Chief Accountant

About the Job

Open for Locals and Expats who are already in Erbil. Job Purpose Responsible for managing the day-to-day accounting operations of the Erbil office, ensuring accurate financial records, timely closing and reporting, effective controls, proper cash and working-capital management, and compliance with company and statutory requirements. The role will support the CFO in financial reporting, project costing, budgeting, audit, tax compliance, and financial controls, with a strong focus on Oil & Gas operations. Key Responsibilities 1. Accounting & Reporting Manage daily accounting activities covering GL, AP, AR, cash/bank, inventory and fixed assets. Ensure all transactions are accurately recorded in Odoo/ERP with appropriate supporting documents. Prepare monthly trial balance, P&L, balance sheet, cash-flow reports and account schedules. Complete monthly closing and ensure all accruals, prepayments, provisions and adjustments are properly recorded. Perform and review monthly bank, supplier, customer and balance-sheet reconciliations. 2. Oil & Gas / Project Accounting Maintain accurate accounting records for Oil & Gas projects, contracts and trading activities. Monitor project revenue, direct costs, overhead allocation and profitability. Review project-related POs, supplier invoices, subcontractor costs, logistics costs and other operational expenses. Prepare project cost reports and highlight significant cost variances to the CFO. Ensure costs are allocated to the correct project, department, cost centre or business activity. 3. Accounts Payable & Receivable Control the P2P process, ensuring supplier invoices are properly approved before payment. Monitor customer invoicing, collections and outstanding receivables. Maintain accurate AP/AR ageing reports and follow up on overdue balances with relevant departments. Resolve supplier/customer account discrepancies and ensure timely reconciliations. 4. Cash & Bank Monitor daily cash and bank positions. Prepare cash-flow forecasts and payment schedules for CFO review. Review payment documentation and ensure compliance with the approved DoA. Maintain petty-cash controls and perform regular reconciliations. Monitor foreign-currency transactions and exchange differences. 5. Inventory & Fixed Assets Reconcile Finance records with warehouse/inventory records. Support periodic physical inventory counts and investigate variances. Maintain accurate fixed-asset records, additions, disposals and depreciation. Ensure proper accounting treatment for equipment, materials and project assets. 6. Tax, Statutory & Audit Ensure accounting records comply with applicable Iraq/Kurdistan Region tax and statutory requirements. Coordinate with external auditors, tax advisors and relevant authorities as required. Prepare audit schedules and supporting documentation. Ensure timely submission of statutory requirements and closure of audit observations. 7. Internal Controls Ensure transactions comply with company policies, DoA and Finance procedures. Maintain proper segregation of duties and supporting documentation. Identify accounting/control weaknesses and recommend corrective actions. Monitor unusual or unsupported transactions and escalate them to the CFO. 8. ERP / Odoo Ensure accurate and timely use of Odoo Finance and related modules. Review integration between Finance, Procurement, Sales, Inventory and HR. Ensure proper account, cost-centre and project coding. Coordinate with IT/Odoo support to resolve system and workflow issues. 9. Team Management Supervise and allocate work among the Erbil accounting team. Review accounting entries, reconciliations and reports prepared by team members. Ensure adequate backup coverage and continuity of accounting activities. Train and develop junior accounting staff. 10. HQ Coordination Coordinate closely with CFO and Dubai Finance/HQ on reporting, cash requirements, settlements, intercompany transactions and financial controls. Provide accurate financial information and suppo