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Accountant

payrails

payrails

Accounting & Finance
Cairo Governorate, Egypt
Posted on Feb 4, 2025
The Company

Payrails is an innovative technology company with a team that has many years of experience in the payment industry and a real-life understanding of the merchants’ needs. We have seen the complexity firsthand and we have learnt from all the challenges we've faced. Now we want to help leading technology companies around the world to accept payments and build financial services with minimal upfront investments.

Our vision at Payrails is to reimagine payments. We do this by removing heavy reliance on Engineering efforts using composable building blocks that put the control firmly in the hands of our customers.

We are joined in our mission by top tier investors Andreessen Horowitz and HV Capital alongside a great cast of knowledgeable angel investors to enable us to solve the growing complexity of payments. We believe people thrive the most when they are fully aware of what the business is trying to achieve, why it is important to the market and what challenges lie in the way to reaching our goals. In such an environment we believe people can truly excel, grow and enjoy working together. We try hard to be a company where everyone is inspired and feels a sense of responsibility to do the right thing to help us bring our vision to life. Succeeding with us is about finding solutions to the most pressing problems and executing effectively.
Your Team

At Payrails, Finance is the backbone of our business, ensuring reliability, accuracy, and accountability in everything we do. Our mission is to deliver robust financial processes and insights that empower the company to scale globally while maintaining independence and integrity.

Our Finance team plays a critical role in enabling strategic decision-making, building trust with stakeholders, and ensuring compliance with the highest standards. We are dedicated to creating streamlined and scalable processes that adapt to the needs of a fast-growing, international business.

Joining our Finance team means contributing to a culture that values precision, ownership, and impact. You’ll have the opportunity to tackle complex financial challenges, shape scalable solutions, and ensure the financial foundation for our global success.

What You will be doing
As a General Accountant with Payroll Expertise, you will be responsible for managing day-to-day accounting activities, overseeing payroll processes, and ensuring compliance with Egyptian tax and labor regulations. This role is ideal for someone with a strong accounting background who can handle payroll responsibilities as part of a broader financial scope. Your key responsibilities will be:

General Accounting:
  • Maintain accurate and up-to-date financial records, including journal entries, invoices, and reconciliations.
  • Assist in preparing monthly, quarterly, and annual financial reports for internal and external stakeholders.
  • Support the month-end and year-end closing processes, ensuring accuracy and timeliness.
  • Handle accounts payable and receivable, including monitoring payment schedules and collections.
  • Monitor cash flow and support budgeting and forecasting activities.
  • Roll-out and implementation of an accounting software
Payroll Processing:
  • Prepare and process monthly payroll for employees in Cairo, ensuring accuracy in salary calculations, deductions, and bonuses.
  • Ensure compliance with Egyptian tax, social insurance, and labor laws, preparing and submitting required filings and payments.
  • Maintain detailed payroll records and address employee payroll queries.
  • Collaborate with the People Team and Finance Team to ensure alignment on payroll-related matters.
Compliance & Reporting:
  • Ensure compliance with Egyptian accounting standards, labor laws, and tax regulations.
  • Prepare and submit tax returns, including income tax, value-added tax (VAT), and other statutory filings.
  • Liaise with external auditors, tax authorities, and government agencies as needed.
You'll be great for this role if
  • You have a Bachelor’s degree in Accounting, Finance, or a related field.
  • You have 5+ years of experience in accounting and payroll processing, preferably in Egypt.
  • You have a strong knowledge of Egyptian tax regulations, labor laws, and social insurance requirements.
  • You have proficiency in accounting software (e.g., QuickBooks, SAP, or equivalent) and advanced Excel skills.
  • You have excellent analytical skills and attention to detail.
  • You have strong communication skills in both Arabic and English.
  • You have the ability to work independently and manage multiple priorities in a fast-paced environment.
Why You should join Payrails
  • You can truly create your own path by taking responsibility and implementing your own ideas.
  • We offer a hybrid working environment.
  • You have 27 annual vacation days + 1 day of paid birthday leave for you to have fun and party without any worries!.
  • You will have the opportunity to travel abroad.
  • We get together regularly for team lunches and events.
  • You help us shape the future of payments.
At Payrails, we prioritize a culture of inclusivity and diversity, evaluating candidates solely based on their skills and potential, regardless of age, gender, identity, ethnicity, sexual orientation, disability status, or religion. We welcome applications from individuals of all backgrounds and identities. In line with our commitment to fairness, we kindly request applicants to refrain from including personal details such as a picture, age, or marital status in their CVs.