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Chief Accountant

Date:  11 Sep 2024
Company:  Air Arabia Maroc (3O)
Location: 

MA

Country:  MA

Job Purpose

  • The control and use of Company financial resources.
  • The performance of the Accounts team.
  • Audit reports.

Key Result Responsibilities

  • Manages the Accounting team and ensures completion of financial accounts in accordance with Moroccan accounting standards.
  • Generates monthly financial reporting file after necessary accruals and analysis of major gaps.
  • Prepares quarterly financial statements in MGAAP and IFRS.
  • Prepares annual financial reports (in MGAAP and IFRS)
  • Prepares financial information (ETIC), annual tax applications and payment.
  • Maintains relationships with auditors so they can complete their mission without reserves.
  • Validates and process monthly tax applications (VAT, Withholding tax).
  • Coordinates and finalizes VAT claim folder
  • Supervises and controls the daily bank & cash situation.
  • Ensures payments on time for all suppliers.
  • Supervises and controls bank accounting and bank reconciliations for all banks
  • Prepares annual tax applications (advance tax, professional tax)
  • Supervise airport tax applications, payment and updates.
  • Coordinate with ODC for approvals.
  • Develops and maintains relationships with banking
  • Update charts of accounts and finance procedure.
  • Provides guidance and support to others in the Finance Department, on both cost and revenue issues, in accordance with Air Arabia policies.
  • Contributes to the development of internal control policies, guidelines, and procedures. 1
  • Ensures completion of Revenue accounts in accordance with international accounting standards.
  • Controls the payments receipt and bank guarantees
  • Monitors financial activities of the GSAs and travel agents and their payments.
  • Monitor debtors position of the company
  • Arranges for debt repayment or establish repayment schedules, based on customers' financial situations. 24. Records information about financial status of customers and status of collection efforts

Qualifications (Academic, training, languages)

  • Bachelor degree in Accounting / Finance/Commerce or equivalent from a recognized university; alternately a related degree combined with required experience and exposure is acceptable.
  • CA (Chartered Accountant) or CPA (Certified Public Accountant) certificates are preferable.
  • Capable of using technology systems and tools mainly finance related ones.
  • Proficient in Microsoft Office- Advanced Excel, Access, Word, Power Point skills, Internet and Web Search.
  • Cost Control, Compliance, Budgeting and Auditing certificates and trainings are an added value and some may be treated as conditional for this role.
  • Good communication skills.
  • Moroccan Nationality is a must

Work Experience

  •  7+ years of similar experience in corporate finance/accounting in Airlines Industry for a company operating on regional or multinational level; a minimum of 3 years at least handling cost areas related to Engineering and Maintenance sections; experience with low cost airline is an advantage.
  • Sound knowledge in financial control and accounting fundamentals such as SFAS (Statements of Financial Accounting Concepts), accounting procedures, systems and process flow is a pre-requisite.
  • Thorough knowledge in aircrafts engineering and maintenance systems and processes.
  • Strong math and numerical reasoning ability and high accuracy are mandatory for this role.
  • Familiar with formalities and pre-requisites associated with internal and external audits.
  • Has worked on preparing budgets and monitoring expenditure in line with agreed targets.
  • Cost-oriented, possesses effective negotiation and problem solving skills.
  • Experienced in a computerized accounting environment with exposure on financial models and new technologies.
  • Ability to: produce, interpret, assimilate data and express ideas and concepts clearly.
  • Experienced in leading/ developing a team of professionals with heavy work-load and ad-hoc scenarios.
  • Capable of meeting deadlines without compromising quality of outcome.
  • Capable of identifying irregularities, high attention to details and ability in adhering to procedures.
  • Employs technical expertise, and interpersonal relations to interact with senior level stakeholders, external providers, and external auditors to support company’s objectives.
  • Experienced in measuring team’s performance against policies, procedures, business needs, and in line with adopted regulations and approved standards.
  • Demonstrates the ability to contribute and successfully deliver against business strategy and set KPIs

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