Orascom Development Careers | Cost Accountant

Orascom Development Careers | Cost Accountant

About this Company

Orascom Development is a leading developer of fully integrated destinations that include hotels, private villas and apartments, leisure facilities such as golf courses, marinas and supporting infrastructure.

Duties and Responsibilities

  • Monitoring & controlling through diverse analysis (Investigate irregular balances).
  • Reconcile intercompany balances with confirmations received, approve bank reconciliations, follow up discrepancies.
  • Ensure proper application of company’s policy, in alignment with IFRS and local GAAP.
  • Reporting (financial package report, cockpit, FS,KPIs, etc.).
  • Book statistical JVs Cash flow and Sales KPIS.
  • Coordinate with Auditors and tax authorities, reply their requests /queries till issuance of FSs (incl. subsequent formal doc. e.g. BoD.
  • Ensure existence or initiate an MOU/contract/ quotations with Construction & Project Mgmt. Depts. covering the sold unit(s) to start const.
  • Review, in coordination with Project Mgmt. dept., the “Construction Progress Reports” (abstract and sub contractor invoices incl. % of completion) considering revenue targets & handover commitments.
  • Ensure matching of revenue & cost, reasonableness of values.
  • Review proper recording and allocation of construction & infra. costs/ WIP of units and extra works; according to internal policies in alignment with relevant IFRS & local GAAP; after revising the relevant documents.
  • Review proper recording & allocation of other COGS ( e.g Design, commissions, golf, land, etc.)

Job Requirements

  • Bachelor's Degree in Accounting.
  • Minimum 1-3 Years of Experience in a similar role.
  • Good Command in English.
  • Excellent Excel skills.

Job Details

Company: Orascom Development
Employment Type: Full-time
Location:  Cairo, Egypt