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Role Summary:
A private household with multiple properties and a large number of staff is seeking an experienced and highly organized Household Accountant. The ideal candidate will manage comprehensive accounting operations across several cost centers, including residences, staff payroll, vehicles, events, and other household services.
This position requires strong financial expertise, advanced reporting skills, and a high level of discretion.
Key Responsibilities:
• Financial Management:
• Oversee and maintain detailed accounts for multiple cost centers (residences, staff, vehicles, events, maintenance, etc.).
• Develop and monitor detailed budgets for each cost center, consolidating into an overall household financial report.
• Accounting and Reporting:
• Record all household transactions promptly and accurately.
• Prepare monthly, quarterly, and annual financial statements with variance analyses.
• Track and manage cash flow requirements across different operations.
• Payroll and Staff Management:
• Manage the payroll process for a large household staff, including salaries, benefits, bonuses, and end-of-service calculations.
• Ensure compliance with local employment regulations.
• Vendor and Procurement Oversight:
• Review, verify, and process payments to vendors, contractors, and service providers.
• Monitor contracts and agreements to ensure timely renewals and cost control.
• Audit and Compliance:
• Maintain organized and complete financial records in preparation for internal or external audits.
• Ensure compliance with all applicable financial regulations and tax requirements.
• Petty Cash and Expense Management:
• Administer and reconcile multiple petty cash accounts used across properties and household operations.
• Process Improvement:
• Identify and recommend financial process improvements to ensure operational efficiency and cost optimization.
• Confidentiality and Discretion:
• Handle all sensitive financial information with the utmost confidentiality and professionalism.
Qualifications:
• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA, CMA, or equivalent professional qualification preferred.
• Minimum of 5–7 years of accounting experience, preferably within a private household, estate management, or family operations setting.
• Proven experience managing multiple cost centers and large payroll operations.
• Strong proficiency in accounting systems (e.g., QuickBooks, Xero, Oracle) and advanced Excel skills.
• Excellent organizational, analytical, and problem-solving abilities.
• Ability to communicate clearly and effectively with principals and household management.
• High level of integrity, professionalism, and discretion.
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