Description : Accounting & Finance Assistant. Company : BECO Capital. Location : القاهرة
BECO Capital is a UAE-based early-stage VC fund and the largest non-government VC in the MENA. BECO has $485M AUM across 4 vintages and is growing exponentially to build a platform that invests in cutting edge tech globally. We're a team of entrepreneurial digital natives and have invested in 55+ startups across a wide range of sectors, including the region's biggest success stories.
This Accounting & Finance Assistant role is a remote role, based in Egypt, and is a key position at BECO Capital and works closely with our finance and HR teams. The main responsibilities for this role are listed below.
Finance
- Own the invoice tracking and allocation process; streamline tools and processes
- Review monthly operating expenses with ownership of the cost database including monthly accruals and deferrals for accounting purposes
- Review intercompany expenses for correct cost allocation across entities and related accounting entries
- Prepare and book key accounting entries including bank journals, revenue recognition, payroll/EOS, and fixed asset depreciation in QuickBooks on a monthly basis
- Track and manage trade receivables of fund entities to ensure timely collection
- Support the external auditors on annual audits across legal entities with data and information requests
- Lead quarterly VAT and annual ESR filing in collaboration with external consultants
- Support on capital call preparation for the funds and review of capital distributions of the funds
- Update Finance dashboards in Tableau on a monthly basis
- Prepare monthly balance sheet reconciliation including commentary
- Analyse monthly financials for variance of actuals versus budget
- Own the bi-annual budget for full P&L, Balance Sheet, and Cash Flow planning
- Review quarterly expenses for the funds in collaboration with the fund administrator
- Incorporate new SPVs for the fund and renew existing SPVs on an annual basis
- Provide KYC and AML information to portfolio companies and other stakeholders on an ad-hoc basis
- Manage company's insurance policies and annual renewal process
- 3-5 years of professional work experience in a structured organization.
- Experience in expense management, invoice processing, and financial report preparation
- Experience in handling expenses, payments, vendor invoices, and financial reconciliation.
- Familiarity with VAT, ESR filing, and tax-related responsibilities
- Knowledge of audit procedures and has the ability to provide audit documentation
- Experience working with management infromation systems (Airtable & G-Suite).
- Experience in financial analysis (budget versus actuals)
- Fluent in English (speaking, reading, and writing.
- Strong attention to detail.
- Strong problem solving skills with a "can-do" attitude
- Strong process management skills and the ability to effectively manage and communicate with multiple stakeholders
- Solid understanding of accounting and book-keeping principles
- Strong understanding of and experience in Excel
