Accounting & Finance Assistant

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

Legal & Compliance

• 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

Requirements

• 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