Chief Accountant

Head Accountant

Work Location: Baghdad – Iraq

Salary: 2,000 USD / Month

Job Description

  • To manage and oversee the entire accounting team
  • Conducting all necessary training to keep the team’s skills and knowledge up to date.
  • Establishes internal controls and guidelines for accounting transactions and budget preparation.
  • Oversees preparation of business activity reports, financial forecasts, and annual budgets.
  • Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles or financial reporting standards.
  • Responsible for tax planning throughout the fiscal year.
  • To audit accounts to ensure compliance with the country’s regulations; coordinate with outside auditors and provide needed information for the annual external audit.
  • Presents recommendations to management on short- and long-term financial objectives and policies.
  • Composing and preparing required financial reports
  • Provides financial analysis with an emphasis on capital investments, pricing decisions, and contract negotiations.
  • Ensures compliance with governmental requirements.
  • Ensure that all necessary documents are requested, collected, and compiled.
  • Monitor and mentor/train accounting staff,
  • Detect and address potential compliance issues proactively.
  • Work collaboratively with other departments to achieve shared goals.
  • Managing the routine accounting task in the department on a day-to-day basis according to approved policies and procedures.
  • Ensures an accurate and timely monthly, quarterly, and year-end closing.
  • Ensuring all daily, weekly, monthly, quarterly, and annual financial reports are submitted on time.
  • Ensuring accurate and timely processing of payroll and incentives.
  • Performs the monthly financial reconciliation.
  • Coordinate with the General Cashier for the recording of monthly interest and account balances and issuing the debit/credit note accordingly.
  • Prepare and post monthly accruals, prepayments, and similar accounting entries.
  • Responsible for the management of fixed assets which included proper accounting, reconciliation, tagging, and physical verifications.
  • Evaluating the team members.
  • Prepare the annual budgeting.
  • Maintained annual budgeting and financial reports Vs budget on monthly basis.
  • Any other requirements as per the operations demand.

Job Category: Management
Job Type: Full Time
Job Location: Baghdad
Job Code: JC017
Notice Period: Immediately Needed

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