The Chief Accountant is responsible for managing the overall accounting operations of the organization, ensuring accurate financial reporting, regulatory compliance, internal control systems, and efficient financial management. The role supervises the accounting team and ensures timely preparation of financial statements and reports.
Key Responsibilities
1. Financial Reporting
- Prepare monthly, quarterly, and annual financial statements.
- Ensure timely month-end and year-end closing.
- Prepare Profit & Loss, Balance Sheet, and Cash Flow Statements.
- Analyze financial data and present reports to management.
- Ensure compliance with IFRS and local statutory requirements.
2. Accounting Operations
- Oversee general ledger, accounts payable, accounts receivable, and payroll.
- Review journal entries, reconciliations, and financial transactions.
- Monitor fixed assets register and depreciation schedules.
- Ensure accurate recording of all financial transactions.
3. Budgeting & Cost Control
- Assist in preparing annual budgets and forecasts.
- Monitor budget performance and highlight variances.
- Support cost control initiatives and financial planning.
4. Audit & Compliance
- Coordinate internal and external audits.
- Ensure compliance with tax laws, VAT regulations, and government requirements.
- Maintain strong internal controls and accounting policies.
- Prepare audit schedules and documentation.
5. Cash Flow Management
- Monitor daily cash flow and liquidity position.
- Manage banking transactions and reconciliations.
- Ensure proper fund allocation and financial stability.
6. Team Supervision
- Supervise and guide accounting staff.
- Assign duties and monitor performance.
- Provide training and ensure adherence to financial procedures.
Qualifications
- Bachelor’s Degree in Accounting, Finance, or related field.
- Professional certification (CPA / ACCA / CMA) preferred.
- Minimum 8–12 years of accounting experience.
- At least 3–5 years in a supervisory or managerial role.
- Strong knowledge of IFRS, taxation, and VAT regulations.
- Proficiency in ERP systems and advanced MS Excel.
- Age between 40–45 years.
Job Types: Full-time, Permanent