Accounting & Reporting Manager in Cairo, Al Qahirah, Egypt

Duties, Responsibilities, Performance Standards & Qualification

Management, Supervision and Advisory:

  1. Supervise the day-to-day activities of the team to ensure smooth work flow
  2. Develop Key Performance Indicators (KPIs), goals and objectives for the team.
  3. Ensuring best working practice and process to ensure the team KPIs, goals and objectives are met.
  4. Determine appropriate staffing level to ensure that all management requirements are met.

Control and Monitoring:

  1. Develop and implement the accounting system and the control process including policies and procedures to ensure compliance to the Concession Agreements.
  2. Regularly review the effectiveness and appropriateness of finance operation policies and procedures and recommend changes when necessary.
  3. Monitor and ensure compliance with financial reporting requirements under the terms of the governing Agreements and Joint Operating agreements on aspects such as budgets, cost recovery and taxation.
  4. Ensure appropriate changes to systems, procedures and working practices for better control and efficiency for each International operations.
  5. Conduct regular communication with Head Quarter to ensure alignment. Manage relation with external auditors and ensure compliance to any findings and implement forward.
  6. Ensure safeguarding company’s operation by implementing provisions in the governing Agreements.
  7. Monitor CAPEX & OPEX ensuring appropriate approval controls, accurate tracking of expenditure, identification, and analysis of budget variations, making recommendations as appropriate on how variations should be resolved.

Reporting: Prepare reports in support of Management and financial reporting and Control activities

  1. Prepare and issue financial reports in accordance with the applicable regulations, professional standards and international financial reporting standards, statutory acts as per the concession agreements and IFRS standards.
  2. Ensure timely and accurate reporting of management information to stakeholders.
  3. Regularly report on control assurances to management.
  4. Identify, mitigate, treat and monitor management reporting & control Risks Register.

Coaching, Training and Mentoring: Contribute to the development of staff

  1. Prepare the training plan for the team based on competency level of team members to close any gaps and address any new requirements application the team is fit to implement.
  2. Coach employees in order to build their knowledge and skills.
  3. Mentor staff to ensure appropriate succession plan.
  4. Motivate employee by encouraging, recognizing and rewarding superior performance.

Minimum Education Level Required :

Bachelor in Finance or Commerce

Certificate: CPA or CFA is preferred

The minimum years of experience required (All qualification listed Must be job related)

Minimum 12 years oil and gas industry finance and accounting experience, 5 years in a supervisor capacity, recognized professional accounting qualification

The amount of supervision required to jobholder employee

Level 3 – General Direction

The amount of supervision required to job holder employee (How and to what extent, is the employee's work checked?)

Some delegation of responsibility, some independence of strategic matters. Incumbents exercise some control over both the technical and administrative aspects of work. Objectives may be set for the position, but the incumbent often works independently.

The analytical skill required

Level 3 – Analytic

Duties and tasks are varied and complex. Work is analytic, non-standardized, requiring independent judgment to identify, select and apply the most appropriate course of action among available options.

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