JOB PURPOSE

We are seeking a detail-oriented and experienced Head of Accounting to join our team. The successful candidate will be responsible for handling all operations of centralized accounting. This role requires excellent management skills, a keen eye for detail, and the ability to work under tight deadlines.

RESPONSIBILITIES

Financial Management

• Ensure compliance with International Financial Reporting Standards (IFRS) and Company Policies.
• Conducting a thorough review of financial statements and reports to identify any discrepancies and errors before closing month-end books
• Review and approval of month-end adjustment entries required by Management.
• Collaborating with cross-functional teams to ensure that all financial information is accurately captured and reported.
• Quarterly review and validation of balance sheet reconciliation schedules.
• Building and maintaining relationships with financial institutions to access banking services, negotiate favorable terms in relation to accounts payables
• Validation and approval of all suppliers and/or employee payments prior to submission for further approval by authorized signatories.
• Checking and verification of all petty cash liquidations for corporate departments.
• Checking and verification of all cash advances and refunds
• Verify all bank account reconciliations monthly
• Address issued raised by management and operations daily
• Review IFRS 9 calculations on a quarterly basis
• Review IFRS 16 calculations on a yearly basis
• Review interest on working capital calculations

Audit Coordination

• Preparation of Financial Statements and schedules as required by the auditors.
• Facilitate and manage the year-end audit process in collaboration with external auditors.
• Serve as the primary liaison between the Jaidah Group and the audit team.
• Supervising the annual ICV certification process and guaranteeing the certificate’s renewal before it expires.

Tax Compliance

• Ensure timely and accurate tax filings, including income tax, withholding tax, contract reporting and other regulatory requirements.
• Coordinate with external tax consultants in the event of a tax assessment.

Team Management

• Supervise and mentor a team of accounting staff, including Accounts Payable, Accounts Receivable, Banking, General Ledger and Taxation personnel.
• Supervise the cashiers across group companies
• Ability to guide the team, delegate tasks and provide performance feedback.
• Ability to manage a large team of multiple nationalities

Process Improvement

• Continuously assess and improve accounting processes and procedures to enhance efficiency and accuracy.
• Leading efforts to automate recurring processes and drive innovation in systems.
• Develop policies and procedures for the implementation of accounting and cash management best practices.

SKILLS

• Solid understanding and knowledge of International Financial Reporting Standards (IFRS) and Accounting Principles
• Proficiency in SAP system (Financial Accounting Module)
• Excellent analytical and problem-solving skills
• Effective leadership abilities (prior experience in managing a team of not less than 5 individuals)
• Assertive demeanor with the ability to mediate disputes and engage with senior Management
• Strong written and verbal communication skills to convey financial information effectively to both financial and non-financial stakeholders
• Detail-oriented and organized
• Ability to thrive in a fast-paced and dynamic environment
• High ethical standards and a commitment to maintaining the confidentiality and integrity of financial data

EXPERIENCE

• Experienced Audit Manager at any Big Four Audit Firm for 5 years
• Or having at least 5 years of experience in a large organization as Group Accounting Manager, Finance Manager or Financial Controller (Desirable)
• Experience in Qatar or the GCC region is preferred

EDUCATION

BS/MA degree in Finance or Accounting. CPA / CFA / CA / ACCA certification is a must.