Accounting Lead

Responsibilities:
• Responsible for ensuring that general accounting processes and implementations are in adherence to SIEMENS policies and IFRS/EGY GAAP including but not limited to IFRS-15/16 updates.
• Perform/control over accounting functions as assigned including, but not limited for bookkeeping, reconcile and report key Balance Sheet position; e.g. AR/AP, GR/IR, GIT, Advances to Suppliers, Suppliers’ Retention, Advances from Customer and Customers’ Retention.
• Ensure transactions are recorded properly and complied with IFRS/ local laws and taxes, and adequate internal controls are in place and in line with Siemens International Chart of Accounts.
• Reviewing and booking month-end adjustment entries (e.g. accruals/Provisions & building/release entries for related activities).
• Participate in month end closing procedures including coordination with shared services in India & Singapore with Lead Country.
• Participate and support in preparation of needed deliverables as per internal / external audit requirements, as well as respond to raised queries and support in coordination between Business units & external audit teams.