Senior Accountant

1. Job summery

An Accounting Section Head directs daily accounting operations, oversees month-end and year-end closes, and manages junior staff. They specialize in supply-chain finance, ensuring accurate tracking of inventory valuation, cost of goods sold (COGS), variance analysis, and intercompany reconciliations. 

1. Detail Responsibilities

Cost Accounting & Inventory Management

• Cost Tracking: Monitor job costing, overhead allocation, and the standard cost of raw materials and finished goods.
• Variance Analysis: Identify and report discrepancies between standard manufacturing costs and actual expenses.
• Inventory Control: Supervise periodic physical inventory audits, reconcile system records with warehouse counts, and track slow-moving or obsolete stock.

General Ledger & Financial Reporting

• Month-End Close: Manage the financial close process, reviewing and approving journal entries, accruals, and account reconciliations.
• Financial Statements: Prepare accurate management accounts, balance sheets, and cash flow statements in compliance with reporting standards (GAAP/IFRS).
• Distribution & Logistics: Track shipping/freight costs and review intercompany billing for distribution networks. 

Team Leadership & Internal Controls

• Staff Supervision: Assign tasks, set KPIs, and conduct performance reviews for accounts payable, accounts receivable, and stock accountants. 
• Mentorship: Train the team on accounting software (e.g., SAP, ERPs) and internal control best practices. 
• Process Improvement: Evaluate current accounting workflows and design efficiencies to minimize financial risks and improve productivity. 

Auditing, Tax & Compliance

• Audit Preparation: Coordinate with internal and external auditors, providing required work papers and financial documentation.
• Taxation: Ensure compliance with local tax laws by calculating and filing returns (e.g., VAT, corporate tax)