Job Description
Responsibilities:
Prepayments and Accruals:
- Manage prepayments and accruals processes, ensuring accurate entries and timely recognition in financial statements.
- Prepare and analyze prepayment and accrual breakdowns to ensure proper allocation across financial periods.
Bank Accounts and Monthly Reconciliations:
- Oversee and manage daily bank account transactions, ensuring proper posting and reconciliation of all bank accounts monthly.
- Review and reconcile monthly bank statements, identifying and resolving discrepancies on time.
Expense and Monthly Closing Entries:
- Review and analyze monthly bank transactions and prepare all related expense journal entries.
- Prepare monthly closing entries, including lease entries, depreciation, and salaries, ensuring compliance with accounting standards and internal controls.
Finance Receivables and Revenue Recognition:
- Review and reconcile finance receivables portfolios monthly, investigating and resolving discrepancies.
- Record revenue according to amortization schedules, ensuring that all income is accurately recognized in accordance with accounting principles.
General Ledger and Financial Reporting:
- Ensure accuracy of general ledger accounts related to prepayments, accruals, expenses, and receivables.
- Assist with the preparation of monthly financial statements and management reports, providing insights into account balances and variances.
Continuous Improvement:
- Identify areas for process improvements within accounting functions, ensuring efficiencies in closing, reconciliation, and reporting cycles.
- Support the implementation of best practices for accounting controls and financial reporting.
Requirements
Qualifications
· 5 + years of experience in a business-related discipline.
· Bachelor’s degree in accounting or finance at an accredited university.
· Background in Mortgage Finance
· Experience in the Egyptian Market is mandatory.
· Financial understanding of P&L and business case development
· Proficient English & Arabic language both written and spoken.
· Proficient in MS Office.
· Attention to details.
· Critical Thinking
· Organising for results
