Accounting Supervisor

JOB TITLE* : Supervisor Accounting
DEPARTMENT: Accounting & Finance
REPORTING TO : Accounting Manager
LOCATION : Cairo, Egypt
ADDITIONAL INFO:
PURPOSE OF POSITION
The Supervisor Accounting is responsible for the Bookkeeping activities for
the MENA region and supports the Accounting Manager in ensuring the accurate
and timely production of financial reporting.
KEY RESPONSIBILITIES
* Process accounting transactions such as payroll processing, account reconciliations, account receivables, account payables, revenue, expenditure, etc.
* Determine accounting errors or discrepancies and suggest necessary corrective action.
* Maintain accurate accounting records.
* Assist in account receivables and payables activities.
* Respond to accounting related questions and inquiries from employees.
* Ensure financial records comply with company policies and accounting principles.
* Perform month end closing activities such as account reconciliation, revenue accounting, expense accounting, etc.
* Prepare finance reports required for team meetings or as requested by management and customers.
* Prepare and submit financial reports in a timely and accurate manner.
* Review all financial reports to ensure accuracy and completeness.
* Support preparation and collection of data for input into annual budget, forecast and projections.
* Assist in preparing necessary documentation for annual financial audits.
* Liaise with Tax Authorities and other statutory and regulatory bodies.
* Daily Inventory subledger or detailed schedule reconciled to the GL and Monthly COGS calculation.
* Prepare monthly Intercompany invoices and reconcile month end balances with regions.
* Periodic verification of fixed assets performed to ensure the item in the FA subledger have not been disposed of or out of service and still in use and appropriately valued.
* Checking bank balance to ensure that sufficient funds are available before making payments, by following with credit controllers for collections and if needed, transferring funds from the USD bank account.
* Issuing of Intercompany invoices on time and collecting the funds as per due date
* All invoices to be recorded correctly in ERP and prepared for payments as per the aging report.
* Payments to be uploaded accurately with correct value date in HSBC and sent to treasury for release with sufficient supporting documents.
* Follow up with the treasury department to ensure that all loaded payments are released on time, so suppliers/employee payments are not delayed.
* Needs to perform balance sheet reconciliation on weekly basis with understanding numbers and GL accounts, and not only data processing - should be ready to present to accounting manager at any point of time during the month.
* Full responsibility on Dubai tax portal, submitting refunds and making sure its claimed on time.
* Responsible for audit process, starting from providing audit requirements to EY, sends all supporting documents/samples on time, checks draft financial statements and following up till the signed financial statements are received.
* Responsible for intracompany balance confirmation during month close in power app and transmittals.
* Perform month end closing activities:
* Upload financials in HFM.
* Prepare FDME journals.
* Review P&L with accounting manager before closing.
* Prepare month end reports.
DELEGATION OF AUTHORITY
As per Board-approved DOA and as necessary for functions outside the DOA.
As delegated by the Managing Director, when necessary.
POSITION RELATIONSHIPS
Internal
* Finance & Accounting team
* Head of departments
External
* Tax advisors
* Suppliers
* Payroll providers
* Audit firms
* Tax inspectors
MEASURES OF PERFORMANCE (INDICATORS)
PERSONAL QUALIFICATIONS & EXPERIENCE
Education/ achievements
* Bachelor's Degree in Accounting/Finance.
* MBA / CFA.
Experience/ Knowledge
* Fresh graduate/ ‎7+ years experience
* \Multinational background.
* \Regional exposure.
Specific Skills
* Ability to communicate across levels with internal stakeholders, customers, and suppliers.
* High Degree of accuracy and attention to detail.
* Ability to work under pressure and deliver to tight deadlines
ROLE SPECIFIC COMPETENCIES & BEHAVIOURS
Competency Descriptors
Customer Driven
* Gains insight into customer needs.
* Identifies opportunities that benefit the customer.
* Builds and delivers solution that meet customer expectation.
* Establishes and maintains effective customer relationships.
Collaborative
* Works cooperatively with others across the organization to achieve shared objectives.
* Represents own interest while being fair to others and their areas.
* Partners with others to get work done.
* Credits others for their contributions and accomplishments.
* Gains trust and support of others.
Inclusive
* Seeks to understand different perspectives and cultures.
* Contributes to a work climate where differences are valued and supported.
* Applies others' diverse experiences, styles, backgrounds, and perspectives to get results.
* Is sensitive to cultural norms, expectations, and ways or communicating.
Accountable
* Follows through on commitments and makes sure others do the same.
* Acts with a clear sense of ownership.
* Takes personal responsibility for decisions, actions and failures.
* Establishes clear responsibilities and processes for monitoring work and measuring results.
* Designs feedback loops into work.
Champions VBS
* Identifies and creates the processes necessary to get work done.
* Separates and combines activities into efficient workflow.
* Seeks ways to improve processes, from small tweaks to complete reengineering.
* Is a simplifier, focused on cutting through complexity.
* Prioritizes to the critical few - focuses on what matters most.
Self-Aware
* Reflects on activities and impact on others.
* Proactively seeks feedback about shortcomings.
* Admits mistakes and gains insight from experiences.
* Knows strengths, weaknesses, opportunities, and limits.
Pioneering
* Comes up with useful ideas that are new, better, or unique.
* Introduces new ways of looking at problems.
* Can take a creative idea and put it into practice.
* Encourages diverse thinking to promote and nurture innovation.
* Anticipates and adopts innovative digital and technology applications.
Agile*
* Learns quickly when facing new situations.
* Experiments to find new solutions.
* Takes on the challenge of unfamiliar tasks.
* Extracts lessons learned from failure and mistakes.
* Bounces back from setbacks and failure.
Gilbarco Veeder-Root represents the leading brands of solutions and
technologies that provide convenience, control, and environmental integrity
for retail fueling and adjacent markets. In ‎2002, the Gilbarco and Veeder-Root
companies combined into one marketing brand, with distinctive and
complementary business lines, services, and sales capabilities. Veeder-Root is
the world's leading supplier of automatic tank gauging and fuel management
systems and one of the few companies in the industry to design, manufacture
and service its own products; supplying and integrating the broadest range of
new and proven technologies to reduce cost of ownership, enhance environmental
integrity, and improve performance and profitability for petroleum marketers
and commercial fueling enterprises worldwide.
Vontier is a $3B global industrial technology company focused on smarter
transportation and mobility. Our five operating companies--Gilbarco Veeder-
Root, Global Traffic Technologies, Teletrac Navman, Matco Tools, and Hennessy
Industries--are united by a powerful purpose: mobilizing the future to create
a better world. Our portfolio of trusted brands includes market-leading
expertise in mobility technologies, retail and commercial fueling, fleet
management, telematics, vehicle diagnostics and repair, and smart cities.
Vontier's pioneering solutions advance safety, security, efficiency, and
environmental compliance worldwide.
Energized by our shared purpose and values, we have a strong culture shaped by
a deep organization-wide commitment to inclusion, diversity, and equity (ID&E)
and corporate responsibility. Eight vibrant global employee resource groups
serve as powerful focal points for connection, community, and advocacy, and we
actively support community causes through Vontier Cares. We offer flexible
remote and in-person, open-space work options.
The Vontier Business System (VBS), our engine for success and our competitive
advantage, powers every aspect of our business performance through a
continuous improvement mindset. As we look to the future, we will continue to
evolve VBS to prepare our teams for new challenges and opportunities, and to
stay on the forefront of changing technologies through fast iteration and
focused experimentation. To learn more about us visit: www.vontier.com