Chief Accountant - Payable

Explore more jobs; Bahrain; On-site; BHD 20,000 - 36,000; Full time

Job summary

Explore more jobs in Bahrain seeks a Senior Accountant to manage end-to-end accounting for manufacturing operations. You will oversee AP/AR, GL, project accounting, VAT, payroll, and financial reporting, ensuring accuracy and compliance.

The role requires 7+ years in accounting, ERP experience (Oracle preferred), strong Excel skills, and excellent communication. You will lead monthly closes, cash flow monitoring, audits, and liaise with auditors and authorities.

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 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

Accounts payable & receivable

Vendor relations

PDC tracking

General ledger

Project accounting

Journal entries

Monthly close

Bank reconciliations

Cash handling

Purchasing & PO management

Oracle ERP

VAT & taxation

Excel & financial modeling

Payroll accounting

Financial reporting

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.