Accounting Manager with ref. 0001234

Location	Baghdad	Job Type	Permanent
Salary		Sector	Accountancy, Finance

Summary

The job holder is responsible for the Accounting Unit activities including developing and implementing accounting policies and procedures. The job holder will also be responsible for the effective and reliable operation of accounting activities, including general and cost accounting

Key Accountabilities

Set Accounting Unit performance objectives, in coordination with Financial Planning and Budgeting and Strategy Management and Corporate Performance Departments, and continuously monitor progress and development towards organizational and Unit strategic objectives and communicate periodic performance reports to provide evaluation results and recommend improvements
Develop and implement Accounting Unit policies and procedures in order to ensure the fulfilment of organizational requirements whilst delivering high-quality services
Carry out the day-to-day operations of the Accounting Unit, provide expertise, encourage teamwork and align work processes to achieve high performance standards, meet established targets and engage employee in a motivated work environment

Maintain accounts receivable registers and prepare accounts receivable reports and ensure adherence to reporting standards

Control and monitor posting process from Billing system into GL
Analyze revenue and prices in order to optimize cost
Reconcile between Collection Channels, Oracle and Billing Systems in order to ensure accuracy of data
Process invoices and payments by verifying documentation and disbursement requests, perform reconciliation and rectification of discrepancies in payment transactions
Reconcile purchase orders/receipts to ensure balance between ordered and received goods
Generate reports on accounts payable and respond to enquiries related to payables and expenses and provide relevant explanations
Manage project accounting, prepare reports and process corporate, project, collect, consolidate and archive invoices and payment orders
Maintain and control Fixed Assets Register and conduct Assets closing and reconciliation between virtual and physical inventory
Conduct depreciation Calculation in order to ensure the generation of an accurate balance sheet
Generate Reports on Fixed Assets, Assets classifications, impairments, write-off and physical inventory
Carry out monthly, quarterly and end of year closing of all ledgers and accounts to ensure timeliness and accuracy of accounts
Generate accounting and costing data and ensure an efficient and readily accessible recording system of all accounting data and statistics to meet commercial and statutory requirements
Implement and monitor accounting separation
Generate internal accounting reports and ensure adherence to reporting standards and identify any negative financial impact on the company, if any

Manage the issuance of the trial balance in order to issue an accurate balance sheet

Control book keeping and conduct analysis of accounts in order to ensure the accuracy of data
Monitor processing of journals and reversals of all sub-ledgers and ensure the reconciliation of all subsidiary ledgers with the control accounts in the general ledger
Contribute and ensure the effective achievement of functional objectives through the supervision of the Accounting Unit, set individual objectives, manage performance, develop and motivate staff, provide formal and informal feedback and appraisal, and provide guidance on training programs for employees in order to maximize subordinate and Unit performance

Key Performance Indicators

Timeliness in generating accounting statements
% accuracy of accounting statements
% accuracy of financial statements
Timeliness in generating invoices

JOB REQUIREMENTS

Educational Qualifications and Experience

Educational Qualifications:
Bachelor’s degree in accounting or finance-related field or equivalent

Experience:
A minimum of 5 years of relevant experience with at least 3 years in a similar role

Competencies

Behavioral Competency

Embracing Change(Flexibility) – Level 1
Developing Talents - Level 1
Achievement Driven – Level 3
Integrity – Level 4
Information Seeking – Level 3
Team Management – Level 4
Problem Solving and Creativity – Level 4
Relationship Building – Level 3
Initiative – Level 4

Summary

The job holder is responsible for the Accounting Unit activities including developing and implementing accounting policies and procedures. The job holder will also be responsible for the effective and reliable operation of accounting activities, including general and cost accounting

Key Accountabilities

Develop and implement Accounting Unit policies and procedures in order to ensure the fulfilment of organizational requirements whilst delivering high-quality services

Carry out the day-to-day operations of the Accounting Unit, provide expertise, encourage teamwork and align work processes to achieve high performance standards, meet established targets and engage employee in a motivated work environment

Maintain accounts receivable registers and prepare accounts receivable reports and ensure adherence to reporting standards

Control and monitor posting process from Billing system into GL

Analyze revenue and prices in order to optimize cost

Reconcile between Collection Channels, Oracle and Billing Systems in order to ensure accuracy of data

Process invoices and payments by verifying documentation and disbursement requests, perform reconciliation and rectification of discrepancies in payment transactions

Reconcile purchase orders/receipts to ensure balance between ordered and received goods

Generate reports on accounts payable and respond to enquiries related to payables and expenses and provide relevant explanations

Manage project accounting, prepare reports and process corporate, project, collect, consolidate and archive invoices and payment orders

Maintain and control Fixed Assets Register and conduct Assets closing and reconciliation between virtual and physical inventory

Conduct depreciation Calculation in order to ensure the generation of an accurate balance sheet

Generate Reports on Fixed Assets, Assets classifications, impairments, write-off and physical inventory

Carry out monthly, quarterly and end of year closing of all ledgers and accounts to ensure timeliness and accuracy of accounts

Generate accounting and costing data and ensure an efficient and readily accessible recording system of all accounting data and statistics to meet commercial and statutory requirements

Implement and monitor accounting separation

Generate internal accounting reports and ensure adherence to reporting standards and identify any negative financial impact on the company, if any

Manage the issuance of the trial balance in order to issue an accurate balance sheet

Control book keeping and conduct analysis of accounts in order to ensure the accuracy of data

Monitor processing of journals and reversals of all sub-ledgers and ensure the reconciliation of all subsidiary ledgers with the control accounts in the general ledger

Key Performance Indicators

Timeliness in generating accounting statements

% accuracy of accounting statements

% accuracy of financial statements

Timeliness in generating invoices

JOB REQUIREMENTS

Educational Qualifications and Experience

Educational Qualifications: Bachelor’s degree in accounting or finance-related field or equivalent

Experience: A minimum of 5 years of relevant experience with at least 3 years in a similar role

Competencies

Behavioral Competency

Embracing Change(Flexibility) – Level 1

Developing Talents - Level 1

Achievement Driven – Level 3

Integrity – Level 4

Information Seeking – Level 3

Team Management – Level 4

Problem Solving and Creativity – Level 4

Relationship Building – Level 3

Initiative – Level 4

Share this Job

March Holding

Educational Qualifications:
Bachelor’s degree in accounting or finance-related field or equivalent

Experience:
A minimum of 5 years of relevant experience with at least 3 years in a similar role