1. Finance & Accounting Foundation Development

• Establish a complete accounting system and chart of accounts suitable for a service-based company.

• Set up accounting policies and procedures (AP & AR cycles, payroll, expenses, assets, etc.).

• Ensure accurate bookkeeping, journal entries, ledgers, and monthly/annual closing.

• Implement cost centers and ensure accurate allocation of expenses across business units.

2. Treasury & Cash Management

• Manage all bank accounts, transfers, deposits, and reconciliations.

• Prepare daily/weekly cash position reports.

• Ensure proper documentation for all payments and receipts.

• Monitor cash flow and raise alerts for risks or shortages.

• Manage petty cash with complete documentation and monthly reconciliation.

3. Accounting Operations (AP/AR/GL)

• Process supplier invoices, verify accuracy, and prepare timely payments.

• Manage accounts receivable: issue invoices, monitor collections, and follow up with clients.

• Prepare aging reports for payables and receivables.

• Maintain and reconcile all general ledger accounts.

• Manage payroll coordination (salary sheets, deductions, taxes).

4. Legal & Compliance (Egyptian Financial & Labor Laws)

• Ensure compliance with Egyptian labor laws regarding payroll, social insurance, and taxation.

• Coordinate with the external accountant/tax advisor regarding VAT, income tax, stamp tax, and payroll tax.

• Prepare all legally required documentation for audits and government authorities.

• Ensure proper archiving and documentation of all financial and HR-related financial records.

5. Budgeting & Financial Planning

• Develop annual and quarterly budgets aligned with business goals.

• Monitor actual vs. budget performance and report variances.

• Provide cost-saving recommendations and financial optimization initiatives.

• Build forecasting models for revenue, expenses, and cash flow.

6. Management Reporting

• Prepare monthly financial statements (P&L, Balance Sheet, Cash Flow).

• Prepare cost center and service-line profitability reports (Recruitment, Outsourcing, HR Consulting).

• Track KPIs related to revenue, expenses, margins, and operational performance.

• Prepare weekly financial dashboards for leadership.

7. General Duties

• Coordinate with internal departments to support financial needs and operational costs.

• Assist in evaluating new contracts and pricing from a financial perspective.

• Ensure strong internal controls to safeguard company assets.

Reuired Financial Reports: 

• Monthly Profit & Loss (P&L Report)

• Monthly Balance Sheet

• Cash Flow Statement (weekly + monthly)

• AR Aging Report

• AP Aging Report

• Bank Reconciliation Statement

• Payroll Sheets & Statutory Deductions Report

• Cost Center Profitability Report

• Service-Line Profitability Report

• Budget vs. Actual Variance Report