The Chief Accountant manages all financial aspects of infrastructure (BOT) projects, include overseeing all accounting operations, financial records and reporting, tax and legal compliance, supervise accounting staff, and provide overall strategy from 1st to 3rd year of financial direction for all relevant Departments and the Management.
* Responsibilities
• Develops reporting and monitoring systems to accomplish company objectives, maintain control of assets and fulfill regulatory compliance.
• Manage the accounting complexities related to revenue recognition, capital expenditure, and long- term asset accounting specific to BOT projects.
• Understanding and managing financial aspects related to project financing, concessions, and potential divestment or transfer phases is also critical.
• Oversee the day to day financial & accounting responsibilities of BOT Projects.
• Supervise, train, and evaluate the performance of the accounting department staff.
• Collaborate with other departments and external stakeholders, including banks, project developers, and relevant government Departments.
• Cost & Revenue control to be implemented within the approved budget or approved by the approval levels. Monitor and control project costs, particularly construction costs, ensuring they align with budgets and providing analysis on variances.
• Foster a professional and efficient accounting team, ensuring clear task assignments and skill development.
• Develop and implement management accounting reports to support business planning, budgeting, and strategic decision- making by the Board of Directors.
• Directly work with tax authorities for solutions and answers to all matters in relation with accounting and tax. Be responsible for interpreting all data with tax authorities when proceeding tax final accounts for the company.
• Prepare financial & Tax reports and corporate governance reports following accounting norms, tax regulations of tax authorities fully and timely.
• Responsible for all tax and financial related issues with related banks and Government departments.
• Provide advice and control payment terms and other provisions related to contracts signed with vendors, constructors, consultants, ensuring compliance with tax regulations, the Company’s financial policy and other guidelines.
• Work with audit to issue audit financial statement.
• Make and manage capital resources and operating budgets.
