About this role
Head of Accounting
Purpose of the position The Head of Accounting is responsible for the accounting of 20+ Corporate entities and Holding Companies (including country Holdco) leading a team of five people to ensure that financial transactions are recorded accurately and in compliance with accounting standards, the preparation of statutory financial statements in compliance with local GAAP / IFRS, providing financial analysis and advice to senior management, group reporting, tax returns in cooperation with the tax team. The Head of Accounting will contribute to the legal / tax / financial structuring of business development activities. Depending on person specification, be able to assist FP&A for specific projects, and provide initial technical advice on IFRS subjects.
Key activities and competencies
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Strategic o Contribute to the legal, tax, and financial structuring of business development activities. o Provide initial technical advice on IFRS subjects.
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Operational o Manage the day-to-day operations of the accounting department, including accounts payable, accounts receivable, general ledger, and treasury. o Prepare statutory financial statements for group companies and holding entities. o Ensure VAT and tax returns are filed on time. o Prepare monthly, quarterly, and annual Group reporting.
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Organisational o Ensure that financial transactions are recorded accurately and in compliance with accounting standards. o Develop and implement accounting policies and procedures to ensure compliance with regulatory requirements including tax and VAT. o Ensure that internal controls are in place and operating effectively. o Contribute actively in the transformation of the Finance through Automation, digitalization, process and control. o Propose new way of working to improve efficiencies and process
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Planning & Delivery of Work o Provide financial analysis and advice to senior management to support decision-making. o Stay up-to-date with changes in accounting standards and regulations. o Manage the relationship with external auditors and ensure timely completion of audits. o Be responsible for the delivery of work to ensure the right level of quality and timeliness.
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Working with others o Manage and mentor the accounting team to improve their skills and knowledge. o Work collaboratively with other departments to achieve company goals and objectives.
Experience
- o 10+ years of experience in accounting, with at least 5 years in a managerial role, ideally with Big 4 audit firm background.
- o Experience of working in Corporate HQ, Leading Accounting function of a share service centre and experience of accounting of joint venture companies or similar.
- o Strong analytical reasoning.
Knowledge and Skills:
- o Strong knowledge of accounting principles, international accounting practices (IFRS) standards, and local tax regulations.
- o Excellent communication, leadership, and team management skills.
- o Experience managing the accounting function in a complex, fast-paced environment.
- o Strong problem-solving and analytical skills.
- o Strong appetite for continuous improvement.
- o Ability to work collaboratively with other departments and stakeholders.
- o Excellent IT and systems skills. Experience with ERP systems (SAP highly preferred). SAP implementation experience is a plus.
- o Advanced proficiency in Microsoft Excel and Microsoft Office.