Chief Accountant

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