Job description:

• Assist in the development of consistent Amlak’s policies and procedures for accounting and financial reporting.
• Ensure that Amlak’s accounting practices are in compliance with Amlak requirements, Egyptian Accounting Standards, internal regulations and other applicable local rules and applications;
• Oversee financial and accounting systems controls and standards and ensures timely financial and statistical reports to senior management and the board.
• Coordinate with external, sharia, EFSA and internal auditors to ensure smooth completing of their activities and act as a primary liaison with these auditors.
• Organize the various departmental units’ workload and establish work standards to promote efficient productivity.
• Implement the overall financial plans and accounting practices of Amlak;
• Advise and assists HoF in preparation of budgets, and monitors actual expenditures against budget estimates throughout the year.
• Compare actual cash flows with forecasts on a monthly basis & provide justification for variances.
• Revenue and portfolio analysis
• Prepare Cash forecasts and analysis
• Prepare statutory reports;
• Communicate routinely with all parties who are involved in or are affected by a financial close;
• Coordinate and monitor the financial statement, reporting and period-end close process;
• Prepare balance sheet and income statement;
• Prepare asset/liability management reports;
• Review daily entries
• Supervise and provide directions to accounting supervisors, senior accountant and other support staff;
• Review and finalize trial balance, balance sheet and income statement;
• Review and approve accounts reconciliation, accruals calculations and other related accounting documents/schedules;
• Review and approve journal entries;
• Ensure cross training of staff to act as replacements in case of emergencies;
• Provide professional development guidance and mentoring of staff to help them achieve their full potential.
• Review all adjustments entry needed to finalize the monthly trial balance
• Review Bank reconciliation
• Compare monthly budget figures with actual on a monthly basis & provide justification for variances.
• Maintain a solid business relation with banks and open new channels with key positions in banks.
• Communicate with banks to seek different opportunities to obtain funds.