BECO Capital is a UAE-based early-stage VC fund and the largest non-government VC in the MENA. BECO has $485M AUM across 4 vintages and is growing exponentially to build a platform that invests in cutting edge tech globally. We're a team of entrepreneurial digital natives and have invested in 55+ startups across a wide range of sectors, including the region's biggest success stories. This Accounting & Finance Assistant role is a remote role, based in Egypt, and is a key position at BECO Capital and works closely with our finance and HR teams. The main responsibilities for this role are listed below. Finance
Own the invoice tracking and allocation process; streamline tools and processes
Review monthly operating expenses with ownership of the cost database including monthly accruals and deferrals for accounting purposes
Review intercompany expenses for correct cost allocation across entities and related accounting entries
Prepare and book key accounting entries including bank journals, revenue recognition, payroll/EOS, and fixed asset depreciation in QuickBooks on a monthly basis
Track and manage trade receivables of fund entities to ensure timely collection
Support the external auditors on annual audits across legal entities with data and information requests
Lead quarterly VAT and annual ESR filing in collaboration with external consultants
Support on capital call preparation for the funds and review of capital distributions of the funds
Update Finance dashboards in Tableau on a monthly basis
Prepare monthly balance sheet reconciliation including commentary
Analyse monthly financials for variance of actuals versus budget
Own the bi-annual budget for full P&L, Balance Sheet, and Cash Flow planning
Review quarterly expenses for the funds in collaboration with the fund administrator
Legal & Compliance
Incorporate new SPVs for the fund and renew existing SPVs on an annual basis
Provide KYC and AML information to portfolio companies and other stakeholders on an ad-hoc basis
Manage company's insurance policies and annual renewal process
Requirements
3-5 years of professional work experience in a structured organization.
Experience in expense management, invoice processing, and financial report preparation.
Experience in handling expenses, payments, vendor invoices, and financial reconciliation.
Familiarity with VAT, ESR filing, and tax-related responsibilities.
Knowledge of audit procedures and has the ability to provide audit documentation.
Experience working with management infromation systems (Airtable & G-Suite).
Experience in financial analysis (budget versus actuals).
Fluent in English (speaking, reading, and writing.
Strong attention to detail.
Strong problem solving skills with a "can-do" attitude.
Strong process management skills and the ability to effectively manage and communicate with multiple stakeholders.
Solid understanding of accounting and book-keeping principles.
