Accounts Payable Officer at Al Ahli Bank of Kuwait - STJEGYPT
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Work Type : Full Time Experience : 0-3 Years
Gender : male and female Salary: Not mentioned Salary Type : Net Salary Location: Cairo,EG
GENERIC ACCOUNTABILITIES
Divisional strategy: Contribute to divisional strategy through aligning activities with divisional strategy and business plans
Policy & Processes:Define and implement ABK Egypt divisional policies, processes and structures
Corporate governance: Ensure all divisional activities comply with corporate governance & regulatory/legal frameworks
Risk management: Identify, manage, mitigate and report on risk and potential risk in divisional activities
SPECIFIC ACCOUNTABILITIES
Expense Control
Expenses and Expenditures Management through reviewing the effectiveness of expenses incurred, challenging the rates of which items are purchased and ensuring that expenses are within approved budgets.
Assist in purchase acquisition decision making process through the active engagement in procurement committees.
Responsible for managing the requirements of tax authorities and other regulatory bodies in addition to internal control areas ensuring the avoidance of fraud.
Mentoring core related GLs.
Tax Management
Ensure that the Bank is protected from tax claims through the proper deduction and payment of value added tax
Manage the deduction and prompt payment of the withholding tax avoiding any financial penalties
Audit issues:Resolve audit issues to the satisfaction of the auditors through engagement with divisions/functions.