Chief Accountant
Undisclosed employerlast week
- Salary
- Not disclosed
- Job type
- Full time
- Location
- Erbil
- Deadline
- Sep 25, 2026
Chief Accountant based in Erbil responsible for day-to-day accounting operations, financial reporting, and controls with a focus on Oil & Gas operations.
About the job
Open for Locals and Expats who are already in Erbil.
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.
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 supporting schedules within agreed deadlines.
- Support Finance during budgeting, forecasting and management-review activities.
Requirements
- Bachelor's degree in Accounting, Finance or related field.
- 8+ years of accounting experience, preferably with 3+ years in a senior accounting position.
- Oil & Gas / Oilfield Services / Energy / Trading experience is mandatory or strongly preferred.
- Experience in Iraq/Kurdistan Region is highly preferred.
- Strong experience in project accounting, cost control, AP, AR, inventory and bank reconciliation.
- Experience with Odoo or another ERP system.
- Professional qualification such as ACCA, CPA, CMA or equivalent is an advantage.
- Advanced Excel skills.
- Strong accounting and analytical skills.
- High accuracy and attention to detail.
- Strong understanding of Oil & Gas/project accounting.
- Integrity and confidentiality.
- Ability to work under strict monthly closing deadlines.
- Strong coordination and communication skills.
- Ability to independently manage the Erbil accounting function while reporting to the CFO.
Notes
- Key KPIs
- Timely monthly financial closing and reporting
- Accuracy of financial statements and reconciliations
- AP/AR ageing and collection performance
- Accuracy of project costing and cost allocation
- Cash-flow and bank reconciliation accuracy
- Compliance with DoA and internal controls
- Tax/statutory compliance
- Audit completion and resolution of findings
- ERP/Odoo data accuracy
- Timely submission of required reports to CFO/HQ
Skills
- Odoo
- ERP
- Advanced Excel
- Project accounting
- Cost control
- Bank reconciliation
- Accounts payable
- Accounts receivable
Details
- Profession
- Accountant
- Category
- Administration
- Education
- Bachelor's degree
- Experience
- Senior · 8+ years