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Senior Accountant Closed

Confidential - A leading Local Development & Investment Company Jordan

A leading Local Development & Investment Company is looking for Senior Accountant reports to the company Finance Manager.

Interested candidates who meet the criteria can apply by forwarding their CVs directly to the below email address and put in the subject (Senior Accountant – Local Development - Jordan)  

vacancies@jordan-impact.jo

 

Job Purpose

The Senior Accountant is responsible for managing and reviewing day-to-day accounting activities, ensuring the accuracy and completeness of financial records and reports, and maintaining compliance with approved financial policies, applicable accounting standards, and Jordanian tax and regulatory requirements. The role supports month-end and year-end closing, budgeting, audit activities, internal-control improvement, and the technical supervision of the accounting team to safeguard company assets and provide reliable financial information for management decision-making.

Key Duties and Responsibilities

  • Supervise the preparation and review of journal, payment, and receipt vouchers, ensuring complete supporting documentation and timely posting.
  • Review daily accounting entries and the general ledger, ensuring accurate account classification, cost-center allocation, and project/activity coding.
  • Prepare and review bank reconciliations, account reconciliations, receivables, payables, and suspense-account reconciliations on a monthly basis.
  • Supervise payroll, employee entitlements, deductions, accruals, and end-of-service settlements.
  • Maintain and reconcile the fixed-asset register, including additions, disposals, depreciation, and periodic physical verification.
  • Perform monthly, quarterly, and annual financial closing procedures and prepare trial balances, financial statements, and management reports within agreed deadlines.
  • Contribute to the annual budget and financial forecasts, monitor variances, analyze causes, and submit appropriate recommendations.
  • Prepare analytical reports on revenue, expenditure, cash flow, receivables, payables, and projects for the Finance Department and senior management.
  • Ensure compliance with approved financial policies, the accounting system, applicable International Financial Reporting Standards, and company procedures.
  • Support compliance with Jordanian income and sales tax, withholding tax, social security, and other relevant statutory and regulatory requirements.
  • Coordinate with internal and external auditors, provide schedules and supporting documents, and ensure timely resolution of audit findings.
  • Review payment, collection, approval, and segregation-of-duties controls and recommend improvements to reduce errors, fraud, and operational risk.
  • Provide technical supervision to accountants, allocate assignments, review work quality, and deliver coaching and training.
  • Participate in the development of accounting and financial systems, the chart of accounts, forms, procedures, and effective use of ERP systems.
  • Maintain the confidentiality, security, retention, and proper filing of financial records and supporting documents.
  • Perform any other related duties assigned within the scope of the position and approved authority limits.

Key Working Relationships

  • Internal: Finance Manager, Head of Accounting, operational departments, Human Resources, Procurement, Projects, and senior management.
  • External: External auditors, banks, Income and Sales Tax Department, Social Security Corporation, suppliers, customers, and relevant regulators.

 

Qualifications and Experience

  • Bachelor’s degree in Accounting, Finance, or a related field, preferably with a grade of Good or above.
  • A master’s degree or professional certification such as CMA, CPA, JCPA, or equivalent is preferred.
  • Five to eight years of relevant accounting, finance, and control experience, including at least two years at senior[1]accountant or supervisory level.
  • Demonstrated experience in financial closing, reconciliations, financial reporting, taxation, audit support, and internal controls.
  • Experience in development, investment, project-based, or diversified organizations is preferred.

Required Knowledge and Skills

  • Strong knowledge of accounting principles, procedures, and International Financial Reporting Standards.
  • Practical knowledge of Jordanian tax legislation, particularly income and sales tax and withholding requirements.
  • Advanced ability to prepare and analyze financial reports, budgets, variances, and cash-flow information.
  • Proficiency in ERP/accounting systems and advanced Microsoft Excel skills.
  • High attention to detail, organization, prioritization, and deadline management.
  • Effective supervisory, leadership, communication, and teamwork skills.
  • Strong analytical, problem-solving, and decision-making capabilities with high integrity and confidentiality.
  • Fluent Arabic and good written and spoken English.

Key Performance Indicators (KPIs)

  • Timely completion of monthly closing, financial statements, and management reports.
  • Accuracy of entries, reconciliations, and reports, including the level of errors and correcting entries.
  • Percentage of bank, receivable, payable, and suspense-account reconciliations completed on time.
  • Reduction in the value and ageing of unreconciled balances and overdue receivables.
  • Compliance with approved financial policies and statutory, tax, and regulatory requirements.
  • Number of recurring audit findings and the speed of corrective-action closure.
  • Accuracy of budget and forecast data and quality of variance analysis.
  • Measurable improvements in accounting-process efficiency and service quality to internal departments.

Authority and Accountability

  • Review and approve accounting transactions within delegated authority before escalation to the immediate supervisor.
  • Request corrections and supporting documentation before posting or payment.
  • Escalate material risks, exceptions, and non-compliance promptly to the Head of Accounting or Finance Manager.
  • Maintain direct accountability for the accuracy of assigned records and reports and for preserving financial