Accounting Section Head (Contracting)

MG · Cairo, Egypt · Posted 2026-04-19

Strategic Leadership & Team ManagementDirect and mentor the accounting team, providing technical guidance to ensure all financial operations align with local and international accounting standards (IFRS/GAAP).Assign and supervise departmental projects, fostering a high-performance culture focused on accuracy and professional development.Act as the primary liaison for external auditors and tax authorities, preparing comprehensive documentation to ensure seamless annual audits with zero discrepancies.Systems, Workflow & Internal ControlsOptimize ERP: Fully oversee and develop the integrated documentary cycle within Nama Soft, ensuring the system reflects the unique workflow of contracting operations.Data Integrity: Review and rectify journal entries to maintain a reliable, "single source of truth" within the ERP system.Policy Development: Establish and implement rigorous financial policies and SOPs, taking corrective actions to strengthen internal controls and mitigate financial risk.Project Accounting & Cost ControlCost Center Management: Monitor dedicated cost centers for individual projects, ensuring precise tracking of expenses against project budgets.Contractor & Vendor Oversight: Review subcontractor payment applications, work items, and disbursement rates to ensure strict adherence to contractual terms.Supply Chain Audit: Track raw material deliveries to sites and organize strategic supplier payment plans to maintain steady project cash flow.Budget Adherence: Audit representative contracts and site disbursements to ensure all site-level spending remains within the established workflow budget.Financial Reporting & ComplianceFull-Cycle Closing: Manage monthly and year-end closing processes, including trial balance reconciliation and adjusting entries, to produce consolidated financial statements.Treasury & Payroll: Oversee AP/AR, cash flow operations, check issuance, trust accounts, debt activities, and the end-to-end payroll process.Tax & E-Invoicing: Manage the e-invoicing system, record brokerage transactions, and issue tax withholding notices to ensure 100% compliance with current tax laws. Education & Professional CertificationBachelor’s Degree in Accounting or Finance (Major in Accounting is a must).CPA, CMA, or DipIFRS is highly preferred and often required for "Section Head" roles to ensure compliance with international standards.Advanced knowledge of IFRS (International Financial Reporting Standards) as they apply to the construction industry (specifically IFRS 15 for revenue recognition).Experience & Technical SkillsIndustry Experience: Minimum of 7–10 years of experience in accounting, with at least 3–5 years in the Contracting or Construction sector.ERP Mastery: Proven experience in managing and developing documentary cycles within ERPs like SAP or Oracle.Technical Accounting: Expert-level knowledge of cost accounting, cost centers, and progress billing (Payment Applications).Taxation: Comprehensive understanding of local tax laws, VAT, E-Invoicing systems, and WHT (Withholding Tax).Project Controls: Ability to analyze "Percentage of Completion" and "Work in Progress" (WIP) reports.Core CompetenciesLeadership: Demonstrated ability to lead a team of 5+ accountants, including AP/AR and Site Accountants.Analytical Rigor: A "hawk-eye" for detail regarding journal entries, trial balance discrepancies, and budget variances.Contractual Literacy: Ability to read and interpret complex construction contracts, sub-contractor agreements, and LC (Letter of Credit) terms.Communication: Strong negotiation and professional communication skills for dealing with project managers, suppliers, and external auditors.Software & ToolsAdvanced MS Excel: Proficiency in pivot tables, VLOOKUPs, and complex financial modeling for project cash flow.Nama Soft ERP: Specialized experience in the Nama Soft "Contracting Module" is a significant competitive advantage.

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