Chief Accountant

Qualifications:

Bachelor's degree in accounting, Finance, or related field

Minimum 10 years of progressive accounting experience, with at least 4 years in a supervisory or leading role.

Experience in the FMCG sector

Strong expertise infinancial reporting & internal controls

Advanced proficiency in Excel and accounting/ERP systems.

Professional certifications such asCA/ ACCA are desirable.

.Strong leadership, analytical, and decision-making skills

Job Description:

Key Responsibilities:

Financial Reporting

Performmonthly, and annual financial closing processes, ensuring compliance with IFRS and internal policies.

Review and approve journal entries, account reconciliations, accruals, and provisions with analytical justifications.

Prepare and present accurate financial statements- balance sheets, P&L, and management reports with analysis on performance vs. budget.

Costing & Landed Cost Management

Implement and manage precise landed cost calculations by allocating freight, customs, insurance, and other import-related costs to inventory.

Ensure accurate cost of goods sold (COGS) valuation and its reflection in financial statements.

Invoicing & Receivables Management

Processing of Invoices to Distributors against Costing sheets

Receivable management and ensuring timely receipt of dues from Distributors as per agreed credit terms.

Cash Flow & Treasury Oversight

Monitor short- and long-term cash flow forecasts; plan and prioritize cash and cheque disbursements and adequacy of foreign currency balances.

Manage payment cycles, bank reconciliations, and supplier settlements in coordination with procurement and operations

Payroll and Personnel Files

Preparation of salary files on a monthly basis and ensure timely processing of the payroll files.

Manage personnel accounts in the Financial system to account for proper accounting of personnel costs in the ledgers,

Compliance, Audit & Tax

Strengthen internal controls, ensure proper segregation of duties, and recommend enhancements to the financial control environment.

Prepare VAT filing support statements and ensure timely filing of VAT Returns on a monthly basis.

Coordinate year-end audits, including Interim audits with external auditors; prepare Financial statements with all schedules and Notes to Financial statements , audit schedules, justifications.

Prepare Corporate Tax filing support statements and ensure timely filing of CT Returns.

Analysis of Financial statements

Support senior management with financial insights, variance analysis, cost-efficiency recommendations/brand and channels/ region profitability.

Participate in budgeting and forecasting cycles; monitor actuals against forecasts and investigate deviations.

Collaborate with operations, logistics, and procurement to align finance with broader supply chain and business strategies.

Process Improvement & System Optimization

Continuously evaluate accounting processes and systems to identify opportunities for automation, accuracy, and scalability.

Lead or support ERP implementation and upgrades as needed to enhance financial data flow and reporting capabilities.

Confidentiality & Professional Development

Uphold high standards of integrity and confidentiality in handling financial and business information.

Maintain up-to-date knowledge of local regulations, IFRS standards, and industry best practices through training and professional networks.