AR Senior Accountant - Holding Co. - Egypt

cairo, Egypt

Join the team of a leading holding company in Saudi Arabia specializing in Telecommunications and Electronics Manufacturing. The company is experiencing a very fast growth this year and they are looking to welcome an experienced AR Senior Accountant in their office in Egypt.

Job Context: Working as a Senior AR Accountant entails: Following all relevant policies and procedures, verifying debtors' and clients' balances, and reviewing files and documents to ensure that operations are carried out as required.

Key Accountabilities 

The position involves: 

  • Implementing company Standard Operating Procedures (SOPs).
  • Reviewing and auditing all revenue transactions (sales, sales returns, and sales discounts) according to company sales policies.
  • Reviewing, auditing, and monitoring cash and credit sales collection from debtors.
  • Ensuring invoice review according to company-approved price lists.
  • Reconciling daily bank deposits for debtors according to the cash and banks department's reports and company bank statements.
  • Matching daily balances and transactions between the MIRSA system and Oracle.
  • Monitoring daily debtor balances and collect payments.
  • Reviewing VAT for sold items subject to VAT.
  • Reviewing stamped credit invoices and ensure stamp conformity with the contract between the company and the client, and perform weekly scanning.
  • Introducing clients to the Oracle system according to the credit policy and client classification.
  • Reviewing and verifying the accuracy of monthly and yearly closing reports for revenue, debtors, and clients to avoid discrepancies and make necessary adjustments.
  • Complying with all policies and procedures related to debtors and clients accounts at all times.
  • Preparing customer statements and reconciliations and send them to debtors (clients).
  • Ensuring implementation of current company policies and procedures for debtors' timely payments.
  • Conducting annual and ad-hoc inventory of company warehouses.

Knowledge, Skills, and Experience

We are Looking for:

  • Bachelor's degree in Accounting or Business Administration.
  • 3 to 7 years of experience in accounting, specializing in debtors accounts, in medium to large-sized companies.
  • Familiarity with International Financial Reporting Standard (IFRS) 15 and Expected Credit Losses (ECL).
  • Proficient in using Oracle and MIRSA software.
  • Proficient in computer applications such as Microsoft Office, especially Excel.

AR Senior Accountant - Holding Co. - Egypt

Job description

AR Senior Accountant - Holding Co. - Egypt

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