Job Description

Job Title: Chief Accountant / Assistant Finance Manager

Industry: Construction Materials / Ready-Mix & Precast Concrete

Reports To: Chief Financial Officer (CFO)

Location: On-site / Corporate Office

Job Purpose

The Chief Accountant / Assistant Finance Manager oversees daily accounting operations, financial reporting, cost control, and financial compliance for the concrete business. This role serves as the bridge between day-to-day accounting operations and executive strategic planning, ensuring tight control over raw material procurement, fleet and equipment depreciation, project job costing, and cash flow optimization.

Key Responsibilities

1. Financial Management & Reporting

Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) in accordance with IFRS / local GAAP.
Lead month-end and year-end closing processes, ensuring accurate accruals, provisions, and revenue recognition.
Analyze financial variance against budgets and operational forecasts, delivering actionable insights to senior management.
Oversee the management of fixed assets, maintaining fixed asset registers for batching plants, transit mixers, concrete pumps, and heavy equipment.

2. Cost Accounting & Inventory Control

Monitor and analyze unit costs for concrete mix designs, cement, aggregates, chemical admixtures, and fuel.
Track batching plant operational costs, delivery logistics, equipment downtime, and maintenance expenses.
Implement inventory valuation and reconciliation controls for raw material stockpiles (silos, aggregate yards).
Perform continuous batch-to-dispatch reconciliation to identify raw material variance and yield loss.

3. Working Capital & Treasury Management

Manage accounts receivable (AR) and credit control, working closely with sales and project managers to enforce credit terms with contractors and developers.
Manage accounts payable (AP), negotiating payment terms with suppliers and sub-contractors to optimize cash outflow.
Monitor daily cash position, project short-term cash flow needs, and manage bank reconciliations and credit facilities (LCs, LGs, overdrafts).

4. Tax, Audit & Compliance

Oversee tax compliance, including VAT/GST filings, corporate tax calculations, and withholding tax obligations.
Serve as the primary point of contact for external and internal auditors during annual audits.
Ensure strict internal controls across procurement, sales invoicing, weighbridge logging, and payroll.

5. Team Leadership & Systems

Supervise and mentor the accounting team (accounts clerks, AP/AR specialists, cashier, plant accountants).
Optimize ERP utilization (e.g., SAP, Oracle, MS Dynamics, or industry-specific dispatching/batching ERPs like Command Alkon).

Required Qualifications & Skills

Education: Bachelor's degree in Accounting or Finance.

Professional Certification: CPA, ACCA, CMA, or CA qualified preferred.

Experience:
10–15 years of progressive accounting experience, with at least 8–10 years in a senior accounting role.
Proven track record within the concrete, ready-mix, precast, building materials, or construction manufacturing industry.

Technical Expertise:
In-depth knowledge of cost accounting, job costing, and inventory control systems in manufacturing/processing environments.
Advanced proficiency in ERP systems (SAP, Oracle, MS Dynamics) and Microsoft Excel (data modeling, financial analysis).