Accounting Manager

Power International Holding

  • Cairo
  • Permanent
  • Full-time
  • 1 month ago
Job Summary:The Accounting Manager is responsible for ensuring the accuracy and integrity of the company’s financial records, safeguarding organizational assets, and optimizing accounting processes. This role oversees revenue recognition, monthly closings, financial reporting, and compliance with accounting standards and internal policies. The Accounting Manager also plays a key role in strategic planning, internal controls, and contract-related financial oversight.Key Responsibilities:Financial Reporting & Compliance
  • Ensure accounting records are maintained in accordance with company policies, the chart of accounts, and applicable accounting standards.
  • Oversee the preparation of the monthly trial balance and ensure timely and accurate financial reporting.
  • Review and approve all types of vouchers (BPV, CPV, JV, RV) to ensure correct cost coding and cost center allocation.
  • Review monthly accrued expenses and depreciation processes to ensure proper cost allocation.
Reconciliation & Controls
  • Review and validate monthly bank reconciliations for all current accounts and liabilities prepared by the Treasury section.
  • Review vendor reconciliations prepared by the Accounts Payable team.
  • Ensure all transactions from ERP modules are correctly linked to the General Ledger (GL).
  • Maintain internal controls over financial transactions and reporting processes.
Team Leadership & Oversight
  • Supervise and guide the accounting team to ensure accurate and timely processing of financial transactions.
  • Provide training, support, and performance feedback to accounting staff.
  • Ensure compliance with internal policies and external regulatory requirements.
Strategic & Contractual Support
  • Support financial aspects of contract management, including revenue recognition and reporting.
  • Collaborate with other departments to ensure financial alignment with business goals.
  • Assist in budgeting, forecasting, and financial analysis to support strategic decision-making.
Job Knowledge & Skills:
  • In-depth knowledge of accounting principles, financial reporting standards, and regulatory compliance.
  • Strong leadership and team management skills.
  • Proficiency in accounting software and ERP systems, preferably SAP functional skills.
  • Excellent analytical and problem-solving abilities.
  • Experience in financial statement preparation, budgeting, and forecasting.
Experience Requirements:
  • Minimum 8 years of total working experience.
  • At least 5 years in a relevant accounting or finance role.
  • 2 years of experience in the GCC region is preferred.
Education & Certifications:
  • Bachelor’s Degree in Accounting, Finance, or a related field.
  • Professional qualification such as Certified Public Accountant (CPA) is required or preferred.
Core Competencies:
  • Collaboration
  • Accountability
  • Resilience
  • Quality Orientation
  • Leadership
  • Credit & Collections (Level 3)
  • Control and Monitoring (Level 3)
  • Banking Relationships (Level 3)
  • Profit and Loss Budgets (Level 3)
  • Debt Management (Level 3)

Bayt

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