Accounting Manager - Manufacturing Sector

Department:

Finance

Job Location:

Kasrawy for the Automobile Industry "KAI" Industrial Zone, October, Giza

For interested candidates, kindly send your CV to: [email protected]

Mention the job title in the subject.

Job Description

1. Lead the Accounting function and ensure accurate, complete, timely, and compliant recording and reporting of all financial transactions.
2. Manage and oversee General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Treasury accounting interfaces, and other core accounting activities.
3. Establish accounting policies, procedures, controls, and closing requirements in accordance with company policies and applicable accounting standards.
4. Lead monthly, quarterly, and year-end financial closing processes and ensure all accounting activities are completed accurately within approved timelines.
5. Review and approve journal entries, accruals, provisions, prepayments, reclassifications, reconciliations, and other significant accounting adjustments.
6. Ensure timely and accurate reconciliation of General Ledger accounts with Accounts Payable, Accounts Receivable, Fixed Assets, Inventory, Treasury, Payroll, and other sub-ledgers.
7. Review financial account reconciliations, investigate material variances and unusual balances, and ensure appropriate corrective actions are implemented.
8. Oversee Accounts Payable activities, including supplier invoice processing, supplier reconciliations, payment support, aging, and resolution of outstanding items.
9. Oversee Accounts Receivable activities, including customer invoicing, receipt allocation, reconciliations, aging, collections support, and resolution of disputed balances.
10. Oversee Fixed Asset accounting, including additions, transfers, capitalization, depreciation, disposals, physical verification, and reconciliation with the General Ledger.
11. Coordinate with Cost Accounting to ensure accurate manufacturing cost, inventory valuation, production accounting, standard costing, and cost variance information.
12. Review accounting treatment for inventory, work-in-progress, finished goods, production variances, scrap, rework, provisions, and other manufacturing-related transactions.
13. Ensure proper accounting treatment and compliance for VAT, withholding tax, foreign currency transactions, provisions, accruals, and other applicable tax/accounting matters.
14. Review intercompany transactions, balances, confirmations, and reconciliations and ensure differences are resolved within agreed timelines.
15. Ensure compliance with IFRS, applicable Egyptian accounting and tax requirements, company policies, internal controls, and statutory requirements.
16. Coordinate with the Costing, Budgeting, Financial Planning and Analysis team to ensure consistency and integrity of financial data used for management reporting, budgeting, and forecasting.
17. Review monthly financial reports and provide management with explanations of significant accounting movements, variances, risks, and financial issues.
18. Lead the preparation of schedules, reconciliations, confirmations, and supporting documentation required for statutory, internal, and external audits.
19. Coordinate with external auditors, internal auditors, tax advisors, banks, and other financial stakeholders and ensure timely resolution of audit and accounting matters.
20. Oversee the integrity of accounting master data, chart of accounts, accounting structures, financial dimensions, and relevant ERP configurations in coordination with Finance and IT.
21. Ensure appropriate segregation of duties, authorization controls, approval limits, and financial control procedures are implemented across accounting activities.
22. Monitor accounting processes and identify opportunities for automation, standardization, efficiency, and improvement of financial controls and reporting quality.
23. Lead and develop the Accounting team, establish performance objectives, allocate responsibilities, provide technical guidance, and ensure appropriate succession and competency development.
24. Monitor accounting workload, service levels, staffing requirements, and resource utilization and recommend improvements where required.
25. Ensure timely resolution and escalation of critical accounting, reconciliation, reporting, tax, and control issues.
26. Support financial projects, ERP implementations/upgrades, process changes, new business initiatives, and organizational improvement programs affecting accounting.
27. Maintain strong coordination with operational functions to ensure business transactions are properly reflected in the accounting records.
28. Provide accounting advice and financial guidance to management and other functions on accounting treatment, controls, and financial implications.
29. Ensure accounting records and documentation are maintained accurately, securely, and in accordance with statutory and company retention requirements.
30. Perform other financial management and accounting responsibilities assigned by the Finance Director, Financial Controller, or senior management.

Job Requirements

Education

• Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
• CMA, ACCA, CPA, or equivalent professional qualification is strongly preferred.
• Master's degree in Finance, Accounting, Business Administration, or a related field is an advantage.
• Training/certification in IFRS, Egyptian taxation, financial controls, or ERP systems is preferred.

Experience

• 12–15 years of relevant experience in Accounting, Financial Reporting, General Ledger, AP/AR, or Financial Control.
• 3–5 years in a supervisory or managerial accounting position.
• Strong experience in manufacturing, automotive, local assembly, or industrial environments is strongly preferred.
• Proven experience managing month-end/year-end closing, financial reconciliations, financial reporting, internal controls, and audit activities.
• Strong exposure to manufacturing accounting, inventory, product costing, fixed assets, and operational accounting is preferred.
• Experience managing and developing accounting teams is required.

Technical Knowledge & Skills

• Advanced knowledge of financial accounting and General Ledger management.
• Strong knowledge of AP, AR, Fixed Assets, Inventory, Cost Accounting, and financial reporting processes.
• Strong understanding of month-end/year-end closing, journal entries, accruals, provisions, prepayments, reconciliations, and financial adjustments.
• Strong knowledge of IFRS and applicable Egyptian accounting and tax requirements.
• Strong understanding of manufacturing accounting, including inventory, WIP, finished goods, production variances, scrap, rework, and cost absorption.
• Strong knowledge of internal controls, segregation of duties, audit requirements, and financial governance.
• Experience with Oracle EBS Financials; Oracle is strongly preferred.
• Knowledge of Oracle General Ledger, Payables, Receivables, Fixed Assets, Cash Management, and Cost Management integration is an advantage.
• Advanced Microsoft Excel skills, including financial analysis, PivotTables, reconciliations, and reporting.
• Strong financial reporting and analytical capabilities.
• Knowledge of ERP controls, financial master data, workflows, and system-based accounting processes.
• Strong understanding of budgeting, forecasting, and management reporting interfaces.
• Excellent English communication, presentation, leadership, and stakeholder management skills.

Benefits:

- Attractive salary.

- Monthly Incentive.

- Profit Share.

- Reward in Occasions.

- Medical and Life insurance.

- Transportation.

- Mobile Line.

- Training Programs.

- Career path.

Kasrawy Group: Driving Excellence Since the 1970s Automotive Leadership As a main dealer for global automotive brands such as NISSAN, AVATR, AITO, Citroën, JETOUR, JAC, GOLDEN DRAGON, and IVECO in Egypt and JETOUR, and SOUEAST in Libya, Kasrawy Group operates an extensive network of over 20 service centres and showrooms across Cairo. Our commitment quality and customer satisfaction set us apart in the industry.

Pioneering Local Production, we proudly lead in local vehicle assembly, achieving over 45% Egyptian Production for GOLDEN DRAGON, JETOUR and JAC vehicles. With an annual production capacity of up to 10,000 vehicles, we are expanding our reach by exporting locally assembled cars beyond Egypt, contributing to the national economy and showcasing Egyptian manufacturing capabilities.

Expanding Horizons in Real Estate Kasrawy Group's influence extends beyond the automotive industry. We own and manage prominent commercial properties in Cairo, including RIVULET Twin Towers Mall El Sheikh Zayed, enhancing urban lifestyles with modern retail and business spaces.

Why Join Kasrawy Group?

- Be part of a dynamic, growth-driven company with a rich history of success.

- Work with leading global brands and innovative local projects.

- Contribute to transformative projects in both the automotive and real estate sectors.

- Grow your career in a supportive, forward-thinking environment.