AR Senior Accountant - Holding Co. - Egypt

Join the team of a leading holding company in Saudi Arabiaspecializing in Telecommunications andElectronics Manufacturing.The company is experiencing a very fast growth this year and they are looking to welcome an experiencedAR Senior Accountantin 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.

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.

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.