Chief Accountant- Egypt

Location:
New Cairo, Egypt
Business:
Global Shared Services
Position type:
Full Time
Contract type:
Permanent Employee
Job ID:
5636
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Overview

About us

We are the independent expert in assurance and risk management. Driven by our purpose, to safeguard life, property, and the environment, we empower our customers and their stakeholders with facts and reliable insights so that critical decisions can be made with confidence.

As a trusted voice for many of the world’s most successful organizations, we use our knowledge to advance safety and performance, set industry benchmarks, and inspire and invent solutions to tackle global transformations.

About GSS

As the internal support organization for DNV and DNV owned companies, we deliver shared services within Human Resources, Finance, IT and Real Estate & Procurement to DNV globally. Our mission is to enable DNV to grow, succeed with its business goals and improve competitiveness. Customer experience is at the core of everything we do. GSS is responsible for many of the tools, processes and daily routines that create the backbone of DNV. 

About the role

Purpose of the position:

With the purpose of conducting a standardized, high quality and cost-efficient support function, GSS (Global Shared Services) Finance has re-organized its Middle Eastern and Africa operations into a center responsible for defined finance processes and transactional tasks in Pune, India. The Chief Accountant will be based in Cairo, Egypt.

The Chief Accountant oversees, reviews and evaluates the corporate compliance program on the local level, which includes internal control procedures and policies. The Chief Accountant ensures that management and employees comply with local rules and regulations and that corporate and company policies are being followed.

The Chief Accountant is accountable to GSS management, in all compliance matters as listed in the job purpose. Accountability is achieved through providing stewardship on compliance matters for BA (Business Area)/GSS management in the Region.

Work to be performed/major duties:

  • Responsible for all statutory reporting and compliance for the Egyptian legal entities.
  • Drive standardization of accounting processes and recording of transaction in collaboration with the GSS center.
  • Drive standardization of the chart of accounts and cost center structure for the legal entities.
  • Work with Business Controllers and GSS to standardize daily, weekly, monthly and annual reporting.
  • Monitors share capital development and dividends and makes sure that equity rules and dividend payment rules are followed and are legally compliant (eg. thin capitalization rules, limits to dividends, WHT on dividends, dividend reporting).
  • Ensures compliance with Group accounting standards, International Accounting Standards, Statutory and Tax rules.
  • Oversees tax compliance, supports in tax reviews and tax audits, supports in preparation of tax reports and tax calculation for annual group and statutory accounts. Supports preparation of local Transfer Pricing documentation.
  • Oversees compliance to statutory rules, act as the main support in annual audits and preparation of annual statutory accounts and notes.
  • Coordinates and facilitates in Internal Control matters.
  • Prepares companies for Internal Control visits and participates in Group Internal Control visits.
  • Main contact point for general accounting processes and group reporting, which includes providing input to specific accruals and provisions, Intercompany invoicing, investments and asset reviews, revenue recognition and questions on non-standard or complex journal entries.
  • Take active steps to reconcile and pay all Intercompany balances in line with GSS Finance goals and KPI’s, taking into account local exchange control regulations.
  • Acts as main contact point towards auditors and outsourcing partners including tax advisors and local accounting service providers.
  • Perform Cash management tasks for the legal entity including opening Group Treasury-approved bank accounts, closing previous bank accounts and ensuring bank reconciliations are up-to-date. Ensure there are joint bank signatories for each bank account.
  • Support key strategic projects

What we offer
  • Flexible work arrangements for better work-life balance 
  • Generous Paid Leaves (Annual, Sick, Compassionate, Local Public, Marriage, Maternity, Paternity, Medical leave, Household Moving, Hajj Leave, Exam leave, Omra Leave, Unpaid leave­)
  • Medical benefits (Health Check)
  • Pension and Insurance Policies (Medical Insurance, Life and Accident Insurance, End of service benefits, Social Insurance)
  • Additional Benefits (Long Service Awards, Mobile Phone Reimbursement, Professional Membership Fees, Relocation Allowance)

*Benefits may vary based on position, tenure/contract/grade level*

DNV is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without regard to gender, religion, race, national or ethnic origin, cultural background, social group, disability, sexual orientation, gender identity, marital status, age or political opinion. Diversity is fundamental to our culture and we invite you to be part of this diversity.

About you
  • Bachelor's or Master's degree in Finance
  • Certified accountant.
  • 10+ years of experience in Finance and accounting department
  • Experience in managing internal and external audits
  • Experience working in Oracle is an advantage.
  • Working knowledge of BlackLine or any other reconciliation tools
  • Exposure to Microsoft 365 applications.
  • Fluent in English and Arabic - written and verbal communication skills
Security and compliance with statutory requirements in the countries in which we operate is essential for DNV. Background checks will be conducted on all final candidates as part of the offer process, in accordance with applicable country-specific laws and practices.

Benefits

Please note, benefits may depend on your contract type, please confirm with your recruiter.

Profit Share

You’ll be part of our global profit share scheme that means we all share in our success as a business. If we profit, so do you. This will be part of our Total Compensation approach each year and depends on our year-end results.

Insurance

Taking care of you with travel, life, and accident insurance.

Pension Schemes

We care about your long-term financial security and prioritize pension and retirement benefits to reflect our caring values.

Professional Development

We believe in the 70/20/10 learning model, where 70% of your learning comes from performing your everyday tasks and working on different projects, new areas and initiatives to gain new skills. 20% from working with others and mentoring and the rest from formal education.

Hybrid Working

Adapting to the changing world of work around the world.

Purpose-led organization

You become part of a world-leading company where we know and live our purpose; to safeguard life, property, and the environment, with the opportunity to tackle global change through your work.

Supportive and caring culture

We offer opportunities to connect through social and professional networks. Our largest community CONNECT, organizes after-work events and informal meetings throughout the year.

Attractive rewards

We focus on work/life balance and offer employees flexible working hours and workplace, annual vacation allowance, competitive pension, insurance, and a global profit share scheme.

Diversity, Equity and Inclusion

At DNV, our commitment to Diversity, Equity, and Inclusion is not only an ethical choice, but also a business decision.

Diversity, fairness, and a sense of belonging are a source of strength for our people, our business, and our customers, and help us to deliver on our purpose, vision, and values.

Learn more

Working here

Since 1864 we’ve been dedicated to safeguarding life, property and the environment. Today we remain at the forefront of new technologies and techniques to help our customers transform for a more sustainable future.

At DNV you can expect to deliver career and industry defining work. You’ll be given the time to build your network, the resources to support your development, and the freedom to satisfy your curiosity and desire to learn.

Learn more

Application Process

FAQs

Welcome to our Frequently Asked Questions page. We’ve put together answers to the questions we’re asked most often to help you find the information you need quickly and easily. Whether you're curious about our recruitment process, benefits or career growth and development, you should find the information below.

How can I find job openings that fit my skills and interests?

Explore our official job search page where you can use filters such as job type, location, and department to find roles that best match your qualifications and career aspirations.

What’s your application process like?

You can apply directly through our careers page by submitting your CV and any other documents we require (i.e. university diplomas/transcripts; visas; previous employment reference letters). Make sure your application is fully completed, and you tailor it to the specific job listing. 

Is your recruitment process designed to be inclusive and accessible?

Yes, it is. We're an equal opportunities employer and welcome applications from all candidates. We’re happy to support your need for any adjustments during the application and hiring process. Share the details of what you need within your application.

What types of interviews might I undergo?

Depending on your role, our interview process may include initial phone screenings, video conferences, and in-person interviews, focusing on both your technical abilities and our shared values. You can ask your recruiter specifically about the interview process for your role. 

How long does the hiring process typically take from application to decision?

The timeline can vary but we make every effort to reply to each candidate as soon as possible and keep everyone up-to-date with where they are in the recruitment process.

How do I know if a recruitment contact is legitimately from your company?

Official communication will come from our verified company email addresses. Carefully check any suspicious looking emails and if you have any doubts, don’t engage.

Are there any fees involved in your recruitment process?

No, we do not charge any fees at any stage of our recruitment process. All applications and interviews are free of charge, we will never ask you to pay any fees or make any payments – please be wary of any requests for payment as these are likely scams.

What should I do if I suspect a job scam?

If you encounter suspicious job postings or recruitment practices, do not provide personal information and contact your recruiter as soon as possible. We take these matters seriously. We will never ask you to pay any fees or make any payments part of our recruitment process.

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Disclaimer

Please beware of recruitment scams that pretend to be from DNV or its employees. We will never ask you to pay any fees or make any payments as part of our recruitment process.