Senior Accountant

POSITION SUMMARY

Reports directly to the Strategy Leader and works closely with AG Leaders. The Senior Accountant oversees the Holding Group's accounting activities, ensuring compliance with financial laws and regulations while supporting budget analysis. Responsibilities include but are not limited to executing month-end closures, preparing financial statements, cash flow analysis, reconciling VAT, forecasting & monitoring budgets, reviewing financial expenditures, contracts, suppliers, and facilitating financial procedures.

The ideal candidate strives for constant improvements and supports business units in achieving set results across the Holding Structure. Diagnoses problems and analyses informatics to guide the Executive Management and Senior Leaders in decision-making while monitoring the financial conditions of the business entities and their transactions. Evaluates critical information when making conclusions and advising the required pro-activate actions. Demonstrates trust and cooperation, promotes team spirit, and ensures two-way communication confidently.

This Job Description intends to highlight the most critical areas of responsibility only and does not cover all aspects of the Position.

KEY RESPONSIBILITIES

ACCOUNTING

• Meets financial accounting objectives; evaluates, develops, and improves department controls, systems, and procedures, thus increasing accuracy and efficiency.
• Continuously tracks inventories, cash flow, sales, purchase requests, orders, stock balance and provides real-time insights into the organization.
• Uses digital technologies such as OneDrive and/or Asana to automate financial operations, aiming to become more standardized and efficient when interacting with various stakeholders.
• Ensures the accuracy of financial transactions by maintaining proper documentation and resolves discrepancies by gathering and analyzing accounting data.

FINANCIAL STATEMENTS AND REPORTS

• Prepares and conducts weekly reports on accounts receivable and payable, including aging analysis.
• Compiles and analyzes financial information to prepare financial statements including monthly and annual accounts.
• Carries out and supervises the month-end closing process for all business units to ensure accurate and timely financial reporting.
• When required, updates relevant stakeholders on any overspending above the approved budget and on the current remaining balances in each quarter.

TAXATION, BUDGETING AND COMPLIANCE

• Oversees accurate VAT reconciliation and timely filing, along with managing corporate tax registration and compliance.
• Collaborates with the financial analyst on budgeting, analysis, and reporting, including creating budgets and providing insights from gap analysis.
• Establishes and adheres to accounting and budgets, maintains internal controls and establishes consistent processes across the Group.

BANKING, FIXED ASSETS, AND PAYROLL

• Performs monthly bank reconciliations, monitors cash flow, and manages relationships with banking institutions.
• Conducts monthly bank reconciliations, tracks cash flow, and maintains relationships with banking institutions and the third party suppliers.
• Manages fixed asset records, including acquisitions, disposals, capital work in progress, and the maintenance of the fixed assets register.
• Creates and processes monthly payroll payments through the Payroll Protection System (WPS).
• In collaboration with the Human Resources Department, facilitate the resolution of any relevant system Yomly issues regarding the finance division.

ADMINISTRATIVE SUPPORT

• Provides documentation and support for international transactions and oversees counterpart relations.
• Assists in audit preparations by supplying necessary documentation and information.
• Leads the implementation of Xero accounting system, ensuring a smooth transition further integration within finance division.
• Oversees daily tasks and mentors the junior accountant, ensuring accuracy in accounts payable and receivable duties. Supports collaborative inputs sharing with Financial Analysis to complete consolidation of reports.

POSITION REQUIREMENTS

EDUCATION & EXPERIENCE

• Bachelor’s degree in accounting, Finance, or related field. Professional certification (e.g., CPA, CMA) is required.
• Minimum of 5-7 years of relevant accounting experience, preferably in a similar role.
• Proficiency in accounting software, particularly Xero.
• Strong knowledge of accounting principles, financial reporting, and tax regulations.
• Proficiency in using accounting software and MS Office Suite.
• Strong attention to detail and organizational skills.
• Proficient in English and other languages is a plus.
• Possesses a capability to carry out tasks with a perspective that values inclusion, equity, and diversity.
• A solid sense of ownership, dedication, and skill in preserving confidentiality.