Sr Accountant

Senior Accountant (FMCG)

Job Title: Senior Accountant Industry: Fast-Moving Consumer Goods (FMCG) Location:

Lebanon Employment Type: Full-Time Reports to: Finance Manager / Chief Financial Officer

About the Role

We are seeking a highly analytical and detail-oriented Senior Accountant to join our finance team in the Fast-Moving Consumer Goods (FMCG) sector in Lebanon. The ideal candidate will be responsible for overseeing the daily accounting operations, ensuring the accuracy of financial records, managing inventory accounting, and ensuring strict compliance with Lebanese tax regulations and accounting standards. This role requires a proactive professional with strong

ERP experience and a solid understanding of the fast-paced FMCG environment.

Key Responsibilities

General Accounting and Financial Reporting

You will manage all aspects of the general ledger, including month-end and year-end closing processes. You are responsible for preparing accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. The role involves performing daily bank reconciliations, managing cash flow tracking, and reviewing journal entries to ensure proper classification of accounts.

Inventory and Cost Accounting In the FMCG sector, inventory management is critical. You will oversee inventory accounting,

including stock valuations, cost of goods sold (COGS) calculations, and variance analysis. You will coordinate with the supply chain and warehouse teams to conduct periodic physical inventory counts and reconcile discrepancies. Additionally, you will analyze manufacturing and operational costs to identify areas for cost reduction and efficiency improvement.

Accounts Payable and Receivable

You will monitor and manage accounts payable and receivable aging reports. You must ensure the timely processing of vendor payments and actively follow up on outstanding client receivables. Maintaining accurate records of supplier contracts, terms, and discounts is also a key part of this responsibility.

Tax and Regulatory Compliance A critical component of this role is ensuring compliance with local regulations. You will prepare,

review, and submit periodic tax declarations, including Value Added Tax (VAT), payroll taxes, and corporate income tax, in strict compliance with the Lebanese Ministry of Finance regulations.

You must also ensure compliance with National Social Security Fund (NSSF) requirements and accurate payroll accounting, while staying updated on changes in Lebanese tax laws and regulations.

Audit and Internal Controls

You will assist in the preparation of schedules and documentation for external and internal audits, liaising directly with external auditors to ensure a smooth process. You will also be tasked with developing, implementing, and maintaining internal accounting controls and standard operating procedures to safeguard company assets.

Required Qualifications

Education and Certification

You must hold a Bachelor’s degree in Accounting, Finance, or a closely related field. A Master’s degree is considered a plus. Professional certification such as CPA, CMA, or ACCA is highly preferred.

Experience

You should have a minimum of 5 to 7 years of progressive accounting experience, with at least 2

to 3 years specifically within the FMCG or manufacturing industry. Experience with fast-paced environments and managing multiple priorities is essential.

Technical Skills

Strong knowledge of International Financial Reporting Standards (IFRS) and Lebanese accounting standards is required. You must have in-depth understanding of Lebanese tax laws,

VAT, and NSSF regulations. Proficiency in using major ERP systems such as SAP, Oracle, or

Microsoft Dynamics is essential. Advanced Microsoft Excel skills, including Pivot tables,

VLOOKUP, and financial modeling, are required.

Desired Candidate Profile

• You must hold a Bachelor s degree in Accounting, Finance, or a closely related field. A Master s degree is considered a plus. Professional certification such as CPA, CMA, or ACCA is highly preferred.
• You should have a minimum of 5 to 7 years of progressive accounting experience, with at least 2 to 3 years specifically within the FMCG or manufacturing industry. Experience with fast-paced environments and managing multiple priorities is essential.
• Strong knowledge of International Financial Reporting Standards (IFRS) and Lebanese accounting standards is required. You must have in-depth understanding of Lebanese tax laws, VAT, and NSSF regulations. Proficiency in using major ERP systems such as SAP, Oracle, or Microsoft Dynamics is essential. Advanced Microsoft Excel skills, including Pivot tables, VLOOKUP, and financial modeling, are required.
• You should possess ex