented.

•             Ensure accounting practices, documentation and record-keeping are aligned with SEZone (Special Economic Zone) regulations and reporting requirements.

•             General Accounting: Record day-to-day accounting transactions accurately and on time; maintain books of accounts (non SAP initially, SAP subsequently) in line with Company policies and applicable accounting standards.

•             GL Accounting: Pass and review General Ledger entries, ensure proper account coding, perform periodic reconciliations, and support month-end and year-end closing activities.

•             Bank & Fund Management: Manage day-to-day banking operations, prepare bank reconciliation statements, and coordinate with banks for payments, collections and documentation.

•             Petty Cash Management: Maintain and control petty cash, ensure proper authorization and documentation of expenses, and perform periodic reconciliation and replenishment.

•             Accounts Payable & Vendor Payments: Process vendor invoices, verify supporting documentation, obtain approvals, and ensure timely and accurate vendor payments; maintain vendor account reconciliations.

•             Withholding Tax (WHT) Accounting: Ensure computation of WHT as per Egyptian tax regulations.

•             Capex Accounting: Record and monitor capital expenditure transactions, maintain fixed asset registers, track project costs against budgets/POs, and support capitalization and depreciation accounting.

Month-End & Reporting

o             Support timely month-end and year-end closing of books of accounts.

o             Prepare schedules, reconciliations and MIS reports as required by the Section Head - Finance & Accounting.