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Operations

Managed Accounting & Financial Reporting

Audit-ready financial statements, monthly management accounts, and full tax compliance — one team, one operating model.

Fees are confirmed in writing after the consultation.

25+ years CFO-level leadership · 200+ clients · 98% client retention · No lock-in, monthly

Managed Finance Services · Egypt

Accounting, financial statements and tax for Egyptian companies

Monthly books, financial statements under Egyptian Accounting Standards, and tax returns filed on time — run by a specialist team under your full oversight. Rolling monthly agreement, no lock-in.

Fees are confirmed in writing after the consultation.

25+ years CFO-level leadership · 200+ clients · 98% client retention · No lock-in, monthly

Company tax filings · Egypt

Your company's tax and VAT returns — filed on time

We prepare your company's income-tax and VAT returns from up-to-date books and file them on the ETA portal on time. Companies only — we don't handle individual returns.

Fees are confirmed in writing after the consultation.

25+ years CFO-level leadership · 200+ clients · 98% client retention · No lock-in, monthly

Financial statements · Egypt

Financial statements under Egyptian Accounting Standards — ready for your bank and auditor

Balance sheet, annual statements and monthly management reports from well-kept books — delivered on time and certified by an independent auditor.

Fees are confirmed in writing after the consultation.

25+ years CFO-level leadership · 200+ clients · 98% client retention · No lock-in, monthly

Books to certified statements · Egypt

From your books to certified statements — one point of contact

We prepare your books and financial statements; an independent licensed auditor we work with on a standing basis audits and certifies them — as the law and banks require. You deal only with us and receive certified statements ready to submit.

Fees are confirmed in writing after the consultation.

25+ years CFO-level leadership · 200+ clients · 98% client retention · No lock-in, monthly

Operations

Managed accounting (sometimes called outsourced accounting) goes beyond bookkeeping. It is the full operation of your accounting function: month-end close, financial statements under the standards that apply to you (IFRS, SOCPA, EAS), payroll, tax compliance, statutory filings, and the reporting layer your board, bank, and investors actually need.

Managed Accounting & Financial Reporting
What it is

Managed accounting (sometimes called outsourced accounting) goes beyond bookkeeping. It is the full operation of your accounting function: month-end close, financial statements under the standards that apply to you (IFRS, SOCPA, EAS), payroll, tax compliance, statutory filings, and the reporting layer your board, bank, and investors actually need.

Axcell operates this function as a managed service under your direction. You set the policies and approve the numbers. We deliver the operating discipline — the people, the process, the calendar, the controls — that produces clean, on-time financial output every month.

What you get
  • Full-cycle accounting operation — bookkeeping through financial statements
  • Monthly management accounts (P&L, balance sheet, cash flow) within 5–10 working days of month-end
  • Statutory financial statements: IFRS (UAE, SOCPA), IFRS for SMEs, Egyptian Accounting Standards (EAS)
  • VAT registration, filing, and compliance — Saudi 15%, UAE 5%, Egypt 14%
  • Corporate tax compliance — UAE 9% (above AED 375K), Saudi 20% / Zakat 2.5%, Egypt 22.5%
  • Payroll processing, GOSI, MOHRE, social insurance filings
  • Audit preparation and full liaison with external auditors
  • Year-end close package: audit-ready financial statements (certified by an independent licensed auditor we work with), tax computations and supporting workpapers
Who it's for

Businesses with annual revenue between SAR 2M and SAR 50M (or equivalent in AED / EGP) that need professional finance operations but cannot justify a Controller and a team in-house.

Saudi family businesses, Gulf trading and services firms, and Egyptian SMEs facing ZATCA Phase 2, UAE corporate tax, or EAS transition pressure.

Founders raising Series A or later — investors expect monthly management accounts within 10 working days and audit-ready year-end financials.

Scope of work
  • Transition: structured 30-day takeover with no operational interruption
  • Policies: accounting policy manual, chart of accounts, approval matrix — documented and signed off
  • Closing calendar: published, immovable; deliverables tied to specific working days
  • Tax compliance: VAT, corporate tax, withholding tax, transfer pricing documentation
  • Reporting: standard monthly package + custom analyses on request
  • Year-end audit: full schedule preparation and direct auditor liaison
How we work

Your finance system, your data, our discipline. We operate inside your environment using named professionals under NDA + DPA, fully compliant with PDPL / UAE PDPL / Egyptian DPL.

One controller-grade Senior Account Manager leads your engagement, with a delivery team of 2–5 accountants based on volume — supervised by senior accountants and a founder with 25+ years of CFO experience.

Performance is measured monthly: close timeliness, error rate, response time, compliance penalty incidence (target: zero). Quarterly business review with your management.

Engagement model & fees

Monthly retainer fees based on revenue, transaction volume, complexity, and entities. Four tiers — Essentials, Standard, Enterprise, Group.

No lock-in: rolling monthly agreements with quarterly review.

Scope covers bookkeeping, financial statements, tax, payroll and audit support, agreed in writing after a free 30-minute consultation. Where you need certified statements, we arrange certification by the independent licensed auditor we work with; any auditor fee is stated separately in your written proposal — no surprises.

What changes for you in 90 days
  • Monthly management accounts in your inbox within 5–10 working days of month-end
  • Year-end financials audit-ready within 60 days of fiscal year-end
  • Filings submitted on time, every time — no late-filing penalties
  • A finance operating system you can show to a bank, an investor, or a buyer with confidence
  • Your time freed from finance firefighting to focus on running the business
Questions

Common questions about Managed Accounting & Financial Reporting

  • What is the difference between managed accounting and outsourced accounting?

    They are the same service. "Managed" is the newer framing that emphasizes you retain control of policies and approvals; we run the operations. "Outsourced" is the older, widely-searched term. Either way, you get a complete accounting function — month-end close, financial statements, tax compliance, payroll, audit support — without building the team in-house.

  • Can a managed accounting firm sign my statutory audit?

    No. The signing auditor of statutory financial statements must be an independent, licensed audit firm (SOCPA-licensed in Saudi Arabia, registered with the Ministry of Economy in the UAE, EFRA-registered in Egypt). Axcell prepares your audit-ready financials but does not perform statutory audit — that independence requirement is core to the profession. We coordinate directly with your chosen audit firm.

  • Which accounting standards apply in Saudi Arabia, UAE, and Egypt?

    Saudi Arabia: IFRS as adopted by SOCPA for listed and large entities; IFRS for SMEs for smaller entities. UAE: IFRS as endorsed by the Ministry of Economy. Egypt: Egyptian Accounting Standards (EAS), substantially aligned with IFRS but with local modifications. Axcell prepares financials in all three standards depending on the entity's jurisdiction and reporting needs.

  • How do you handle VAT and corporate tax across the three markets?

    Each market has different rates and rules. Saudi Arabia: VAT 15%, corporate tax 20% for foreign-owned + Zakat 2.5% for Saudi-owned. UAE: VAT 5%, corporate tax 9% on profits above AED 375,000 (since June 2023). Egypt: VAT 14%, corporate tax 22.5% standard. Axcell handles registration, filing, and compliance in all three jurisdictions for clients with cross-border operations.

  • How long is a typical managed accounting engagement?

    There is no lock-in: engagements run on rolling monthly agreements that you can pause or end with notice, with quarterly review meetings. Onboarding takes about 30 days, and most clients stay for years because the value compounds once the books are clean and the close calendar runs smoothly.

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Outsourced Accounting Services — Egypt, KSA, UAE — Axcell Business Services