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About the job Chief Accountant

Job Title:

Chief Accountant

Department:

Finance

Reports To:

Financial Manager

Job Summary

Chief Accountant is responsible for overseeing the full financial operations of the company,

including accounting, financial reporting, and operational financial control across purchasing

and warehouse functions.

This role acts as a key link between finance and operations, ensuring financial discipline, cost

efficiency, and accurate inventory and purchasing control, while supporting the CFO in strategic

and operational decision-making.

Key Responsibilities

1. Financial Reporting & Accounting Oversight

Supervise full accounting cycle (GL, AP, AR, Inventory, Banks)

Ensure timely monthly closing and accurate financial statements

Review financial reports and provide variance analysis

Support CFO with financial insights and board-level reporting

2. Operational Financial Control (Core Role)

Act as financial controller over Purchasing and Warehouse departments

Ensure proper financial flow across:

o Purchase Requests Approvals Procurement Inventory Accounting

Monitor adherence to budgets and cost controls across operations

3. Purchasing Control & Cost Optimization

Review and validate purchase requests financially

Ensure RFQ and vendor comparison processes are properly followed

Monitor price variances and supplier performance

Support negotiation strategies through cost analysis

Align purchasing decisions with financial plans and cash flow

4. Inventory & Warehouse Financial Oversight

Ensure accurate inventory valuation and recording

Monitor stock movement and reconciliation

Review inventory KPIs:

o Stock accuracy

o Shrinkage

o Slow-moving items

Ensure proper cost allocation (materials, production, overhead)

5. Costing & Profitability Management

Analyze COGS structure and cost drivers

Evaluate product profitability (local vs global / manufacturing vs outsourcing)

Support pricing strategy with data-driven insights

Identify cost-saving opportunities

6. Cash Flow & Treasury Support

Monitor cash flow and working capital

Coordinate with CFO on liquidity planning

Oversee bank reconciliations and payment cycles

7. Team Leadership

Lead accounting team and supervise daily operations

Ensure clear task ownership and performance tracking

Train and develop team members

Coordinate with purchasing and warehouse leaders

Key KPIs

Monthly closing timeline

Financial reporting accuracy

Inventory accuracy %

Stock variance level

Cost savings achieved

Budget adherence

Cash flow efficiency

- Qualifications

Bachelor's degree in Accounting / Finance

6-9 years of experience

Strong experience in accounting + operations control

Professional certification is a plus

- Required Experience

Accounting & financial reporting

Inventory accounting

Costing & COGS analysis

- Hands-on experience with:

o Purchasing cycle

o Warehouse operations

Skills

Strong analytical mindset

Leadership & team management

Cross-functional coordination

Advanced Excel / Google Sheets

ERP systems experience (Zoho, Odoo, SAP)

Role Positioning (Important)

This role acts as:

Second line to Financial Manager (Execution & Control Role)

Responsible for day-to-day financial & operational control

Bridges Finance with Purchasing & Warehouse