Chief Accountant - Logicom Solutions - Nicosia, Cyprus

Job Overview

The Chief Accountant will be responsible for maintaining accurate accounting records, ensuring the integrity of financial information, and for providing detailed financial analysis to support the company's management.

This role will also involve the supervision of the Team responsible for verifying and posting of transactions, and it requires a comprehensive understanding of IFRS and accounting principles.

Duties & Responsibilities

• Managing the accounting of the complete sales cycle for each project, including setting up the purchasing and sales orders in the ERP system, in liaison with the Purchasing Team.
• Applying accounting standards and principles for the accounting of complex projects, involving the recognition of revenue based on the progress of the projects.
• Managing sales invoicing (billing) to customers, in accordance with the payment/ invoicing terms of the signed contracts.
• Ensuring that the open balances for accruals and deferrals of projects-related income and expenditure are accurate and complete.
• Ensuring that stocks are posted correctly into the system, allocated to their respective projects and matched with the allocated revenue.
• Ensuring that all necessary reconciliations are carried out to confirm accuracy and completeness of books and records.
• Overseeing the periodic stock takes in accordance with company’s procedures and performing quantity variance adjustments and provisions for obsolete and damaged stocks.
• Managing the procedure of payments to suppliers, including investigations for discrepancies between the books and suppliers’ statement of account.
• Handling credit control approvals, including collaboration with Sales Team for setting appropriate payment terms for sale transactions.
• Performing periodic reviews of Accounts receivables ageing.
• Ensuring correct treatment for non-standard transactions and preparing quarterly VAT Return.
• Assisting in monthly revenue forecasting.
• Conducting ad-hoc reports for project progress and profitability for management review.
• Actively contributing to month-end preparation of results for submission to the Head Office.
• Assisting in the completion of external and internal audits, including various ISO audits.
• Involved in the development and implementation of internal controls and procedures.
• Providing support, assistance, and recommendations in all accounting matters to the company's management.

Skills & Qualifications

• Member of a Professional Accounting body (ACA/ ACCA/CPA).
• At least 3 years of experience in a similar position, preferably within the IT industry.
• Working experience with Navision Dynamics will be considered an advantage.
• Strong business and commercial awareness.
• Dynamic, hands on and results driven.
• Strong communication and interpersonal skills.
• Very good analytical skills with attention to detail.
• Very good knowledge of MS Office, particularly Excel.
• Fluent in English.

Remuneration

An attractive remuneration package will be offered to the successful candidate according to qualifications and experience.

Equal Employment Opportunity

Logicom is committed to provide equal employment opportunities for all regardless of their race, colour, sex/gender, religion, age, marital status, cultural background, disability, nationality and political opinion. Employees are hired solely based on a specific vacancy’s requirements, taking into consideration the qualifications, previous experience and potential of each individual candidate.

Disclaimer

We reserve the right to remove the announcement from circulation at any point in time when a satisfactory number of applications has been received.

Only applicants whose previous experience and qualifications closely match the requirements of the position will be contacted.