Head of Accounting
Industry: Logistics, E-commerce & Last-Mile Delivery
Location: Giza, Egypt
Department: Finance – Accounting
Reports To: Chief Financial Officer (CFO)
Job Summary
We are seeking an experienced Head of Accounting to lead the entire accounting function across General Ledger, Financial Reporting, Revenue & Cash-on-Delivery (COD) Accounting, Treasury, Accounts Payable, Procurement, Inventory, and Tax. The role oversees a team of approximately 40 accounting professionals through functional managers and is responsible for ensuring the accuracy, integrity, and compliance of all financial operations.
A key responsibility of this position is serving as an authorized bank signatory, approving customer COD payout transactions and supplier payments in accordance with the company's delegation of authority and internal governance framework.
Key Responsibilities
Financial Accounting & Reporting
- Lead the monthly, quarterly, and annual financial close processes.
- Ensure accurate and timely preparation of financial statements in accordance with Egyptian Accounting Standards and IFRS.
- Oversee the General Ledger and maintain the chart of accounts and accounting policies.
- Review and approve journal entries, reconciliations, and balance sheet substantiation.
- Prepare consolidated financial statements, including intercompany eliminations and reporting across group entities.
Revenue & COD Accounting
- Oversee revenue recognition for shipping and related services, ensuring billing completeness and minimizing revenue leakage.
- Manage the full Cash-on-Delivery (COD) accounting cycle, including daily collections, courier and hub cash reconciliations, and merchant payout liabilities.
Treasury, Banking & Payment Authorization
- Act as an authorized bank signatory for customer COD payouts and supplier payments.
- Review and approve bank transfers in accordance with the approved delegation-of-authority matrix.
- Ensure all payments are properly documented, reconciled, approved, and supported by appropriate segregation of duties.
- Oversee cash positioning, cash flow forecasting, bank reconciliations, and banking relationships.
Accounts Payable & Procurement
- Lead the end-to-end Accounts Payable process, including invoice processing, three-way matching, vendor reconciliations, and payment approvals.
- Oversee procurement activities to ensure compliance with company policies, budgets, and approval matrices.
- Manage vendor sourcing, negotiations, and contract terms to achieve cost savings while maintaining service quality.
- Monitor purchase order controls and ensure an effective procure-to-pay process.
Inventory & Fixed Assets
- Oversee inventory accounting and internal controls, including physical inventory counts and provisioning.
- Maintain a complete and accurate fixed asset register and ensure proper asset accounting.
Tax & Compliance
- Ensure timely and accurate filing of all tax obligations, including VAT, withholding tax, payroll tax, corporate income tax, and e-invoicing requirements.
- Lead external audits, tax inspections, and regulatory compliance activities.
Internal Controls & Audit
- Develop, implement, and monitor a robust internal control framework across accounting operations.
- Strengthen controls over Cash-on-Delivery, procure-to-pay, and record-to-report processes.
- Mitigate fraud risks and ensure compliance with company policies and financial governance standards.
Leadership & Process Improvement
- Lead, mentor, and develop a team of approximately 40 accounting professionals through functional managers.
- Set departmental objectives, KPIs, and succession plans.
- Drive finance transformation initiatives, ERP optimization, automation, and continuous process improvements.
- Enhance integration between operational and financial systems to improve efficiency and reporting accuracy.
Authorization & Governance
- Serve as an authorized bank signatory for customer payout transfers and supplier payments.
- Approve journal entries, payment runs, master data changes, and write-offs within approved authority limits.
- Ensure compliance with internal governance policies and delegated authority requirements.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or a related discipline.
- Extensive experience in accounting leadership within a large organization, preferably in the logistics, e-commerce, supply chain, or technology sectors.
- Strong knowledge of Egyptian Accounting Standards (EAS), IFRS, taxation, and statutory reporting.
- Proven experience managing financial reporting, treasury, accounts payable, procurement, inventory accounting, and tax compliance.
- Hands-on experience with ERP systems and finance process automation initiatives.
- Demonstrated leadership experience managing large accounting teams through multiple direct reports.
- Strong analytical, problem-solving, and process improvement capabilities.
- High level of integrity, sound judgment, and attention to detail, particularly in managing company funds and payment authorizations.
- Excellent communication and stakeholder management skills with the ability to interact effectively with executives, banks, auditors, and regulatory authorities.
- Ability to perform effectively in a fast-paced, high-growth environment.
- Fluency in both Arabic and English.
