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