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.