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Job Description
Job Purpose:
The Chief Accountant is responsible for overseeing the financial and accounting operations of the FMCG production company, ensuring accurate financial reporting, compliance with relevant accounting standards, and supporting strategic decision-making through detailed financial analysis. The role requires strong knowledge of cost accounting, inventory management, and the financial nuances specific to manufacturing environment.
Key Responsibilities:
- Supervise day-to-day accounting operations, including general ledger, accounts payable/receivable, fixed assets, and cost accounting.
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements in accordance with local and international accounting standards.
- Monitor and manage all inventory and production cost accounting, ensuring accurate costing of raw materials, packaging, and finished products.
- Prepare monthly cost analysis reports highlighting variances, waste, yield, and production efficiency.
- Oversee the reconciliation of inventory records between finance and production.
- Manage the company’s cash flow, forecasting, and liquidity position.
- Ensure compliance with tax regulations, including VAT, corporate tax, payroll tax, and other statutory requirements.
- Coordinate and lead external audits and liaise with auditors, banks, and other stakeholders.
- Develop and improve internal controls, accounting procedures, and financial policies aligned with the needs of a manufacturing environment.
- Provide financial insights and recommendations to management for strategic decision-making.
- Lead and develop the accounting team through coaching, training, and performance management.
Job Requirements
Requirements:
- Bachelor's Degree in Accounting, Finance, or a related field. (Professional certifications such as CPA, CMA, or IFRS diploma are preferred.)
- Minimum 10 years of progressive accounting experience, with at least 3 years in a senior accounting role within a manufacturing environment.
- Strong understanding of manufacturing cost accounting, inventory management, and production financial controls.
- Solid knowledge of local tax laws, financial regulations, and international accounting standards (IFRS).
- Proficient in accounting software (SAP, Oracle, or other ERP systems) and Microsoft Office (especially Excel).
- Strong analytical, problem-solving, and leadership skills.
- Excellent communication and reporting skills in both English and [Arabic if applicable].
- Experience in the dairy industry or FMCG manufacturing sector is a plus.
- Strong business acumen and proactive financial mindset.
- English language fluency.
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