The Chief Accountant is responsible for overseeing the financial operations of the company, ensuring accurate financial reporting, and maintaining the integrity of the organization’s financial systems. This role involves managing the accounting team, preparing financial statements, ensuring compliance with regulatory requirements, and supporting the development of financial strategies. The Chief Accountant plays a critical role in maintaining financial stability and providing insights to guide decision-making at the executive level.
| Salary | Market Competitive |
| Experience | |
| Location | Bahrain |
| Qualification | |
| Posted | 06 September 2024 |
| Job Type | Full-Time |
| Posted by | Habeebi Recruiter |
| last date to apply | apply within 15 days |
Key Responsibilities
- Financial Reporting and Analysis
The Chief Accountant oversees the preparation and analysis of financial reports, including balance sheets, income statements, cash flow statements, and budget reports. This includes ensuring that all financial reports are accurate, timely, and in compliance with accounting standards and regulations. The Chief Accountant provides financial insights and recommendations based on analysis to support strategic decision-making by senior management. - Managing Accounting Operations
A core responsibility of the Chief Accountant is managing the day-to-day accounting operations, including general ledger maintenance, accounts payable, accounts receivable, payroll, and tax reporting. The Chief Accountant ensures that all transactions are properly recorded, classified, and reconciled in the company’s accounting systems. This role also involves implementing and improving internal control procedures to safeguard the company’s assets. - Budgeting and Forecasting
The Chief Accountant is responsible for preparing and overseeing the company’s annual budget and financial forecasts. This involves working closely with department heads to gather budgetary information, monitoring actual financial performance against the budget, and providing variance analysis. The Chief Accountant plays a key role in helping the organization achieve its financial goals by providing accurate forecasting and identifying cost-saving opportunities. - Regulatory Compliance and Tax Management
The Chief Accountant ensures that the organization complies with all relevant financial regulations, tax laws, and reporting requirements. This includes overseeing tax planning, preparation, and filing of tax returns, as well as liaising with external auditors and regulatory bodies. The Chief Accountant ensures that all statutory and regulatory filings are completed accurately and on time, helping to avoid penalties or legal issues. - Team Leadership and Development
The Chief Accountant leads and mentors the accounting team, providing guidance and support to ensure high-quality performance. This involves delegating tasks, reviewing the work of junior accountants, and fostering a collaborative and productive working environment. The Chief Accountant is responsible for staff development, including training on new accounting policies, systems, and procedures. - Financial Strategy and Decision Support
In addition to overseeing day-to-day accounting functions, the Chief Accountant provides financial insights to support long-term business strategy and planning. This includes analyzing financial trends, identifying potential risks, and advising senior management on investment opportunities, cost management, and financial restructuring. The Chief Accountant plays an integral role in shaping the financial direction of the company.
Qualifications and Skills
- Bachelor’s degree in Accounting, Finance, or a related field (CPA or CMA certification preferred).
- Proven experience in accounting, with at least 5-7 years in a senior accounting or financial management role.
- Strong knowledge of accounting principles, financial reporting standards (e.g., IFRS, GAAP), and regulatory compliance.
- Excellent leadership and team management skills.
- Proficiency in accounting software (e.g., QuickBooks, SAP, or Oracle) and Microsoft Office Suite.
- Strong analytical, problem-solving, and decision-making abilities.
- Excellent communication and interpersonal skills.
- High attention to detail and ability to meet tight deadlines.
How to apply:
Send your updated resume to our email or directly reach us at our phone:
Email: rotana.rewards@rotana.com
Telephone: +971 (0) 2 811 9777
Fax: +971 (0) 2 699 4445