Job purpose:

The Accounting Manager is responsible for planning and directing accounting and reporting activities. This includes developing and implementing accounting policies and financial principles, overseeing audits, and managing all aspects of the ARMS’s accounts receivable (AR), accounts payable (AP), payroll, and balance sheet activities. The role involves recording and monitoring financial movements, supervising corporate accounting functions, and establishing procedures, systems, and controls for new and improved financial systems. Additionally, the Manager ensures compliance with all relevant accounting standards

Core Responsibilities:

• Leverage the group Finance function and coordinate with the AIC Finance team during the team-building phase for all accounting activities.
• Develop and maintain accounting policies and procedures, ensuring compliance with international accounting standards and applicable laws, supported by AIC’s finance team.
• Verify and review transaction flows to ensure accurate posting to ARMS’s general ledger, reflecting financial transactions according to ARMS’s accounting procedures and relevant standards.
• Communicate the schedule for month-end and year-end closing activities to all stakeholders to ensure timely execution and reconciliation of general ledger accounts.
• Manage disbursement activities, ensuring timely payment processing to vendors and accurate reconciliation of employee monthly payments submitted by the payroll team.
• Oversee all reconciliation activities, ensuring accurate recording of cost centers and expenses.
• Review accounts payable transactions and monitor aging payables to maintain effective control over payments, addressing discrepancies with stakeholders as necessary.
• Classify and measure financial assets based on business model assessments and conduct the SPPI test.
• Manage ARMS's cash and cash flows, including planning, analysis, and forecasting.
• Develop and maintain an effective internal control system to ensure financial data accuracy and safeguard ARMS’s assets.
• Foster relationships with banks, suppliers, and relevant government entities.
• Support the finance team in the ARMS’s annual budgeting process and prepare financial forecasts.
• Manage and develop the accounting team to maintain high efficiency and performance
• Manage the development and review of periodical financial reports and statements related to payables, collections, disbursements, and audits, keeping management informed about ARMS’s financial health.
• Prepare ad hoc accounting reports as needed for ARMS key stakeholders and the AIC finance team to support management in decision-making.
• Liaise with internal and external auditors to provide necessary information and documentation for audit assignments and resolve any outstanding queries
• Comply with GAZT regulations and ensure proper recording and periodic settlement of all GAZT-related activities for ARMS
• Translate the overall strategy into annual operational business plans for the Accounts division, monitoring performance annually to ensure alignment.

Qualification & Experience:

• Bachelor’s degree in Accounting or any other relevant field.
• Minimum of 6 years of professional experience in accounting with at least 3 years of managerial responsibilities
• Professional Certification in Accounting or Finance such as SOCPA, CPA, ACCA, CFA, CMA, is preferred