Chief Accountant

Job Description : CHIEF ACCOUNTANT BAHRAIN The incumbent is the principal financial advisor to the Managing Director who reviews financial systems. As well as procedures and internal controls to ensure they meet the needs of the organization, flagging any concerns and making recommendations for improvement. Leads the financial management of the organization and reporting, including monitoring cash flow, managing expenditure, and ensuring correct allocation of income and expenditure. Works independently to ensure that all accounting, reporting and financial systems are properly structure and are managed in an efficient and timely manner. STRATEGIC · Supervise and audit all payables and receivables accounting functions ensuring correct account and output distribution and ensures all support documentation is accurate and in order. · Develop, interpret, implement and co-ordinate internal financial, accounting, billing and auditing procedures. · Prepare and review financial statements, financial reports, special analysed and information reports which summarize and forecast the organizations activity and financial position in areas of income, expenses, cash flow and projected expenditure, etc. · Provide management with timely reviews of the organizations financial status and progress in its various outputs. · Ensure proper preparation, assistance and resolution, if necessary, for audits and takes appropriate actions to address audit findings and recommendations. · Review financial systems, procedures and internal controls to ensure they comply with organizations requirements. · Oversee payroll, benefit and deduction activities for all staff, ensuring timely and accurate remuneration and the prompt resolution of problems/disputes as necessary. · Ensure complete and up-to-date operating procedures for all accounting and financial controls. · Co-ordinate, plan, organize, prepare and evaluate the organizations annual budget for approval by the Executive Management, · Produce quarterly and annual reports for presentation to the organization, which measure the organization’s performance against the current Performance Agreement stipulated in the organization’s annual budget. · Provide assistance and direction to the KOOHEJI Family entities regarding financial matters. OPERATIONAL · Ensure the monthly reconciliation of all ledgers and sub-ledgers. · Track and monitor revenue for accuracy, verifying it against sub ledger report on a monthly basis. · Ensure that revenue is allocated correctly, taking corrective action where inconsistencies arise. · On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions. · Co-ordinate and prepare annual budgets, including operating and capital expenditures budgets. · Censure the accurate preparation/reporting of monthly financial results in strict accordance with Company deadlines. · Ensure job costing is completed and reported by end of month to Executive Management. · Where required, provide assistance/direction to Managers with regards to the preparation of budgets. · Ensure approved capital expenditure budgets are adhered to at all times. · Ensure any variations to budgets and forecasts are explained in management reports, including any future/potential exposures to the organization. · Collate all relevant information to produce end of year statutory accounts for the company. · Ensure all company assets are monitored and accurately accounted for. · Ensure the fixed assets register is managed and maintained with strict adherence to “fixed assets register procedure”. · On a monthly basis ensure the general ledger is reconciled to the assets register. · Provides supervision, work direction and training for financial staff ensuring fulfillment of respective job description requirements. · Monitors and conducts annual performance evaluations (or as needed) to set objectives, priorities, work schedules and processes Desired Candidate Profile · Master’s degree (from an accredited school) in Business, accounting, finance or related · LICENSE(S) AND/OR CERTIFICATION(S) REQUIRED: CA or CPA · Must have at least 08 – 12 years senior accounting experience incorporating analysis and problem solving principles with a medium to larger organization. · Civil industry experience would be an advantage as is previous experience working in a family business environment. · A hands-on position that requires working knowledge of accounting disciplines such as financial accounting, compliance reporting and budget preparation as well as systems development and improvement is essential. · Critical to the position is strong interpersonal skills and effective communication both verbal and written. · The ability to lead a small team to achieve department and business finance demands is fundamental as is understanding protocol when interacting with management together with maintaining a high degree of sensitivity and confidentiality · Skilled at using software packages (including WORD, EXCEL, Powerpoint) for financial analysis and presentation. Experience with financial database preferred

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