Senior Account Payable
Scitra Egypt
Total years of experience :6 years, 0 Months
Post contractors’ invoices & necessary reconciliation for their
accounts (Local & foreign).
Follow up Purchase Orders’ (POs’) delivery and report for any delays
or variances.
- Responsible of calculate actual cost (Custom, Broker claim, Freight
invoice, insurance) for imported shipment.
- Review the advance payments to suppliers and clear it with its
invoices.
- Customizing payment terms, payment methods, and payment
schedules.
- Review and settle Inter-company transactions.
- Amortization for prepaid expenses and record accruals monthly.
- Charge expenses to accounts and cost centers and control petty
cash spending.
- Issue WHT certificates for vendors & reconcile with Tax Portal.
- Assist with month-end closing activities and provide support for
audits.
- Ensure that other internal expense reports are approved by the
- Director of Finance / Financial Controller and the General Manager.
- Record vendor invoices.
- Review the vendor contracts and make the three-way match before record the invoices.
- Responsible for the GR-IR GL.
- Working with SC team to solve vendor’s issue.
- Review the advance payments to suppliers and clear it with its invoices.
- Reconcile statement for supplier quarterly.
- Record Cash and checks payment for vendors and clear with invoices.
- Prepare aging report to issue date payment for supplier.
- Prepare and analyze accrual and prepaid monthly.
- Record and review document for custody.
- Reconcile with Affiliated companies every month before closing.
Duties
- Develop and implement all necessary financial policies and
procedures to ensure the provision of an effective financial
management service and compliance with any relevant regulations.
- Assist in the preparation of the annual budget and produce cash
flow forecasts and variances against budget projections to assist
decision making.
- Produce regular analyses of income and expenditure to assist
managers in the budget monitoring process.
- Prepare and review Financial Statements quarterly separate and
consolidated with documents.
- Prepare closing income statement & balance sheet monthly.
- Consolidation report quarterly for the group.
- Reconciliation balance of affiliated company and track all transaction.
- Review prepaid & accrual for Expense & Revenue.
- Preparing and submitting VAT returns, WHT and payroll taxes.
- Prepare and review Financial Statements.
- Preparing Trial balances and financial statements.
- Identified weaknesses of existing control systems and made
suggestions for remediation.
- Preparing annual declaration.
- Review the analysis and documents required for tax inspection
purposes.
- preparing all tax compliance, assisting in audits, and
responding to tax correspondence.
- Reviewing customers aging report and update balances comments and
clarifications.
- Manage the monthly closing of AR cycle.
- Issuing customers invoices.
- Review that all customer payments, invoices, credit memos and
applications submitted on timely manner
- Reviewing customers aging report and update balances comments and
clarifications.
- Handling & reviewing customers balance, monitoring credit terms &
collections confirmations.