Chief Accountant

Chief Accountant

Location:

Manama, B13, BH (In person, Full time).

The Chief Accountant will oversee the financial and accounting operations of AZCS and its associated entities. The role combines high‑level strategic financial planning, team leadership, risk management, and hands‑on operational control over accounts receivable, budgeting, property management, and inter‑company systems alignment.

• Head the AZCS Accounts Department.
• Train, upskill, and cross‑train team members to ensure coverage during employee leaves.
• Partner with the management team on day‑to‑day operations and strategic decisions.
• Present strategies to improve efficiency, reduce costs, and maximize profitability.
• Assist the President in managing Tree of Life / Afnan Flowers.
• Conduct regular meetings, performance reviews, and provide constructive feedback to the manager and team.
• Prepare accurate weekly sales reports, monthly and annual financial statements (balance sheets, income statements), and detailed financial analysis.
• Maintain the general ledger; perform full account reconciliations; manage deferred charges and interest journal entries; compile the schedule of fixed assets with depreciation.
• Fully utilize the ERP system to produce timely MIS reports.
• Finalize and match data between Sage and Odoo systems once entries are complete.
• Resolve any backlog bank reconciliations.
• Control expenditures and optimize procedures to shorten transaction times without compromising company interests.
• Assess and issue customer credit codes based on management‑approved limits.
• Check profit margins before quotations are sent to customers (ensuring below‑budget margins receive explicit management approval).
• Monitor, maintain, and manage the accounts receivable ledger.
• Actively contact customers regarding overdue invoices, manage collection efforts, and issue formal collection letters/statements.
• Track customer counter readings.
• Maintain monthly lease computation records and generate lease invoices, IT invoices, copy‑center invoices, and other non‑itemised billings.
• Oversee daily bank checks, enter receipts, and ensure all bank transactions are accurately recorded.
• Perform monthly bank reconciliations to resolve discrepancies with company records.
• Handle total cost of ownership (TCO) computations, commercial quotations, and tender costings.
• Open and settle all letters of credit (L/Cs) for the AZCS group of companies.
• Monitor stock levels against market trends, seasons, and import lead times to maintain healthy inventory levels.
• Alert management proactively to liquidate slow‑moving or obsolete stock.
• Ensure strict compliance with tax regulations by accurately calculating and filing VAT returns, maintaining records, and reconciling VAT accounts.
• Act as the primary liaison for external auditors; prepare documentation, respond to audit queries, and implement corrective actions raised in the auditor’s management letter.
• Manage day‑to‑day accounts for Al Zayani Commercial Services, Kone, and Tree of Life (including preparing Tree of Life entries in coordination with Mr. Mohideen Muhammedkutty).
• Handle RICOH product consultations/accounting upon successful TCO training.
• Partner with real estate agencies to lease vacant spaces.
• Ensure lease contracts protect the owners’ interests and comply fully with Bahrain law.
• Collect rent timely and settle owner dues promptly.
• Present strategic plans and budgets for building maintenance/renovations while ensuring service providers are on valid, cost‑effective contracts.
• Train on alternative tasks within AZCS as directed by management.
• Perform other related tasks as assigned by the direct supervisor.
• Be prepared for the company’s right to transfer the employee to a similar role within the company’s scope.

In person.