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Chief Accountant

Job Title: Chief Accountant
Contract Type: Permanent
Location: Erbil, Iraq
REF: 1518
Contact Name: Ghusoon Nader
Job Published: 12 months ago

Job Description

MSELECT is looking to hire a Chief Accountant for an oil services client in Erbil. Minimum 7–10 years of experience in the field with Oil & gas background, fluency in English is a must. 

  • Control over the compliance with the applicable legislation requirements and with the terms of concluded agreements related to the Company’s accounting and financial reporting.
  • Control over the execution of the General Director’s, the Branch Head - Operating Director’s, the Company’s Management’s (First Deputy – Financial Director, Deputy of Director for Finance – Financial Controller) and Shareholders’ assignments related to the organization of accounting and financial reporting in accordance with the applicable legislation and the Company’s internal normative documents.
  • Control over the compliance with the Company’s internal normative documents related to the accounting and financial reporting, including with the IFRS Accounting Policy and IFRS Accounting Procedure.
  • Approval of documents related to the Accounting office activities in accordance with the rules established in the Company’s internal normative documents, including the Matrix of Roles and Responsibilities.
  • Managing the process of preparation and approval of the Company’s charts of accounts, forms of primary accounting documents, forms of internal accounting reporting.
  • Control over property and liabilities stocktake, documentation of the results and control over completeness and correctness of stocktake results recording in accounting.
  • Organization of internal control system (risks identification, assessment, control procedures development) over the correctness of business transactions recording, over compliance with the accounting document flow requirements, over processing of accounting information and its protection against unauthorized access.
  • Participation in the automatization of the accounting and IFRS reporting process in accordance with the IFRS requirements, providing accounting information for internal and external users, including regulators and Company’s shareholders.
  • Managing the process of preparation, collection and storage of accounting supporting documents for the purpose of accounting and ensure timely and accurate recording of Company’s business activities, asset movements, generation of income and expenses, fulfillment of obligations at the accounts.
  • Managing the process of accurate financial statements preparation in compliance with the IFRS requirements.
  • Arrangement the cooperation with counterparties providing an accounting and tax services to the Company.
  • Control over regular reconciliation of accounts with counter parties.
  • Cooperation and control over Company’s financially liable persons’ performance.
  • Supporting internal and external audits.
  • Managing Accounting office activities, including control over timely and efficient achievement of job responsibilities, business unit’s tasks and objectives by the Employee of Accounting office.
  • Ensure the safety of the Company’s confidential information and control over receiving, storage and usage of confidential information by the employees of accounting office.
  • Control over accounting office employees’ job descriptions maintenance in the current status.
  • Arrangement of accounting office employees’ ongoing professional development.
  • Control over compliance with the Occupational Health and Safety requirements and Fire Safety requirements by the Accounting office employees.
  • Higher professional (finance / accounting and audit / economics).
  • The availability of international certification in the field of financial accounting (ACCA, ACA, CIMA, CPA) - is an advantage.
  • Knowledge in the field of accounting according to the IFRS.
  • Being familiar with the specifics of the oil industry and accounting of the infrastructure projects is an advantage.
  • English – fluent.
  • At least 7-10 years in the head of accounting.
Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.