Chief Accountant

Job Description| Chief Accountant

**Position**:Chief Accountant **Position Code**:
**Job Summary**

Supervise, monitor and execute all financial activities, implement continuous improvement procedures, policies and regulations in the department involving budget, accounting, and finance, in addition to monitor and provide the needed financial analysis support to company functions according to the applied policies and procedures.

**Job Duties**
- Perform the assigned duties as per the set policies and procedures in order to achieve the department goals.
- Assist in preparing the annual department plan to support the overall strategic objectives of the company.
- Manage and lead the department team to execute the assigned tasks and to achieve the set goals.
- Manage and follow-up all the company's related financial activities.
- Assist in managing the department budget guidelines to optimize company cash flow.
- Facilitate the annual audit activities with auditors by coordinating provision of information required, clarifications required, etc. to ensure that the year-end audit package is accurate.
- Liaise with auditors to ensure annual monitoring is carried out on time and facilitate any needed information to complete the financial audits.
- Propose financial strategies with emphasis on contractual obligations, financial management and systems; formulate strategic and long-term business plans.
- Monitor and manage cash flow and plan payments.
- Communicate with key clients, suppliers, financial institutions and resolve any financial issues.
- Review and advise on monthly and yearly financial reports and income statements, balance sheets, internal audit, cash flow projections and other related reports to ensure budgetary compliance.
- Prepare annual budget and schedule expenditures to ensure matching with the financial objectives.

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Job Description| Chief Accountant
- Establish and implement controls to make sure that company resources are safe and at best financial use, evaluate overall financial results in terms of turnover, profit and share of market volume.
- Keep well-informed and up to date of changes in financial regulations and legislation.
- Verify accuracy and compliance with the established rules and financing principles and ensure that all entries are supported with valid documentation.
- Ensure reconciliation is performed monthly, quarterly, and at year-end closing.
- Monitor the status of pending critical payments and carry out the required action to reduce delays affecting operations.
- Assist in monitoring timely payment activities and ensure that all the payments are properly authorized.
- Assist in managing fixed assets transactions including additions, retirements, and depreciations and maintain updated fixed assets master record.
- Review letter of credit and online banking transactions.
- Ensure period-end and year-end closing and prepare periodic financial statements and reports.
- Perform any other tasks related to the job assigned by the direct manager.

**Minimum Requirements**

Minimum Education : Bachelor’s degree in Finance, Accounting or any related field

Minimum Experience : 6-8 years of experience in a related field

Training and Certifications : Any related training

Languages : English, Arabic

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Job Description| Chief Accountant

**Job Specifications**

Behavioral Competencies Technical Competencies
- Ability to manage multiple tasks, organize priorities, and meet deadlines
- Knowledge in ERP system
- Attention to details
- Ability to prepare and analyze financial reports
- Time management.
- Knowledge in Microsoft Office
- Analytical and problem-solving skills
- Knowledge budgeting
- Follow up and monitoring skills
- Performance & proficiency management
- Problem solving skills

**Communication**

Internal External
- Banks
- All Departments
- Suppliers
- Clients
- Auditors

Agreed by:
Employee’s Name: Employee’s Signature: Date:
(The employee’s signature on a copy of the Job Description signifies that it has been discussed with the employee, who has had the opportunity to read it. Accordingly, the job description will be used in assessing the employee’s job performance).

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