Position Overview :-
The Accounting Manager will play a crucial role in overseeing and managing all financial aspects of our projects and operations. The ideal candidate will have a strong background in accounting, financial management, and construction industry practices, along with exceptional leadership and communication skills.
Main Tasks and Responsibilities :-
- Oversee the company's financial operations, including budgeting, forecasting, cash flow management, and financial reporting.
- Monitor projects budgets, costs, and revenue recognition. Collaborate with project managers to ensure accurate financial tracking and reporting for ongoing construction projects.
- Maintain and reconcile the general ledger, ensuring accuracy and compliance with accounting standards.
- Logging of accruals, prepayments, and provisions as per needed.
- Ensure periodic bank reconciliations, tracking of credit facilities and loans, and confirm interests and commission fees are as per agreements.
- Lead the month-end and year-end closing processes, including preparing and reviewing financial statements, reconciliations, and journal entries.
- Ensure compliance with all applicable tax regulations, and ensure governmental declarations in accurate and timely manner.
- Manage accounts payable processes, including reviewing and approving vendor invoices and coordinating payments to subcontractors and suppliers based on project progress reports.
- Manage accounts receivables, including periodic SOA reconciliations, collection, and aging reports.
- Register fixed assets and associated depreciation.
- Implement and maintain strong internal controls to safeguard company assets and ensure accurate financial reporting.
- Manage and control payroll and human resources related expenditures.
- Enforce and oversee inventory control procedures, and perform inventory counts periodically. Investigate and adjust system levels accordingly.
- Coordinate and support external audits, providing auditors with the necessary documentation and explanations as required.
- liaise with external auditors to ensure complete implementation of approved accounting transformation plan.
- Conduct regular financial analysis to identify trends, opportunities for cost savings, and areas for operational improvement.
- Manage the accounting team, distribute responsibilities and tasks between team members efficiently.
- Mentor the accounting team, provide guidance, performance evaluations, and conduct or suggest needed trainings to improve performance.
- Continuously identify opportunities to streamline and improve accounting processes to enhance efficiency and accuracy.
- Stay updated on industry regulations, accounting standards, and best practices, ensuring the company's financial practices remain compliant.
Qualifications :-
- Bachelor's degree in Accounting, Finance, or a related field. CPA designation preferred.
- Proven experience (7+ years) in accounting or finance roles, with a minimum of 4 years of experience in the construction industry.
- Strong understanding of construction accounting principles, project cost tracking, and revenue recognition.
- Proficiency in accounting software and Microsoft Excel.
- Prior experience managing a team and demonstrated leadership abilities.
- Exceptional analytical, problem-solving, and communication skills.
- Detail-oriented with a high degree of accuracy in financial reporting.
- Ability to work in a fast-paced environment and meet deadlines.
- Strong organizational skills and the ability to prioritize tasks effectively.
- Experience with financial analysis, budgeting, and forecasting.
- Fluency in French language.