Senior Investment Fund Accountant
Arab Monetary Fund
Total years of experience :13 years, 9 Months
• Prepare monthly and annual financial statement.
• Prepare period end closing accounting journal vouchers.
• Formulate budgets, conducting variance analysis to determine difference between projected figures & actual expenditure and implementing corrective actions
• Prepare periodic ROI and performance Reports.
• Prepare analytical reports for the distribution of assets & liabilities of the organization location-wise and maturity-wise on
quarterly basis.
• Reconcile subsystem ledger & subsystem reports, detect and rectify problems that may arise to ensure the accurate posting of sub-ledgers into the GL.
• Ensure the timely delivery of Investment performance & benchmark reports of internally and externally managed portfolios on routine/non-routine manner for management support in decision-making.
• Perform monthly bank reconciliations, holdings reconciliation with various custodians with the organization records, identify, investigate, follow up and report irregularities.
• NAV calculation for external fund managers and reconciling manager against custodian reports.
• NAV calculation for investment in alternative strategies funds.
• Calculation, allocation and recording gain/ loss resulting from difference in conversion among the various portfolio components.
• Ensure that fees for external fund managers and custodian are properly calculated and paid on timely basis.
• Calculating monthly accruals related to investment transactions and recording related journal voucher to the GL.
• Calculating & recording share of profit related to investments in sister organizations.
• Ensure the proper documentation, accurate & complete recording of investment transactions of internally & externally managed portfolios.
• Setting up accounting rules related to investment transactions.
• Perform periodic updates for policy & procedures related to accounting for investment transactions.
• ECL calculation and related IFRS 9 required reports.
• Prepare confirmations, assets and liabilities listing related to external auditor requirements.
• Prepare VAT Return/Claim for the Organization.
Manage entire accounting & financial operations including finalization of accounts and preparing reports ensuring compliance to Financial Reporting Standards.
• Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports ensuring analysing the expenditure on a monthly basis to control expenses.
• Processing of general ledger accounting entries, reconciliation of various accounts and assisting the Chief Accountant in the finalisation process of monthly accounts.
• Ensuring that all payments are collected within the stipulated timeframe and managing accounts receivables within the pre-set parameters
• Following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control.
• Overseeing advance controls for advance payments & following up with purchaser, cost centre wise consumption & analysis with average consumption.
• Handle end to end statutory requirements for establishing company and its registration including rental payments and registration fees till the renewal and fines calculations.
• Document all accounting processes and procedures ensuring compliance with company guidelines; monitor and review all documents related to budgets, revenues, expenses, invoices, accounting etc.
• Review and supervise the process of post all types of customer’s payment, credit notes and apply them to corresponding invoices in AR module
Monitor the payment made by the customers for the merchandise invoices and post it in to their accounts. Reconcile the
sub ledger (AR) with the general ledger on monthly basis.
Diligently work towards preparing the proper analysis for the sales and revenue accounts and reconcile it to the GL at the
end of each month.
Undertake the root cause analysis of common issues affecting bill cycle and driving business process or system change to
achieve resolution.
Bachelor's degree in Accounting From Cairo University