Title:  Accountant

What will you be doing?

Subsea7 is seeking a skilled and reliable Accountant to join our Cairo team on a 12 months contract. This role is critical in supporting our finance operations, ensuring compliance, accuracy, and timely execution of financial tasks. 

Contract duration: 12 months. 

• Review and check outstanding vendor invoices and follow up with other team members (AP / SCM / Treasury) for posting the invoices and releasing payments on due dates.
• Raise payment requests for settling governmental payments on time (Salary tax, WHT, Social insurance, contractors’ social insurance, GAFI claims, employees’ expense claims, …).
• Review and approve banking details for new vendors’ registrations on SAP Ariba by performing vendor callbacks for verifying bank accounts.
• Perform necessary month close journal entries (Accruals, amortizations, adjustments, projects recharges, …).
• Perform BS GL clearing of open items monthly.
• Actively contribute the monthly forecasting and annual budgeting preparation and submission process.
• Review and submit WHT returns (form 41 – Local vendors) before submitting to PwC for tax portal’s submission and raise the tax payment request.   
• Review and submit WHT returns (form 11 – Foreign vendors) before submitting to PwC for tax portal’s submission and raise the tax payment request.   
• Reconciliation of petty cash monthly.
• Responsible for gathering requested and key information in the audit process with external/internal/Tax auditors, taking part as required in external audits and tax audits samples and submit audit requests.
• Provide monthly employees’ benefits to HR team for calculating the corresponding PIT as per agreed timelines.
• Act as ‘tax expert’ in SAP to apply the appropriate WHT code for all vendor invoices.
• Review the weekly PPL spooled by Ap/Treasury to ensure correct WHT deduction and double check invoices selected for payment.
• Reply to vendors’ inquiries on payment due dates and provide feedback to vendors on incorrect invoices submitted.
• Confirm that manual invoices submitted in SAP for payment also have the corresponding e-invoice submitted by vendors on tax portal.
• Prepare and submit VAT exemptions letters to GAFI, answer GAFI’s inquiries on the letters, archive the exemptions and contact vendors for collection.
• Contribute to the preparation of the quarterly WHT return (form 41 – Local vendors) before submitting to PwC for tax portal’s submission and raise the tax payment request. 
• Contribute to the preparation of the monthly WHT return (form 11 – Foreign vendors) before submitting to PwC for tax portal’s submission and raise the tax payment request.   

Stakeholders

External

• GAFI finance department
• Subsea 7 Projects Clients' finances
• Tax and insurance advisers
• External auditors

Internal

• Project managers
• FRC (Treasury Department)
• Country manager
• Budget holders

What experience would we like you to have?

Qualifications

• Bachelor Degree in Finance or other relevant education.
• Minimum 5 years of experience in a similar role.
• Working knowledge of Microsoft office with an emphasis on proficient/minimum intermediate working knowledge of excel.
• Ability to communicate effectively and articulately at all levels, demonstrating enhanced analytical skills and effective forward planning.
• Experience of SAP systems (ideally S4 Hana).
• Demonstrated ability to work independently with limited supervision carrying out the above resposibilities. 
• Experience with managing non routine assignments and situations demonstrating effective problem solving and sound technical judgement with internal and external stakeholders. 
• Proven working experience applying accounting and finance concepts, policies and principles insuring compliance with internal and legal regulation and matrices. 

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