Accounting Team Lead

We are looking for an experienced Accounting Team Lead to manage the Group’s day-to-day accounting operations and support the Group CFO in maintaining strong financial control, accurate reporting, and effective working capital management.

The role will lead General Accounting, Accounts Payable, and Credit and Collections activities across the Group. It will also act as the finance lead in the Group CFO’s absence.

Key Responsibilities

Financial Accounting and General Ledger

• Manage accounting operations across all Group entities.
• Ensure all transactions are recorded accurately and on time.
• Maintain the General Ledger and Chart of Accounts.
• Review journal entries, accruals, provisions, prepayments, and adjustments.
• Ensure the correct accounting treatment of complex transactions.
• Complete monthly balance sheet reconciliations.
• Review intercompany transactions and reconciliations.
• Maintain supporting schedules for key balance sheet accounts.
• Coordinate internal and external audit requirements.
• Ensure compliance with IFRS, VAT, Zakat, withholding tax, and statutory reporting requirements.

Financial Closing

• Lead monthly, quarterly, and annual closing activities.
• Develop and manage the financial closing calendar.
• Coordinate with departments to receive required information on time.
• Review month-end accruals, provisions, and adjustments.
• Resolve accounting discrepancies before closing.
• Ensure all reconciliations are completed before finalizing the accounts.
• Prepare closing files, schedules, and supporting working papers.
• Work with the Group CFO to finalize management reports.
• Monitor closing KPIs and improve the speed and quality of the closing process.

Financial Reporting

• Prepare monthly management accounts and financial statements.
• Compare actual performance against budget and forecast.
• Provide variance analysis, explanations, and corrective actions.
• Prepare financial dashboards and KPI reports for management.
• Monitor operating expenses and identify cost-saving opportunities.
• Prepare quarterly reporting packages for management, shareholders, and investors.
• Support board reporting and investor information requests.
• Assist with annual financial statements, statutory filings, and audit requirements.

Budgeting and Forecasting

• Lead the annual budgeting process across all departments and entities.
• Coordinate budget submissions with department heads.
• Consolidate budgets for business units and subsidiaries.
• Develop financial models and budget assumptions.
• Prepare rolling forecasts and periodic reforecasts.
• Monitor departmental spending and budget compliance.
• Analyze actual results against budget and forecast.
• Prepare financial scenarios and sensitivity analysis.
• Support the Group CFO with strategic planning.
• Recommend cost-control and optimization opportunities.

Credit Control and Collections

• Support the development of credit policies and procedures.
• Conduct customer credit reviews and risk assessments.
• Monitor credit limits, payment behavior, aging, and customer exposure.
• Recommend credit approvals, restrictions, or amendments.
• Supervise the Credit and Collections team.
• Set collection targets and monitor performance.
• Review aging and collection reports each week.
• Escalate overdue balances and high-risk accounts.
• Coordinate with Sales and Operations to resolve payment issues.
• Monitor disputed invoices until resolution.
• Improve Days Sales Outstanding.
• Minimize bad debt exposure.
• Recommend provisions for doubtful debts.
• Prepare collection forecasts and cash flow projections.

Accounts Payable

• Supervise Accounts Payable activities.
• Review vendor reconciliations and payment schedules.
• Ensure all payments follow the required approval process.
• Monitor supplier aging and overdue balances.
• Coordinate payment runs based on approved cash flow plans.
• Resolve vendor disputes and accounting issues.
• Support the negotiation of payment terms.
• Ensure Accounts Payable records remain accurate and complete.

Cash Flow and Working Capital

• Support weekly and monthly cash flow forecasting.
• Monitor collections and cash conversion cycles.
• Review working capital performance.
• Support liquidity planning.
• Coordinate with Treasury and Finance teams on cash priorities.
• Recommend actions to improve cash flow and working capital efficiency.

Internal Controls and Process Improvement

• Strengthen financial controls across accounting processes.
• Maintain segregation of duties.
• Identify process gaps and implement improvements.
• Develop accounting procedures, policies, and SOPs.
• Support ERP implementation and system enhancement projects.
• Reduce financial and operational risks.
• Ensure compliance with financial governance requirements.

Team Leadership

• Lead and develop General Accounting, Accounts Payable, and Collections team members.
• Set team objectives and KPIs.
• Conduct performance reviews and development planning.
• Provide coaching and technical accounting guidance.
• Manage workload distribution and staffing requirements.
• Promote accountability and continuous improvement.
• Identify training and development needs.

Support to the Group CFO

• Act as the finance lead during the Group CFO’s absence.
• Support board presentations and investor materials.
• Assist with due diligence, acquisitions, financing, and strategic projects.
• Support relationships with banks, auditors, tax advisors, and investors.
• Provide financial insights and recommendations to senior management.
• Support long-term financial planning.
• Contribute to finance transformation initiatives.

Key Performance Indicators

• Month-end closing completed within the agreed timeline.
• Accuracy of financial reports.
• Number of post-closing adjustments.
• Audit findings and compliance issues.
• Days Sales Outstanding.
• Collection effectiveness.
• Overdue receivables percentage.
• Bad debt ratio.
• Cash collection against target.
• Vendor payment accuracy.
• Accounts Payable aging.
• Forecast accuracy.
• Budget variance levels.
• Timeliness of budget submissions.
• Departmental budget compliance.
• Team productivity and development.
• Completion of process improvement initiatives.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 8 to 12 years of progressive accounting and finance experience is preferred.
• At least 3 to 5 years of experience in a supervisory or leadership position.
• Strong experience in financial reporting, General Ledger management, budgeting, forecasting, Accounts Receivable, Accounts Payable, collections, financial analysis, and audit coordination.
• Strong understanding of IFRS.
• Hands-on experience with Odoo or a similar ERP system.
• Eligible to work in Egypt.

Technical Skills

• Advanced Microsoft Excel skills.
• Financial modeling and forecasting.
• Financial statement preparation and analysis.
• Budgeting and financial planning.
• Cost accounting knowledge.
• ERP systems, including hands-on experience with Odoo or a similar ERP system.

Benefits

A culture of growth: Many of our leaders started in junior roles — we believe in investing in our people and growing talent from within.

Continuous feedback: We don’t wait for annual reviews — we believe in real-time coaching and development.

Supportive & collaborative vibes: We're all about learning together, cheering each other on, and diving into challenges as a team.

A space for every personality: Love socializing? You’ll thrive in our lively environment where conversation and connection are key. Prefer quiet focus? We’ve got dedicated Focus Rooms perfect for deep work.