Accounting Manager

Reporting to:

Finance & Operations’ Director

No. Subordinates:

Direct Reports: 2-3
Indirect Reports: NA

Sector:

Finance & Operations’ Sector

Position Reporting Line:

| Executive Director |

↑↓

|  Finance & Operations’ Director|

↑↓

| TVET Accounting Manager | Accounting Manager | Procurement Manager  | Legal Manager |

Main Job Purpose:

To manage the day-to-day accounting operations of the Foundation, including financial reporting, budgeting, compliance, and internal controls. The Accounting Manager ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions in alignment with SFSD’s strategic financial goals and compliance standards.

Overall Accountabilities:

• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS and internal policies.
• Analyze financial data and trends to support strategic decision-making.
• Reconcile accounts and resolve discrepancies in coordination with relevant Sectors
• Coordinate the annual budgeting process in collaboration with all sectors.
• Monitor budget vs. actual performance, flag variances, and recommend corrective actions.
• Support program managers in budgeting for project activities and donor reporting.
• Ensure adherence to Egyptian laws, tax regulations, and applicable accounting standards.
• Maintain internal control systems to safeguard assets and ensure accurate financial reporting.
• Support internal and external audit processes by preparing required documentation and responding to inquiries.
• Monitor daily cash flow and manage banking transactions.
• Review and approve payment requests ensuring alignment with budget and authorization levels.
• Maintain effective relationships with banking institutions.
• Supervise and coach accounting team members, ensuring timely and accurate performance of duties.
• Oversee performance evaluations and development plans for team members.
• Ensure accuracy and efficiency in financial systems and recommend upgrades or improvements.
• Generate financial reports from ERP and accounting systems as needed.
• Performs other related duties as assigned.

Monitoring and Evaluation:

• Prepares timely audit reports for Finance & Operations’ Director
• Submit quarter and year-end progress report to the Finance & Operations’ Director
  That represent the achievement of the financial activities and alignment with the sector strategic objectives.
• Submit regular audit finding report for the assigned programs/projects to the financial auditors on programs directors/ manager that represent the financial performance of the partner NGOs.

• Supervises and Communicates auditors team assigned to engagements providing guidance and overall review of deliverables to be risk-based, ensuring high quality, accurate productive, and efficient at all times.
• Receive and review back office report from the team on monthly basis.

Collaborate with other sectors:

• Work closely and collaboratively with internal colleagues and partners to implement audit standards.
• Provide financial database in collaboration with the MIS to ensure financial operations are properly documented and supported.

Networking and Communication:

• Initiate, establish and maintain effective relationships with key program stakeholders (e.g. partners, private sector, and relevant Ministries).
• Attend and contribute to meetings attended by the Director regarding big projects.

Position Relationship with Other Parties:

• Internal Relationships: All sectors
• External Relationships: Banks- National & International NGOs

Work Environment:

• Hybrid Environment
• In Office: 80%
• Out of Office: 20%
• Working Days: 5
• Days off: Friday & Saturday
• Working Hours: 9 am to 5 pm
• Work Hazard: Normal

Position Dimensions:

• Level of Authority: Authority and decisions within own departmental decisions
• Financial Control: Issuing Financial statements: job is responsible for issuing final financial statements
• Annual Sector Budget: NA
• Hiring Authority & Promotion: Coach New Employees – Direct Supervision – Responsible for Employees Performance Appraisal – Conduct Interviews.

Required Education:

• Bachelor Degree in Accounting, Finance or business
• MBA is preferable
• Financial audit and Analysis
• CIA is preferable
• CA/CMA/CGA designation, or senior level status, is highly desirable

Required Experience:

• Minimum 10 years of experience
• Excellent knowledge of banking/financial business operations and risk-based auditing
• Excellent understanding of the standards of the Institute of Internal Auditors (IIA) and ability to fully comply with IIA standards.

Required Computer Skills:

MS Office Knowledge about readymade finance programs such as “almotamem”

Required Languages:

• Arabic and English proficiency.

Core Competencies:

• Planning and organizing
• Networking and communication
• Adhering to principles and values
• Working with others
• Leadership skills
• Problem solving and decision making
• Negotiation skills

Functional Key Competencies:

• Attention to details
• Analytical skills
• Coaching skills
• Time Management