1. General Ledger Management

Journal Entries: Overseeing the preparation and approval of journal entries to ensure all financial transactions are properly recorded in the general ledger.

Account Reconciliation: Ensuring that balance sheet accounts are reconciled monthly to verify the accuracy of financial records.

Closing Process: Managing month-end and year-end close processes, ensuring all transactions are recorded in the proper period.

Adjustments: Making necessary accounting adjustments (accruals, deferrals, etc.) to reflect accurate financial positions.

2. Financial Reporting

Internal Financial Reports: Prepare monthly, quarterly, and annual financial statements (income statement, balance sheet, cash flow statement) in compliance with relevant accounting standards (e.g., GAAP or IFRS).

Variance Analysis: Analyzing financial variances between actual and budgeted performance and explaining any discrepancies.

Forecasting: Collaborating with other departments to forecast future financial performance and adjusting financial records accordingly.

3. Compliance and Control

Accounting Policies: Ensuring adherence to internal controls and accounting policies and procedures to prevent errors or fraud.

Audit Coordination: Managing and facilitating internal and external audits, preparing necessary documentation, and implementing any required audit findings.

Regulatory Compliance: Ensuring that financial practices and reports comply with relevant tax laws, financial regulations, and industry standards.

4. Financial Analysis and Advice

Performance Metrics: Analyzing financial performance indicators such as profitability, liquidity, and solvency, and providing insights for management decision-making.

Cost Management: Tracking and reporting on cost control, working closely with departments to ensure budget compliance and cost savings where possible.

Asset Management: Monitoring and managing the depreciation of assets and ensuring they are properly accounted for in the general ledger.

5. System Maintenance and Improvement

GL Software Systems: Ensuring the integrity and functionality of the GL system (e.g., SAP, Oracle, etc.), which may include troubleshooting, upgrades, and data management.

Process Improvement: Identifying inefficiencies in financial operations and implementing solutions to streamline processes and improve accuracy and speed.

6. Team Management and Coordination

Supervision: Leading and supervising junior accountants and accounting staff, providing guidance and support in performing their duties.

Training: Ensuring the accounting team is well-trained in the latest accounting standards, software systems, and organizational policies.

Collaboration: Working closely with other departments (e.g., tax, procurement, treasury, and budgeting teams) to ensure proper alignment and the accurate flow of financial data.

7. Cash Flow Management

Cash Flow Monitoring: Ensuring proper tracking of cash movements and assisting in maintaining healthy cash flow.

Liquidity Management: Ensuring that the company has enough liquidity to meet its obligations by tracking incoming and outgoing payments.

8. Taxation and Reporting

Tax Preparation: Overseeing tax-related accounting activities, including tax provisions, deferred taxes, and assisting in tax filings.

Sales Tax and VAT Compliance: Ensuring correct accounting for sales tax, VAT, and other indirect taxes within the GL.

The role of the GL Chief Accountant requires strong leadership, detailed knowledge of accounting principles, and the ability to ensure the accuracy and reliability of financial information. They play a vital role in maintaining financial discipline and ensuring the financial health of the organization.

• Bachelor's degree in accounting or equivalents. 

• Minimum 10 years' accounting experience, at least 3 years in a supervisory or leadership role. 

• Working in the field of accounts for Construction companies. 

• Exceptional computer skills, including Microsoft Office and databases. 

• Expertise working with financial statements, In-depth knowledge of accounting principles, financial reporting, and auditing standards.

 • Expertise working with ERP Systems (SAP, Oracle and Microsoft Dynamics 365) “Microsoft Dynamics 365 is preferred”. 

• Consistent, accurate, and thorough with an eye for details. 

• Exceptional organizational skills and aptitude for numbers. 

• Proficiency in English (spoken and written) is a must. 

• Professional certifications, such as IFRS, are preferred. 

• A strong understanding of construction accounting models and processes is essential.