Certified Public Accountant📣 Job Ad

Chief Accountant
Join us as a Chief Accountant and provide vital support for overseeing the financial operations and management of the accounting department. In this role, you will be responsible for ensuring accurate financial reporting and compliance with regulations.

• Overseeing financial operations
• Management of the accounting department
• Ensuring compliance and regulations

Job Summary:
Join 77 Media Services Company as a Senior Accountant and play a vital role in managing and maintaining financial records. You will prepare financial statements and ensure compliance with regulatory requirements, consolidating financial information from various subsidiaries while supporting strategic decision-making processes.

Key Responsibilities:

• Financial Reporting and Analysis:
  • Prepare consolidated financial statements for the holding company and its subsidiaries.
  • Analyze financial data and provide insights to support strategic planning.
  • Assist in the preparation of budgets, forecasts, and financial projections.
• General Ledger and Accounting:
  • Maintain and reconcile general ledger accounts.
  • Ensure accurate and timely month-end and year-end close processes.
  • Prepare journal entries and ensure proper documentation.
• Regulatory Compliance:
  • Ensure compliance with GAAP, IFRS, and other relevant accounting standards.
  • Coordinate with external auditors and manage audit processes.
  • Stay updated with changes in financial regulations and implement necessary adjustments.
• Intercompany Transactions:
  • Monitor and reconcile intercompany accounts and transactions.
  • Ensure proper allocation of shared expenses and revenues among subsidiaries.
• Tax Compliance:
  • Prepare and file tax returns for the holding company and its subsidiaries.
  • Ensure compliance with local, state, and federal tax regulations.
  • Liaise with tax advisors and regulatory bodies as needed.
• Financial Systems and Processes:
  • Implement and maintain robust financial controls and procedures.
  • Enhance accounting processes to improve efficiency and accuracy.
  • Utilize accounting software and tools effectively.
• Support and Collaboration:
  • Collaborate with subsidiary finance teams to ensure consistency and accuracy in financial reporting.
  • Provide support for mergers, acquisitions, and other corporate transactions.
  • Assist in special projects and perform ad hoc financial analysis as required.

Qualifications & Skills:

• Education: Bachelor’s degree in Accounting, Finance, or related field. CPA or equivalent certification preferred.
• Experience: 35 years of experience in accounting or finance, preferably within a holding company or corporate environment. Experience with consolidation of financial statements and intercompany accounting.
• Language Skills: Fluent in Arabic and English (spoken and written) – required for professional communication. Additional language skills are a plus.
• Skills: Strong knowledge of GAAP, IFRS, and other relevant accounting standards. Proficiency in accounting software (*, QuickBooks, ZohoBooks, Oracle) and Microsoft Office Suite (Excel, Word, PowerPoint). Excellent analytical, problem-solving, and organizational skills. Strong attention to detail and accuracy. Effective communication and interpersonal skills.

Competencies:

• Analytical Thinking: Ability to analyze financial data and provide actionable insights.
• Detail-Oriented: Keen attention to detail to ensure accuracy in financial reporting.
• Integrity: High ethical standards and professionalism in handling sensitive financial information.
• Collaboration: Ability to work effectively with cross-functional teams and subsidiaries.
• Adaptability: Flexibility to adapt to changing business needs and regulatory requirements.

Working Conditions:
Standard office environment with occasional travel to subsidiaries as required. Full-time position with potential for extended hours during peak financial periods (*, month-end, year-end).