Job Summary
The Chief Accountant manages the accounting functions within an organization, ensuring accuracy, integrity, and compliance with accounting standards and regulatory requirements. They are responsible for supervising the accounting team, providing guidance, training, and support to ensure accurate and timely financial reporting. Additionally, the Chief Accountant plays a key role in developing and implementing accounting policies, procedures, and controls to safeguard assets and mitigate financial risks. They also manage relationships with external stakeholders, such as auditors, tax authorities, and regulatory bodies, to ensure compliance with audit requirements and regulatory standards.
Job Responsibilities
- Oversee and manage the accounting department, ensuring accurate and timely recording of financial transactions in compliance with accounting standards and regulations.
- Supervise and provide leadership to accounting staff, including hiring, training, and performance evaluation.
- Develop and implement accounting policies, procedures, and controls to ensure the integrity of financial data and safeguard Company assets.
- Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
- Manage the month‑end and year‑end closing processes, including reconciliations, accruals, and adjustments.
- Coordinate and liaise with external auditors, tax authorities, and regulatory agencies to facilitate audits, reviews, and compliance.
- Provide financial analysis and insights to senior management, including variance analysis, trend analysis, and key performance indicators.
- Monitor and analyze financial performance, identifying areas for improvement and making recommendations for cost reduction, revenue enhancement, and operational efficiency.
- Develop and maintain relationships with internal stakeholders, such as department heads and business unit leaders, to provide financial guidance, support, and expertise.
- Stay abreast of changes in accounting standards, regulations, and industry trends, and ensure compliance and alignment with best practices in accounting and financial reporting.
- Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies.
Job Knowledge & Skills
Extensive knowledge of accounting principles, financial reporting standards, and regulatory requirements.Strong leadership and team management skills.Proficiency in accounting software and ERP systems.Excellent analytical skills for interpreting financial data, conducting variance analysis, and identifying trends.Experience in financial statement preparation, budgeting, and forecasting.ERP knowledge, preferably SAP functional skills, are a requirement to be successful in this role.Job Experience
Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year(s) GCC is a plus
Competencies
ResilienceQualityLeadershipFinancial Leadership L3Accounting Methods L3Reconciliation L3Financial Reporting L3AgilityPayroll & Benefits Administration L3Education
Bachelor's Degree in AccountingProfessional Qualification in Certified Public Accountant (CPA)#J-18808-Ljbffr