Chief Accountant
Job Description
<p><strong>INGOT Brokers</strong></p><br><p><strong>About INGOT Brokers</strong></p><br><p>Founded in 2006, INGOT Brokers has positioned itself as a pioneer in the financial trading industry providing superior offerings to its clients. Such offerings include competitive trading conditions furnished to facilitate clients’ access to various global markets (such as stocks, currencies, indices, and commodities, among others), several account types to suit the different types of traders, and top-notch trading platforms.</p><br><p><strong>Licenses and Regulations</strong></p><br><p>INGOT Brokers and its shareholders also ensure strict adherence to the laws and regulations that protect clients, having obtained licenses from renowned regulating authorities including the Australian Securities and Investments Commission (ASIC), Jordan Securities Commission (JSC), the Financial Services Authority (FSA) in Seychelles, the Capital Markets Authority (CMA) in Kenya, and the Financial Sector Conduct Authority (FSCA) in South Africa. It is also registered in several countries around the globe including Saint Vincent and Grenadines and Dubai.</p><br><p><strong>Offices and Employees</strong></p><br><p>INGOT Brokers has physical offices, representative offices, operation hubs, and/or consultants in Pakistan, the UAE, Australia, Jordan, Saint Vincent, Turkey, Thailand, Vietnam, South Africa, Kenya, Seychelles, and Iraq. In the Jordan entity alone, the company has approximately 170 employees – and increasing.</p><br><p><strong>Duties & Responsibilities</strong></p><br><ul><br><li>Liaise with treasury and ensures payment methods and banks are reconciled daily and suspense accounts are cleared on a timely basis. </li><br><li>Weekly/Monthly Backoffice reconciliations, clients’ deposits, withdrawal and internals, clients’ equities, Liquidity providers balances and all revenues are properly reconciled and recognized in the P&L and balance sheet. </li><br><li>Performs review of monthly GL closing, ensuring all balance sheet balances are properly reconciled and accurate and prepares a closing checklist for Finance Manager / Financial Controller review (Final Monthly GL review for FM approval). GL closing checklist includes e.g. cash and bank balances, client equities, fixed assets register, prepayments, accrual, deferral, reclasses, and related party transactions etc.</li><br><li>Prepare and submit monthly reporting Package (BS and P&L Monthly reporting package) to the Finance Manager / Financial Controller.</li><br><li>Interact daily with back-office and subsidiaries for required reports and daily operations working on ‘’Odoo & Manaf”.</li><br><li>Participate with the Finance Manager / Financial Controller in the Ingot entities sessions of VAT and other taxes understanding relevant to operations and brokerage business / trading and liaise with the back-office department to ensure the delivery of required reports and data to facilitate the proper revenue recognition and client equity.etc. </li><br><li>Manage all IBs costs and the allocation to relevant Ingot entities including the collection of IBs contracts and testing the back-office reports.</li><br><li>Perform the calculations of wholesale and retail commissions after reconciling back-office reports and review by Sales head of departments for Experienced Chief Accountant / Assistant Manager review.</li><br><li>Align with the Financial controller to understand transfer pricing and the services performed within Ingot Group to manage the relevant contracts and relevant related party transactions including billing and accounting.</li><br><li>Support Financial Controller in the audits planning and facilitates the delivery of third-party requirements relevant to (statutory audit, internal audit. regulators, authorities).</li><br><li>Ensures proper reconciliation of related party accounts and transactions for all Ingot Group entities and communicates discrepancies with adjustments.</li><br><li>Draft and timely update of the finance policies and procedures for the function under supervision (Back-office, GL, related parties) for Experienced Chief Accountant / Assistant Manager review.</li><br><li>Work closely with the Finance team to support achieving the department goals & tasks.</li><br></ul><br><p><strong>Requirements</strong></p><br><ul><br><li>Bachelor’s degree in, Accounting, Finance or any related degree.</li><br><li>6-10 years of related experience, auditing experience within Big four companies is a plus.</li><br><li>CPA Holder is a plus.</li><br><li>Knowledge in ERP system is a plus.</li><br><li>Excellent level of written and spoken English and Arabic.</li><br><li>Excellent Analytical skills, able to plan, organize and follow up work effectively while focusing on quality towards excellence.</li><br><li>Excellent communication skills.</li><br><li>Attention to details.</li></ul>
