AP Accountant

Job description / Role

Job description

Raya Smart Building, a subsidiary of Raya Holding for Financial Investments, is hiring an AP Accountant.

• Control the accounts payable entries on the system after applying the matching principle by following up on other departments before monthly closing if they have any accrual expenses by setting monthly closing rules.
• Maintain AP aging analysis which requires accurate payment terms to be recorded or updated on Oracle, ensuring the submission of the payments on time without any delay or penalties.
• Review VAT report with ATC as you should be ready any time for negotiation and keep analysis for the report. Prepare WHT analysis on time to be delivered to the tax authority.
• Maintain proper archiving system for AP which includes proper archiving for each payment request (PO, delivery note, P.R, copy of check signed from the delegated person from the supplier with delegation letter and check receipt), the old and new documents in addition to maintaining a logbook for the in-house archiving and outsourcing archiving (Info-Fort).
• Execute all payments on time (three-way matching) and maintain an accurate AP aging report.
• Follow up the advance payments for collecting related invoices on a monthly basis.

Skills

• Ownership
• Functional skills
• Ideas presentation and taking initiative
• Continuous learning
• Customer centricity
• Financial reporting & analysis
• Accounts payable experience
• From 1 to 3 years experience
• Bachelor of Accounting - CMA or IFRS is a plus

Education

• Accounting/Finance

About the Company

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.

Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing, automotive, FMCG and home appliances

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

Raya's Lines of Business include; Aman for e-payments, Aman for Financial Services, BariQ, Ostool, Raya Contact Center, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier - Raya Electric.