Chief Accountant -Baghdad

Position Overview: The Chief Accountant is responsible for supervising and ensuring the integrity of all financial transactions, records, and systems within Grand Bloom. This includes overseeing daily accounting operations, ensuring internal controls, preparing financial reports, and ensuring compliance with local laws, accounting standards, and hotel policies. During the pre-opening phase, the Chief Accountant supports system setup, chart of accounts design, control policy creation, and team onboarding. After opening, the focus shifts to timely and accurate financial closings, reporting, compliance, and oversight of the finance team. Core Responsibilities & Duties: 1. Pre-Opening Responsibilities: Assist in the implementation of accounting systems (e.g., SUN, Opera, FMC, etc.). Finalize the chart of accounts and mapping of all cost centers with department heads. Support the setup of banking relationships, petty cash systems, and cash flow control processes. Coordinate training and onboarding of accounting team members. Establish accounting SOPs, control procedures, and audit checklists. Participate in the setting up of vendor files, taxation registrations, and statutory documentation. 2. General Accounting Oversight: Supervise daily accounting activities across payables, receivables, income audit, and general ledger. Review journal entries, accruals, intercompany transactions, and balance sheet reconciliations. Ensure all revenue and expenses are properly recorded in the correct period. Oversee daily revenue summaries, night audit closings, and bank deposits. Monitor the accuracy of inventory movements, fixed asset entries, and depreciation schedules. 3. Financial Reporting & Month-End Close: Ensure timely closing of books monthly in accordance with internal and group deadlines. Prepare trial balances, profit & loss accounts, balance sheets, and supporting schedules. Reconcile all general ledger accounts and resolve variances before submission. Prepare audit schedules and assist internal or external auditors during reviews. 4. Compliance & Controls: Ensure compliance with local tax laws, labor laws, and statutory reporting requirements. Monitor and enforce internal controls to safeguard assets, revenues, and expenditures. Ensure timely and accurate preparation of VAT, payroll taxes, and other statutory submissions. Support implementation of recommendations from internal audits and financial reviews. 5. Treasury & Cash Management: Oversee cash flow management, including daily cash position, petty cash control, and banking relationships. Review daily banking summaries, deposits, and reconciliations. Coordinate payments and maintain proper documentation for all disbursements. 6. Team Leadership & Coordination: Supervise, coach, and develop the accounting team. Review workload distribution, job performance, and training needs of finance team …