Accounting Section Head

About this task

Job Summary:
Supervise and coordinate the accounting team's daily activities, ensuring accuracy, timeliness, and compliance across all financial processes. Oversee general ledger, accounts payable, accounts receivable, and financial reporting. Review team outputs, maintain effective internal controls, and support audits and closing activities. Act as the link between the Accounting Manager and the team, ensuring proper task allocation, performance monitoring, and continuous process improvement.

Duties and Responsibilities:
- Ensure proper accounting treatment and accurate presentation of financial information.
- Verify the completeness, existence, and accuracy of supporting documentation.
- Ensure assets, liabilities, equity, revenues, and expenditures are properly stated and recorded in the general ledger.
- Establish preventive and detective controls against cash embezzlement and misrepresentation of financial records.
- Lead a team of eight professionals, including hiring, objective setting, performance management, coaching, development, and training.
- Review financial reports, including profit and loss statements, balance sheets, cash flow statements, and year-end financial reports.
- Review quarterly accruals and assess the need for provisions.
- Review segregation of duties quarterly, ensuring that transaction recording, review/posting, custody of cash and cheques, and account reconciliation are performed by different individuals.
- Ensure accounting activities comply with company policies, procedures, and statutory requirements.
- Ensure compliance with tax laws and regulations and timely submission of tax returns.
- Cooperate with external auditors during audits and reviews, ensuring accounting staff provide appropriate support and comply with qualified requests.

Key Performance Indicators:
- Complete 100% of supplier and customer invoices related to month-end.
- Record supplier and customer invoices with 100% accuracy.
- Prepare the profit and loss statement after five working days of the following month.

Employment Type:
Full-time.