General Accountant - Thales

Location: Cairo, Egypt

In fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.

Thales has built a presence in Egypt for over 40 years and has today over 100 employees. Thales in Egypt is part of our Middle East business that has 1,800 people across Egypt, Iraq, Kuwait, KSA, Lebanon, Oman, Pakistan, Qatar and UAE.Together We delivered fare collection and control and communication systems for the first metro line in Africa, Metro Line 1 in Cairo. Since then we have continued to bring growth and security and safety to the country by upgrading these transportation systems as well as providing solutions for customers in air traffic management, air defence and Navy.

Purpose

The primary responsibility of the Financial Accountant is to oversee the general accounting function in the Finance Department, specifically other payables and receivables (recoveries), intercompany transactions, including accruals and provisions.

Responsibility

Intercompany.

• Ensure all relevant Thales Group Services Agreements (TGS fees) are in place for the financial year.
• Ensure all intragroup billing is in line with agreed terms and highlight allocation key to be reconsidered for billing and budgets.
• Ensure timely and accurate recording of all Thales Group fees, including quarterly DGDI and Regional support fees, DIS shared costs, Corporate cost sharing and THINT fees, etc.
• Ensure accuracy and timely recording / reporting of inter-company PPV management.
• Perform first review of intercompany balance reconciliations performed by Infosys before submission to the on-shore Financial Controller.
• Ensure off-shore payments are supported by required documentation for timely payment
  
  

Prepayments, provisions and accruals.

• Create and reverse SIP, GIP and commission provisions supported by Provision Schedules.
• Ensure proper accounting of prepayments supported by Prepayment Schedules.
• Ensure intercompany and other sundry invoice accruals, and timely reversal thereof from timely follow up on outstanding invoices.
• Ad-hoc cost recoveries.
  
  

Operational Cashflows

• Provide cash out inputs of intercompany and payables for budgets and rolling forecasts and reporting for on-shore cash out consolidation.
  
  

Education Requirement

• Bachelor degree in Accounting Science (BCompt)
  
  

Experience

• Strong commercial and technical accounting experience, preferably with exposure to managing of a full General Ledger accounts.
• South Africa Value Added Tax
• Accounting
  
  

Knowledge

• MS Office (Work and Excel)
• Supplier Accounts Management
• Understanding of ERP Systems
• Insurance Law and Principles
• Foreign currency
• Tax Law and Principles
• Foreign Exchange Law and Principles
  
  

Skills Requirements

• Ability
• Analytical
• Work in pressurized environment
• Attention to detail
• Plan and priorities time
  
  

Interpersonal Skills

• Excellent written and verbal communication
• Team player
• Negotiation
• Drive
• Integrity