Head of Accounts

Job Description

Job Description

Function / Position : Head of Accounts

Reporting Line : Chief Financial Officer (CFO)

Functional Team Size : 6 Direct Reports

Role Purpose

The Head of Accounting leads end-to-end accounting and financial operations, ensuring the highest standards of accuracy, transparency, and regulatory compliance. This role oversees core accounting functions including Accounts Receivable, Accounts Payable, General Ledger, and month-end closures, while supporting cost control, inventory valuation, and export-related financial documentation.

The ideal candidate will be a seasoned finance professional with experience operating in complex, multinational environments. Background within the Oil & Gas sector (downstream experience preferred) or the broader Energy industry is highly desirable. Candidates with audit firm experience and a strong understanding of IFRS and manufacturing operations will be considered a strong value add.

Key Responsibilities

Financial Operations Management

• Lead and manage day-to-day accounting operations to ensure accurate, timely, and compliant financial reporting.
• Implement and maintain strong internal controls and accounting standards in line with IFRS and local GAAP.
• Ensure effective functioning of financial systems supporting sales, production, procurement, and logistics.
• Manage bank reconciliations and coordinate with treasury to monitor cash flow, maintain liquidity, and optimize working capital.

Accounts Receivable (AR) Management

Accounts Payable (AP) Management

Monthly, Quarterly & Year-End Financial Closing

Cost Accounting & Inventory Control

Audit, Compliance & Governance

Team Leadership & Development

Scope of Action

Key Deliverables

Key Stakeholders

Competencies, Qualifications & Experience

Key Technical Competencies

Strong expertise in IFRS, month-end and year-end closings, balance sheet integrity, and management reporting within complex, regulated environments.

Deep understanding of product costing, BOM validation, inventory valuation (RM, WIP, FG), and variance analysis within a manufacturing or energy-related business.

Proven capability in managing AR across international markets, including export invoicing, customs documentation, DSO optimization, and collections.

Strong command over AP processes, vendor management, cash flow forecasting, bank reconciliations, and working capital optimization.

Demonstrated experience in managing internal and external audits, statutory and VAT compliance, customs regulations, and strengthening internal controls in a multinational setup.