Description : Accounts Payable Officer. Company : Al Ahli Bank of Kuwait - Egypt. Location : القاهرة

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 GL’s.

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.