Chief Accountant
2 weeks ago
Financial Management:
- Oversee the day-to-day accounting operations including accounts payable, accounts receivable, general ledger, and payroll.
- Ensure accurate financial recordkeeping and reporting in compliance with local and international accounting standards (e.g. IFRS).
- Prepare monthly, quarterly, and annual financial statements and reports ensuring accuracy and timely submission to senior management.
- Manage the company's cash flow overseeing accounts transactions and forecasting future financial needs.
Budgeting & Forecasting:
- Lead the budgeting process working closely with department heads to ensure alignment with the company's financial goals.
- Develop and monitor financial forecasts providing insights into potential risks and opportunities for financial optimization.
Cost Control & Profitability Analysis:
- Analyse cost structures related to building materials, procurement, and inventory management to identify opportunities for cost reduction and efficiency improvement.
- Ensure proper cost accounting for building materials projects including inventory valuation and project cost tracking.
Compliance & Internal Controls:
- Ensure compliance with tax laws, local regulations, and international financial reporting standards.
- Oversee internal controls and financial policies ensuring adherence to company procedures and mitigating financial risks.
Team Leadership & Development:
- Supervise and mentor the accounting team providing training and support to enhance team performance and professional development.
Financial Reporting & Analysis:
- Provide detailed financial analysis to senior management offering insights into financial performance trends and forecasts.
- Prepare customized financial reports for key stakeholders and department heads offering actionable recommendations to improve financial outcomes.
Inventory & Project Accounting:
- Ensure accurate accounting for building materials inventory including periodic stock takes and reconciliation of physical counts with financial records.
Taxation & Financial Planning:
- Ensure accurate preparation and timely filing of tax returns including VAT, corporate tax, and any other local taxes.
- Support long-term financial planning and business strategy development by providing financial insights and recommendations.
Requirements:
- Education: Bachelor's degree in Accounting, Finance, or related field (CPA, ACCA, or equivalent professional qualification is a plus).
- Experience: Minimum of 7-10 years of experience in accounting or finance with at least 3-5 years in a managerial role within the building materials or construction industry.
- Industry Knowledge: Strong understanding of accounting principles, cost accounting, and financial analysis specific to the building materials or construction sectors.
- Excellent knowledge of accounting software and ERP systems (e.g. SAP, Oracle, QuickBooks).
- Strong proficiency in Microsoft Excel and financial modelling.
- In-depth understanding of VAT tax compliance and international financial reporting standards (IFRS).
- Ability to lead, mentor, and develop a high-performing team.
- Excellent analytical, organizational, and problem-solving skills.
- Strong attention to detail and ability to work under pressure and meet deadlines.
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