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Accountant

  • Location:

    Erbil

  • Sector:

    Industrial

  • Contact:

    Elaf Khoshnaw

  • Job ref:

    3920

  • Published:

    9 months ago

  • Expiry date:

    2024-03-24

mselect is looking to hire an Accountant for an industrial and distribution group in Erbil, Iraq. Candidates must have a minimum of 1 year of relevant experience and be fluent in English and Arabic.

JOB PURPOSE
  • Process GL transactions including Journal vouchers and accruals
  • Prepare monthly reconciliations for distribution and commercial entities
  • Assist in month end and year end close
  • Prepare and review Interim and year-end audit schedules for distribution and commercial entities
  • Automate and streamline accounting process in line with shared service centre objectives

STAKEHOLDERS

Internal Stakeholders:
  • SSC Finance Managers
  • Internal Audit / Internal Control
  • Cross Functional Finance
  • Supply Chain Finance
External Stakeholders:
  • External Auditors
  • Tax Consulting Firm
  • BPO/Process reengineering firms
  • IT Consulting firms

KEY ACCOUNTABILITIES

Responsibility:
  • Process GL transactions including Journal vouchers and Accruals
  • Prepare Monthly Reconciliations for distribution and commercial entities
  • Assist in month end and year end close
  • Prepare and review Interim and year-end audit schedules for distribution and commercial entities
  • Automate and streamline accounting process in line with shared service centre objectives
Indicator:
  • Perform maintenance and bookkeeping activities of various supply chain related entities of the group
  • Book Prepayment amortizations and monthly balance sheet accruals in general ledger
  • Participate in a timely month close process as prescribed by the monthly close schedule
  • Participate in variance analysis and perform late adjustment entries wherever necessary
  • Use reconciliation software to prepare close schedules and identify discrepancies
  • Prepare balance sheet schedules and ownership of book close for distribution and commercial entities
  • Prepare reconciliation of sub ledger and general ledger transactions
  • Prepare bank reconciliations across the different distribution units of the business
  • Assist in period close and year close activities as prescribed by the close schedule for the group
  • Participate in a timely month close process as prescribed by the close schedule from corporate finance
  • Assist in year-end audit process in co-ordination with the external auditors of the group
  • Provide schedules for all the financial accounts as required by auditors
  • Address queries from internal audit for all the responsible entities
  • Participate in continuous improvement of the shared service centre
  • Anticipate, plan, address and resolve complex customer service issues with internal and external customers, including vendors
  • Work with senior shared service management in driving key internal control issues and lending expertise in key knowledge areas for improvement
  • Participate in key software implementations to drive automation of complex business scenarios involving accounting and reporting
Targets:
  • Timely close of accounting period
  • Number of late adjustments booked
  • Accuracy of financial numbers
  • Timely preparation of Balance sheet reconciliations
  • Clear and fully justified balance sheet GL account reconciliation
  • Accuracy of financial numbers
  • Timely close of accounting period
  • Timely completion of external audit
  • Percentage of compliance on internal control procedures
  • Implementation of best in class shared service accounting practices
  • Successful transition to new ERP software and account reconciliation software

COMPETENCIES

Qualifications:
  • BA degree in accounting
  • Chartered Accountant (CPA, CA, ACCA) highly desirable
Knowledge:
  • IFRS (All IAS Standards), local GAAP
  • Financial compliance and Internal control framework
  • Auditing framework
  • RTR, PTP, OTC processes & associated policies
  • IT, ERP (SAP, MFG PRO) & systems environment
  • Continuous process improvement
  • Transactional finance process execution
  • KPI reporting and escalation management
  • Handling ambiguities in complex accounting scenarios

SKILLS
  • Strong numerical and analytical skills
  • GL reconciliation
  • Proficient in account reconciliation software. blackline software experience preferred.
  • Statutory reporting
  • Excellent computer skills especially in Microsoft Excel, Word and PowerPoint
  • Excellent organizational ability, flexibility, confidentiality and attention to detail
  • Excellent communication skills and a senior team player
  • Business analysis & challenge
  • Proactive and anticipating change
  • Risk management
  • Ability to work under pressure and results oriented
  • Stakeholder management

ACCBC
  • Customer focus
  • Effective communication
  • Positive relationships
  • Sense of urgency
  • Discipline
  • Accountability
  • Learning
  • Agility
  • Initiative

EXPERIENCE
  • 1 to 3 years Finance role
  • Prior experience in account reconciliation activities from a zero base

*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.
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