Senior Payable Accountant

Retail Group Egypt Nasr City, Cairo

259
Applicants for
1 open position
55
Viewed
8
In Consideration
Experience Needed:
More than 3 years
Career Level:
Experienced (Non-Manager)
Job Type:
Full Time
Salary:
Confidential
Vacancies:
1 open position
Job Categories:
About the Job

Pay company current liabilities according to payment terms and commercial agreements, cost reduction, maintain the accuracy of the transaction recorded, the efficiency of A/P turnover and average collection period ratios.

  • Manage the development and implementation of goals, policies, priorities, and procedures relating to accounts payable.
  • Co-organized between AP and Purchasing Department for all new vendor set-ups, creating vendor master and insurance procedures.
  • Proofing of invoices and communicate with Brand Partners and Forwards.
  • Interface with vendors to troubleshoot and resolve accounts payable matters.
  • Establishes and maintains procedures for the timely and efficient payment of all purchased items and expense vouchers.
  • Developed relationships and resolved issues with vendors.
  • Oversee expenditure for compliance with budgets and give recommendations on discrepancies as often as necessary.
  • Train Accounts Payable Clerks in job duties and company policies.
  • Analyze expenses to ensure they are recorded appropriately on a monthly basis.
  • Analyze financial records, reports and make adjustments as needed.
  • Maintains accurate A/P records and control reports.
  • Reviewing reconciliation of payments and records in ERP.
  • Manage reviews, verify approve and post payable ledge and other related accounting reports.
  • Monitor with other departments for discrepancies.
  • Prepare accounts payable and accrued expenses reconciliation on a monthly basis.
  • Review petty cash and post-transaction on a monthly basis.
  • Support month-end and year-end close process.
  • Assist with Annual Audit Support.
Job Requirements

Essential: 

  • Bachelor’s Degree in Accounting, CMA holders are preferable.
  • Very Good English Language (Written & Spoken)
  • Working knowledge of MS Software, Excel and.
  • Knowledge of generally accepted accounting practices.
  • Ability to communicate diplomatically with staff and vendors.
  • Strong attention-to-detail.
  • Ability to work under pressure and to meet deadlines.
  • Highly organized and dependable.
  • Ability to work in team environment as well as to work independently.
  • Previous experience in the industry / retail is a major plus.
  • 3 years of experience holding the same role.

Desirable: 

  • Familiar with ERP System preferable Oracle Software.
  • CMA Holders are preferable.
About this Company

Retail Group Egypt; a subsidiary of Fawaz Al Hokair Fashion Retail; was established in 2007 in order to provide the Egyptian market with the most successful international fashion brands proving to the Egyptian community that fashion is no longer miles away but in fact... (More)

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