Chief Accountant - Payable

Apply on the Job Website; Bahrain; On-site; BHD 12,000 - 24,000; Full time

Job summary

Apply on the Job Website is seeking an experienced finance professional to oversee comprehensive accounting and financial management in a manufacturing/industrial context. The role focuses on AP/AR, GL, tax compliance, and payroll, with oversight of cash flow and treasury support.

The ideal candidate has 7+ years of accounting experience, strong ERP skills (Oracle preferred), and excellent analytical and communication abilities to interact with auditors and external stakeholders.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field (CPA/CA/ACCA preferred).
• Minimum 7+ years of experience in accounting and finance (manufacturing or industrial sector preferred).
• Strong knowledge of general ledger, financial reporting, and project accounting.
• Experience with ERP systems (Oracle preferred).
• Solid understanding of VAT, taxation, and compliance requirements.
• Proficient in MS Excel and financial modeling.
• Excellent organizational, analytical, and problem-solving skills.
• Strong interpersonal and communication skills.

Responsibilities

• Accounts Payable & Receivable Management: manage AP/AR, vendor relations, check disbursements, and receipts.
• Track and safeguard Post-Dated Cheques (PDCs) issued to vendors and collected from customers.
• Ensure no customer monies remain unallocated in suspense accounts.
• General Ledger & Project Accounting: maintain the general ledger, control accounts, and project accounting; post journal entries.
• Lead monthly financial close, ensuring accuracy of financial statements and control accounts.
• Banking & Reconciliations: verify bank reconciliations for multi-currency accounts; investigate abnormal charges.
• Purchasing & PO Management: ensure goods/services received against authorized POs; follow up on variances; review open POs in Oracle every ~6 months.
• Cash Flow & Treasury Support: prepare weekly cash flow reports; assist cash forecasting and reporting to CFO; support weekly/monthly cash flow planning.
• Compliance, Audit & Taxation: liaise with external auditors; prepare VAT filings and communications with authorities; ensure compliance with regulations.
• Payroll & Reporting: handle payroll accounting and related reconciliations; provide financial information to external stakeholders.

Skills

Accounting & Finance

Financial reporting

GL & project accounting

MS Excel

Financial modeling

Interpersonal skills

Communication skills

Education

Bachelor’s degree in Accounting/Finance

CPA/CA/ACCA preferred

Tools

Oracle ERP

Job description

Key Responsibilities

• Accounts Payable & Receivable Management
• Manage Accounts Payable, including vendor relations, check disbursements, and receipts.
• Track and safeguard Post-Dated Cheques (PDCs) issued to vendors and collected from customers.
• Ensure no customer monies remain unallocated in suspense accounts.
• General Ledger & Project Accounting
• Maintain the general ledger, control accounts, and project accounting.
• Post relevant journal entries for sales, purchases, and other transactions.
• Lead monthly financial close, ensuring accuracy of financial statements and control accounts.
• Banking & Reconciliations
• Verify bank reconciliations for all multi-currency bank accounts.
• Investigate and resolve any abnormal charges or credits.
• Oversee weekly petty cash counts and ensure compliance with cash handling policies.
• Purchasing & PO Management
• Ensure goods/services are received against authorized POs per company policy.
• Follow up on price/quantity variances with departments and vendors.
• Perform bi-monthly reviews of open POs in Oracle and close any outstanding beyond ~6 months.
• Cash Flow & Treasury Support
• Prepare weekly cash flow reports (Direct Method).
• Assist management in cash forecasting and reporting to CFO.
• Support Treasury & Risk with weekly/monthly cash flow planning.
• Compliance, Audit & Taxation
• Liaise with external auditors and respond to audit/tax queries.
• Prepare and submit VAT filings and handle related communications with authorities.
• Ensure compliance with financial regulations and internal policies.
• Payroll & Reporting
• Handle payroll accounting and related reconciliations.
• Provide financial information and reports to external stakeholders when required.

Skills

• Bachelor’s degree in Accounting, Finance, or a related field (CPA/CA/ACCA preferred).
• Minimum 7+ years of experience in accounting and finance (manufacturing or industrial sector preferred).
• Strong knowledge of general ledger, financial reporting, and project accounting.
• Experience with ERP systems (Oracle preferred).
• Solid understanding of VAT, taxation, and compliance requirements.
• Proficient in MS Excel and financial modeling.
• Excellent organizational, analytical, and problem-solving skills.
• Strong interpersonal and communication skills.