Chief Accountant

The Role

Chief Accountant plays a key role in supporting the business on day-to-day operations of the finance department, including reporting, forecasting, budget preparation, and month-end closing. This position requires a highly skilled and organized professional with a deep understanding of accounting principles, financial analysis, and regulatory compliance.

Key Responsibilities

• Daily Operations:
• Handle day-to-day accounting operations, ensuring accuracy and compliance with financial regulations and company policies
• Managing the Accounts payable function ensuring timely booking and payment of suppliers.
• Maintain Accounts Receivable function including A/R aging reports to track the status of outstanding invoices and follow up.
• Perform account reconciliations and ensure integrity of GL vs. Sub ledger.
• Provide financial reports and analysis to line manager and stakeholders, assisting in decision-making.
• Collaborate with other departments to provide financial insights and support for various projects and initiatives.
• Perform ad-hoc financial analysis and special projects as assigned by management.
• Month-End Closing:
• Participate in month-end and year-end closing processes, ensuring all financial transactions are properly recorded and reconciled.
• Prepare journal entries, review accruals, and conduct financial analysis to validate the accuracy of financial statements.
• Manage the company’s end-to-end accounting books (record to report cycle)
• Team Supervision:
• Supervise and mentor a team of accountants, providing guidance, training and support in daily tasks and professional development.
• Foster a collaborative and high-performance work environment.
• Financial Reporting:
• Prepare accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial statements.
• Ensure compliance with accounting standards (e.g., GAAP, IFRS) and company policies.
• Driving/owning and automating several aspects of management reporting, weekly/daily operational reporting, making sure that there is alignment and consistency in outputs and conclusions.
• Assist in monthly analysis of contribution margin, breakeven analysis, Cost-volume Profit analysis and other KPIs.
• Ensure adequate accurate maintenance of the Fixed Asset and other financial registries

• Forecasting and Budgeting:
• Participate in the preparation of annual budgets and quarterly forecasts, collaborating with department heads to gather relevant data.
• Monitor budget/forecast performance, identify variances, and recommend corrective actions as needed.
• Compliance and Audit:
• Ensure compliance with tax regulations, accounting standards, and other financial laws.
• Prepare for and facilitate internal and external audits, responding to audit inquiries and implementing recommendations.

In addition to the tasks described above, the job holder may be required to carry out other duties as may reasonably be required from time to time.

Qualifications & experience

• Bachelor’s degree in Accounting/Finance. Preferably with professional qualification.

• At least 5+ years of working experience in similar role.

• Excellent analytical, problem-solving, and communication skills.

• Strong knowledge of accounting principles, financial reporting, and tax regulations.

• Excellent in Microsoft Excel, Power Point, and other financial reporting software applications.

• Proficient in manipulating and managing large data sets.

• Ability to handle multiple tasks simultaneously.

• Attention to detail and the ability to meet deadlines in a fast-paced environment.

• Strong leadership and team management skills.

• Strong ethics and integrity in handling sensitive financial information.