Title:  Accounting Manager

Core Job Information

Job Title

Accounting Manager

Function

Finance / Accounting

Location

Head Office

Business

Band / Level

Managerial

Reports To

(Job title/Band)

SFP&A Manager

Direct Reports

 (If any)

Head Office Accounting & Finance

Job Summary

The Accounting Manager oversees core accounting operations including general ledger, accounts payable, fixed assets, treasury, and management reporting. The role ensures compliance with IFRS, Zakat, VAT, and WHT regulations, supports internal and external audits, strengthens internal controls, and delivers accurate, timely financial information to management.

Job Responsibilities

Key Area

Key Responsibilities

General Ledger (GL) Management

• Oversee the integrity and accuracy of the general ledger.
• Review and approve journal entries, accruals, and account reconciliations.
• Manage timely month-end and year-end closing processes.
• Maintain the chart of accounts and ensure compliance with IFRS/GAAP

Accounts Payable (AP) Management

• Lead the AP function, ensuring accurate invoice processing, vendor account reconciliation, and on-time payments.
• Implement controls to prevent duplicate, unauthorized, or late payments.
• Monitor AP aging, resolve vendor disputes, and support procurement in vendor evaluations.
• Ensure compliance with company policies and authorization matrices.

Fixed Assets Management

• Manage the fixed asset register, including additions, disposals, transfers, and depreciation
• Ensure proper capitalization in accordance with accounting standards
• Conduct periodic physical verification and reconciliation to ensure asset integrity.
• Strengthen fixed asset controls and documentation processes

Treasury & Cash Management

• Monitor daily cash flow and maintain optimal liquidity for operational needs.
• Manage banking relationships, including coordination of financial services and bank facilities.
• Oversee cash forecasting and working capital monitoring.
• Review and authorize bank payments, ensuring adherence to internal controls.

Tax Compliance (Zakat, VAT, WHT)

• Ensure compliance with Zakat, Value Added Tax (VAT), and Withholding Tax (WHT) regulations.
• Prepare, review, and submit periodic tax filings in a timely manner.
• Maintain accurate tax records and ensure proper documentation for audits and inspections.
• Liaise with tax advisors and authorities to resolve issues and ensure compliance with regulatory updates.

Internal & External Audit Coordination

• Lead preparation of audit schedules and respond to audit requests
• Coordinate with internal audit teams to support controls testing and compliance reviews
• Implement audit recommendations and enhance internal control frameworks.
• Ensure readiness for statutory audits, tax audits, and regulatory inspections.

Compliance & Internal Controls

• Maintain and strengthen internal controls across accounting, tax, treasury, and reporting processes
• Ensure compliance with IFRS/GAAP, corporate policies, and local regulatory requirements
• Participate in risk assessments and recommend improvements to enhance financial governance

Management Reporting

• Prepare monthly and quarterly management reports with variance analysis
• Ensure reporting accuracy, clarity, and timeliness
• Provide financial insights to support decision-making when required
• Maintain documentation and schedules to support management information systems

Leadership and People Development

• Conduct regular performance reviews for direct reports, providing constructive feedback and identifying areas for improvement to drive individual growth and team success.
• Create and implement Individual Development Plans (IDPs) tailored to enhance performance, support skill development, and promote professional growth.
• Foster a culture of continuous learning by identifying opportunities for employees to expand their expertise, attend relevant training, and develop leadership capabilities.
• Empower team members through clear goal setting and performance expectations, promoting accountability and encouraging proactive problem-solving and decision-making.

Key Result Areas (KRAs)

• Financial Accounting & GL Control
• Treasury & Cash Management
• Accounts Payable & Fixed Assets Management
• Tax Compliance (Zakat, VAT & WHT)
• Audit, Compliance & Internal Controls
• Management Reporting & Team Effectiveness

Key Interfaces of the role

Internal Interface

• Sales & Marketing
• Commercial & Logistics
• HO Accounting & Finance
• HR, IT & Corporate Affairs

External Interface

• Head Office Finance (AKMS)
• External Auditors
• AMG Internal Audit
• Subsidiary Companies

Key Competencies

Technical Competencies

• Solid expertise in GL, AP, fixed assets, treasury, and month-end closing
• Strong knowledge and hands-on experience with Zakat, VAT, and WHT compliance
• Thorough understanding of IFRS/GAAP and internal control frameworks
• Experience working with SAP-ERP (Must)
• Advanced Excel & Power point skills

Professional Competencies

• Analytical Thinking / Problem Solving
• Attention to Details
• Responsibility/ Accountability
• Effective Communication
• People Management

Job Specification

Essential Requirements

Desirable Attributes

Educational Qualifications

• Bachelor’s degree in finance and accounting

• Chartered Accountancy (ACCA / CPA)

Experience

• 8+ years of progressive experience in accounting / financial reporting & compliance environments

• Experience in FMCG industry

Any Others

• Proficiency in written and verbal English language

• Bilingual (English & Arabic)