Accounting Manager
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Key skills for this role
About the Role
First Capital Group seeks an Accounting Manager to oversee accounting operations, financial reporting, and internal controls. The role requires a Bachelor's degree in Accounting or Finance and at least 5 years of relevant experience, preferably with managerial responsibilities.
Key Skills for This Role
Responsibilities
- Manage and oversee the daily operations of the Accounting Department
- Ensure all financial transactions are accurately and timely recorded in the accounting system
- Maintain and review the general ledger and ensure accuracy of accounting entries
- Manage accounts payable and receivable, including invoice review and collections
- Perform and review bank reconciliations and investigate discrepancies
- Manage monthly, quarterly, and annual accounting closing procedures
- Prepare accurate financial reports including profit and loss, balance sheet, and cash flow
- Monitor budgets and compare actual expenses and revenues against approved budgets
- Coordinate payroll accounting and verify salary related financial entries
- Establish and maintain effective internal accounting controls
- Coordinate with external auditors and provide required financial records
- Supervise, guide, and evaluate accounting staff
Requirements
- Bachelor's degree in Accounting, Finance, or a related field
- Minimum of 5 years of relevant accounting experience, preferably with managerial or supervisory responsibilities
- Strong knowledge of accounting principles, financial reporting, and general ledger management
- Experience in accounts payable, accounts receivable, reconciliations, and financial closing
- Experience in preparing financial statements and management reports
- Knowledge of accounting systems and ERP software
- Professional accounting qualifications such as ACCA, CMA, CPA, or equivalent are an advantage
- Strong leadership and team management skills
- Excellent command of English; Arabic is an advantage
Full Job Posting
Job Overview
- The Accounting Manager oversees and manages the company's accounting operations, financial records, reporting, reconciliations, accounts payable, accounts receivable, and general ledger activities.
- Ensures accuracy, completeness, and timely recording of all financial transactions in accordance with company policies, accounting standards, and regulatory requirements.
Key Responsibilities
- Manage and oversee the daily operations of the Accounting Department.
- Ensure all financial transactions are accurately and timely recorded in the accounting system.
- Maintain and review the general ledger and ensure the accuracy of accounting entries.
- Manage accounts payable and receivable, including invoice review and collections.
- Perform and review bank reconciliations and investigate any discrepancies.
- Manage monthly, quarterly, and annual accounting closing procedures.
- Prepare accurate monthly, quarterly, and annual financial reports for management.
- Monitor company expenses and ensure costs are correctly allocated.
- Monitor budgets and compare actual expenses and revenues against approved budgets.
- Coordinate payroll accounting and verify salary related financial entries.
- Establish and maintain effective internal accounting controls.
- Coordinate with external auditors and provide required financial records.
Qualifications and Experience
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 5 years of relevant accounting experience, preferably with managerial or supervisory responsibilities.
- Strong knowledge of accounting principles, financial reporting, and general ledger management.
- Experience in accounts payable, accounts receivable, reconciliations, and financial closing.
- Experience in preparing financial statements and management reports.
- Knowledge of accounting systems and ERP software.
- Professional accounting qualifications such as ACCA, CMA, CPA, or equivalent are an advantage.
Skills and Competencies
- Strong accounting and financial management skills.
- Excellent analytical and problem solving abilities.
- Strong attention to detail and accuracy.
- Strong leadership and team management skills.
- Excellent organizational and time management abilities.
- Ability to work under pressure and meet financial reporting deadlines.
- Strong communication and interpersonal skills.
- High level of confidentiality and professional integrity.
- Strong knowledge of Microsoft Excel and Microsoft Office.
- Proficiency in accounting and ERP systems.
- Excellent command of English; Arabic is an advantage.
Key Performance Indicators (KPIs)
- Accuracy of accounting records and financial transactions.
- Timely completion of monthly and annual financial closing.
- Accuracy and timely submission of financial reports.
- Bank reconciliation completion and accuracy.
- Accounts payable processing efficiency.
- Accounts receivable and collection performance.
- Reduction of overdue receivables.
- Accuracy of supplier and customer account reconciliations.
- Budget versus actual monitoring and variance reporting.
- Timely settlement of staff advances and petty cash.
- Compliance with internal financial controls and approval procedures.
- Audit findings and resolution of accounting discrepancies.
Authority and Responsibility
- The Accounting Manager is responsible for managing the company's day to day accounting operations and ensuring the accuracy and integrity of financial records.
- Authorized to review financial transactions, invoices, payment requests, reconciliations, and accounting records and to return or reject incomplete financial documentation for correction.
- All payments, major financial commitments, and transactions requiring management authorization must be submitted for appropriate approval.
- Must maintain strict confidentiality regarding all financial, banking, payroll, employee, and company related information.
Work Location
- In person
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