Chief Accountant (m/w/d)
Red Bull
Karachi, Karachi, PK
6d ago
  • Holds a relevant accounting qualification (CA/CIMA/ACCA) or similar.
  • Permanent, Full-time

Chief Accountant ensures 100% compliance with all relevant local legislation (statutory accounting standards, tax laws, civil laws) and internal group accounting guidelines.


Areas that play to your strengths

All the responsibilities we'll trust you with:

GENERAL

Guarantees 100% compliance with all relevant local legislation (e.g.: statutory accounting standards, tax law, civil law) and internal group accounting guidelines.

Ensures that the accounting is correct, transparent (within the organization and towards HQ) and complete (including appropriate accruals/deferrals). The financial statements must present a true and fair view of the financial position, financial performance and cash flows of the reported period.

Assures timely submission of accurate financial information to all stakeholders (e.g.: tax authorities, other local authorities).

Assists the Finance Director in proactively managing the year end audit process and the external auditors to secure clean Early Warning Memorandums and clean Management Letters strictly avoiding an “Emphasis of Matter” or a “Qualified Opinion”.

While maintaining quality, continuously drives efficiency by streamlining processes (within Accounting and beyond Accounting) and the use of available tools.

Ensures that the accounting operations are fully integrated from a process, systems and control perspective.

Supports the Finance Manager in establishing an effective tax management in cooperation with the tax specialists in HQ and external tax advisors.

Supervise external accounting company

BOOKKEEPING

Maintains the fixed asset register and supervises the asset accounting in the fixed asset ledger.

Manages the accounts payables ledger as well as the periodic payment runs while ensuring segregation of duties.

Controls the accounts receivable ledger and the dunning process.

Supervises the bank statement postings as well as the reconciliation of the bank accounts and petty cash.

Reconciliation of all tax accounts.

Guarantees the timely and accurate reporting to local authorities.

Maintains the general ledger.

Assists the Finance Director in credit risk management

PERIOD CLOSING

Responsible for the timely compilation of the monthly and annual closings including the communication of the closing timetable within the organization and external providers of services.

Carries out depreciation runs, posts all accrual and deferral entries as well as revaluations, write offs and provisions.

Reconciles all clearing and intern company accounts.

Carries out any other period closing postings.

Prepares the annual statutory financial statements.

Conducts a thorough review of all monthly reports and financial statements prior to the submission to HQ or authorities in order to make corrections if needed.

PEOPLE MANAGEMENT (accounting team will be built in line with the company growth)

Builds a team of highly engaged and motivated people.

Develops and updates regularly the job descriptions for all Accounting staff.

Ensures that sufficient resources are in place and each position is held by a person with the appropriate qualification.

Agrees on annual objectives and links variable pay to the achievement levels.

Holds bi annual performance reviews giving clear, honest and fair feedback.

Promotes development, internal trainings to elevate knowledge levels within the team.

Assures that all key processes are documented in writing and that checklists are being used.


Your areas of knowledge and expertise

  • Holds a relevant accounting qualification (CA/CIMA/ACCA) or similar.
  • Minimum of 3 years of relevant accounting experience in a similar position
  • Vast knowledge of all local tax regulations, local GAAP and IFRS
  • Strong leadership skills
  • Capable of communicating precisely, effectively and convincingly based on facts with internal and external stakeholders
  • IT literate and SAP knowledge

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