Deloitte Egypt Risk Advisory (Internal Client Services) Accounting Internship

Cairo, Egypt
Paid
Job details
  • Job type
    Internship
  • Date Posted
    4 weeks ago
  • Experience
    0-1 Year
  • Industry
    Accounting & Auditing
Skills
Suggested Skills
Full job descripton

Launch your corporate finance career with one of the world’s most prestigious professional services firms. Join the Risk Advisory Internal Client Services team at Deloitte Middle East in Cairo to master General Ledger controlling, month-end closing, and corporate tax compliance.

Core Responsibilities

  • GL Controlling & Bookkeeping: Take overall responsibility for meticulous bookkeeping and General Ledger (GL) controlling within a fast-paced professional services environment.

  • Daily Transaction Review: Prepare, review, and independently manage day-to-day accounting entries including AR (Accounts Receivable), AP (Accounts Payable), BPV, BRV, Intercompany (IC), and JVs.

  • Month-End & Reconciliation Execution: Independently manage the rigorous month-end financial closing process and assist in the preparation of various monthly schedules and financial reconciliations.

  • Tax Compliance & Returns: Prepare and submit critical monthly VAT and Withholding Tax (WHT) returns, and assist senior managers in comprehensive corporate tax return preparations.

  • Revenue Recognition & Audit Support: Apply the “Percentage of Completion Method” for accurate revenue recognition accounting and independently manage interactions with external and internal auditors.

Required Qualifications

  • Academic Standing: Must hold a recognized University degree specifically in Accounting from a reputable institution.

  • Experience Level: Exclusively open to highly motivated fresh graduates (0 years) up to junior accountants with a maximum of 1 year of relevant accounting experience.

  • Linguistic Capabilities: Absolute fluency in both Arabic and English (written and spoken) is a strict mandatory requirement.

  • Technical Proficiency: Must be highly proficient in the MS Office suite, demonstrating advanced operational capability specifically in Microsoft Excel.

  • Behavioral Competencies: Exhibit an exceptional self-starter attitude, the ability to handle multiple priorities in a deadline-oriented environment, and the flexibility to adapt to dynamic work hours.

Technical Edge: Why Revenue Recognition & VAT Compliance matters at Deloitte?

Working in the Risk Advisory division of a “Big Four” accounting firm like Deloitte requires an absolute mastery of complex financial reporting standards. The job description explicitly highlights understanding the “Percentage of Completion Method” of Revenue Recognition. For a professional services firm that executes massive, multi-month consulting contracts, revenue cannot be recognized all at once. An accountant must use Excel to calculate exactly what percentage of the project is completed each month and accrue the revenue accordingly to comply with IFRS 15. Furthermore, managing the precise calculation and submission of monthly VAT and Withholding Tax (WHT) ensures the firm maintains strict legal compliance, preventing severe regulatory penalties and safeguarding Deloitte’s prestigious market integrity.

Recru Eg Golden Advice for the Interview

When interviewing for this Accounting Internship at Deloitte, the hiring partners will rigorously test your technical accounting logic, not just your bookkeeping speed. Do not give generic answers about “being organized.” You must demonstrate an understanding of the Month-End Closing Process and Accrual Accounting. If asked how you would handle an Intercompany (IC) transaction or a pending vendor invoice at the end of the month, explicitly state your journal entries. Tell the interviewer: “If I am managing the month-end close and notice a service was provided but the invoice is missing, I will immediately calculate the exact cost and record an Accrued Expense Journal Entry (Debit Expense, Credit Accrued Liabilities) to ensure the General Ledger is perfectly aligned with the matching principle before the auditors review the file.” Proving your technical proficiency in GAAP/IFRS principles will instantly secure your acceptance.

Frequently Asked Questions (FAQ)

Q: Who is eligible to apply for this Deloitte Accounting Internship?
A: This internship is explicitly targeted at fresh graduates with a university degree in Accounting from a reputable university, holding 0 to 1 year of relevant financial experience.

Q: Where is this Risk Advisory accounting position located?
A: This specific internship position within the Middle East Risk Internal Client Services team is based on-site in Cairo, Egypt (or Amman, Jordan).

Q: What specific accounting methods will I learn and execute during this internship?
A: You will gain intensive, hands-on experience independently managing month-end closing, processing AP/AR/JVs, executing VAT and Withholding Tax returns, and practically applying the “Percentage of Completion Method” for revenue recognition.

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