Chief Accountant

Client of Career Hunters

Location: Kuwait

Department: Finance and Administration Department

Reports To: Chief Financial Officer (CFO) or General Manager

Job Summary:

Supervise daily accounting operations and ensure the accuracy and integrity of financial records and accounting reports, apply approved accounting standards, and provide periodic financial reports to senior management to support financial decision making.

Key Responsibilities:
Duties and Responsibilities:
Supervise the accounting team, assign daily tasks, and follow up on execution.
Review and audit daily entries, bank reconciliations, and invoices.
Prepare monthly, quarterly, and annual financial statements accurately and on time.
Ensure compliance with International Financial Reporting Standards (IFRS) and local regulations.
Manage payroll, accounts receivable, accounts payable, and inventory (if any).
Coordinate with internal and external auditors and provide required documents.
Prepare annual budgets and analyze variances.
Provide financial reports and analyses to support management decision-making.
Propose procedures that improve financial efficiency and cost control.
Follow up on the company s tax obligations and compliance with related government requirements.

Additional Responsibilities Often Considered as Head Accountant Duties (though not explicitly mentioned):
1. Preparation of internal accounting and financial policies and procedures:
The Head Accountant is responsible for contributing to the preparation and updating of internal accounting and financial policies and procedures to ensure compliance and standardization in accounting treatments.
2. Cash Flow Management:
Not explicitly mentioned, although it is a core responsibility of the Head Accountant to monitor liquidity and ensure cash availability.

3. Preparation of advanced analytical reports for decision-making:
While providing reports to management is mentioned, there is no c ear reference to advanced analyses, financial forecasting, or strategy-oriented reporting.
4. Financial Risk management:
No reference is made to evaluating financial risks or controlling bank credits and high-impact transactions.

Kuwait,