Accounts Payable Accountant

About Us:

MBC Group is the largest owner and operator of satellite TV and radio networks, VOD, and digital services, based in Diplomatic Quarter, Riyadh. It broadcasts a portfolio of Arabic and Western entertainment channels as well as managing the Al Arabiya news channel. In addition, MBC Group owns and operates Shahid: the world’s leading Arabic VOD and SVOD streaming platform by MBC GROUP, offering premium content to families, including binge worthy exclusive Shahid Original Series; Shahid Premieres; Arabic movies fresh off the box-office; live TV channels in true HD quality

Responsibilities:

• Reviews and records petty cash documentation, fund settlements, production expenses, freelancer payments, and goods & services supplier transactions.
• Prepares transfers and/or cheque payment requests for goods & services suppliers.
• Follows up on advances and ensures their timely settlement.
• Amortizes prepayments.
• Runs aging analysis reports for advances and suppliers.
• Processes payroll-related invoices, including payroll settlements, salaries tax, social insurance, and the labor emergency fund.
• Reconciles the cash safe with the general ledger account on a monthly basis.
• Records incoming transfers, interbank transactions, and bank charges in the AR module.
• Prepares transfers and/or cheque payment requests for freelancers.
• Records cash voucher payments and fund disbursements.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–5 years of experience in accounting, finance operations, or accounts payable.
• Strong knowledge of Egyptian Accounting Standards (EAS) and familiarity with IFRS.
• Experience handling payroll processes in Egypt , including salaries tax, social insurance, and the Labor Emergency Fund.
• Hands-on experience with ERP/accounting systems, Oracle Fusion is a PLUS.
• Proficiency in Microsoft Excel and other MS Office tools.
• Solid understanding of petty cash, advances, supplier payments, and bank reconciliations.
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Ability to work under pressure and meet tight deadlines.
• Good communication skills and ability to collaborate across departments.

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