Accounting Officer Positions with Visa Sponsorship

An Accounting Officer is a key financial professional tasked with managing and overseeing the entire financial operations of an organization. Their primary responsibility is to ensure that all financial activities are conducted accurately, transparently, and in accordance with established laws, regulations, and industry standards. Accounting Officers play a vital role in tracking financial performance, managing budgets, ensuring regulatory compliance, and maintaining the overall financial health and sustainability of the organization.

Who Are Eligable for these Job

To qualify for an Accounting Officer position, candidates typically need to meet several important criteria:

1. Educational Background: A bachelor’s degree in accounting, finance, or a related field is usually required. Some employers may prefer candidates with advanced degrees like an MBA or those pursuing professional accounting certifications such as CPA (Certified Public Accountant), ACCA, or ICAN.
2. Experience: Relevant work experience in accounting, bookkeeping, or financial management is often necessary. Entry-level roles may require at least 1-2 years of experience, while more senior positions may ask for 3-5 years of professional experience in accounting or finance roles.
3. Technical Skills: Proficiency in accounting software (such as QuickBooks, SAP, or Tally) is essential. Strong Microsoft Excel skills, including the ability to use formulas, pivot tables, and data analysis tools, are often required.
4. Analytical and Problem-Solving Skills: Accounting Officers need to analyze financial data, prepare reports, and identify discrepancies, so strong analytical thinking and attention to detail are critical.
5. Regulatory Knowledge: A solid understanding of tax regulations, financial laws, and reporting standards like GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards) is important for ensuring compliance in financial operations.
6. Communication and Interpersonal Skills: Excellent communication skills are needed to collaborate with colleagues, present financial reports, and explain financial data clearly to non-financial team members.
7. Visa Sponsorship Eligibility: For international candidates seeking roles with visa sponsorship, such as Nigerians interested in working in countries like Canada, it’s important to meet the local work permit and immigration requirements. Employers will look for candidates with strong qualifications and the ability to contribute to their financial team.

As an Accounting Officer, the role typically involves handling financial records, processing transactions, preparing reports, and ensuring compliance with financial regulations. Here’s an overview of the responsibilities and compensation for this position:

Compensation (Pay and Benefits)

Compensation for an Accounting Officer can vary based on the country, company size, and individual experience. Here’s a general idea of how compensation is structured:

1. Salary Range

• Entry-Level: $35,000 – $50,000 per year.
• Mid-Level: $50,000 – $70,000 per year.
• Senior-Level: $70,000 – $100,000 per year or more. For countries like Nigeria, entry-level salaries might range between ₦1,200,000 – ₦2,500,000 annually, while experienced officers may earn up to ₦5,000,000 or more, depending on the sector.

2. Bonuses & Performance Incentives

• Accounting officers may receive performance-based bonuses or profit-sharing incentives.
• These can range from 5% to 20% of their annual salary, depending on company policy.

3. Benefits

• Health Insurance: Comprehensive medical benefits, dental, and sometimes vision care.
• Retirement Plans: Pension schemes, 401(k), or provident funds.
• Paid Time Off: Includes vacation days, sick leave, and sometimes personal days.
• Professional Development: Many companies offer training programs and certifications like CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) support.

4. Perks

• Some roles come with company-paid mobile phones, laptops, or transportation allowances.
• Flexible working hours or remote work arrangements are becoming more common in the accounting profession.

Career Growth

As an Accounting Officer, there are opportunities to grow into higher positions, such as Senior Accountant, Finance Manager, or even Chief Financial Officer (CFO), depending on the career trajectory and additional certifications.

This compensation structure can vary, but these are standard expectations across many industries.

Importance of an Accounting Officer:

Accounting Officers are essential in ensuring the financial stability and efficiency of any organization. Their work impacts all aspects of the organization, from day-to-day operations to long-term financial planning. By providing reliable financial information and maintaining strict oversight of all financial activities, they help organizations avoid costly mistakes and enhance profitability. Furthermore, their adherence to legal standards ensures that the organization operates within the confines of the law, thereby reducing legal risks

Job Details

• Location: Hobart, TAS 7000
• Job Type: Part-time
• Shift: Weekend availability and shift work

Benefits

• Employee Assistance Program: Access to comprehensive support services for personal and work-related matters.
• Exclusive Discounts: Enjoy employee discounts, including travel and food discounts globally.
• Competitive Salary: Receive a salary package that reflects your skills and experience.
• Learning Opportunities: Access courses from top providers like Harvard University and LinkedIn Learning for continuous development.
• Bonus Scheme & Flexibility: Be part of an inclusive bonus scheme with flexible work arrangements to suit your lifestyle.
• Career Growth: Unlock long-term career development opportunities with mentorship and guidance

Job Description

As an Accounting Officer at DoubleTree by Hilton Hobart, your key responsibilities include:

• Overseeing operations in General Ledger, Payroll, Income Audit, Accounts Payable/Receivable, and Cost Control.
• Supporting the Finance Manager with financial analysis, projects, forecasting, and leave coverage.
• Managing hotel contracts, insurance, and licenses, ensuring accurate documentation and payment processing.
• Coordinating internal and external audits.
• Assisting in monthly financial reports, Balance Sheet reconciliations, and managing end-of-month processes.
• Participating in stock take and general cashiering duties.

Requirements

• Education: A commerce degree in Accounting & Management is preferred.
• Experience:
• At least 3 years of experience as a General Ledger Supervisor or higher in the hospitality industry.
• Minimum 3 years of managerial accounting experience in hotels.
• Skills:
• Proficiency in Microsoft Office and knowledge of federal, state, and local accounting laws.
• Excellent English communication skills (both written and spoken).
• Flexibility to work at the end of the month and on weekends.

Eligibility

• Australian working rights are required for application.

This role offers a chance to be part of a pre-opening team for Hilton’s first hotel in Tasmania!

Expanded Role and Responsibilities:

1. Financial Record Keeping: One of the core duties of an Accounting Officer is to maintain precise financial records. This includes the daily recording of all financial transactions such as income, expenses, investments, and assets. They ensure that every transaction is properly documented, categorized, and stored securely for future reference and audits.
2. Budgeting and Forecasting: Accounting Officers are involved in preparing detailed financial budgets that align with the organization’s goals and available resources. They monitor actual spending against the budget to identify any discrepancies and provide forecasts to guide future financial planning. By ensuring strict adherence to budgets, they help prevent overspending and financial mismanagement.
3. Financial Reporting: They are responsible for generating accurate and timely financial reports, such as balance sheets, income statements, cash flow reports, and statements of changes in equity. These reports provide critical insights into the financial position of the organization, allowing senior management to make informed decisions.
4. Compliance and Regulatory Adherence: An Accounting Officer must stay up-to-date with local, national, and international financial regulations, including tax laws and industry standards. They ensure that the organization complies with all regulatory requirements to avoid fines, penalties, or legal complications. This responsibility often involves preparing tax returns, adhering to audit requirements, and ensuring financial reports meet international accounting standards like IFRS or GAAP.
5. Internal Controls and Risk Management: To safeguard the organization’s assets and reduce financial risk, Accounting Officers often establish and enforce internal controls. These controls include checks and balances to prevent fraud, misappropriation of funds, and other financial irregularities. They regularly review these systems to ensure they are functioning effectively.
6. Audit Coordination: Accounting Officers play a crucial role in both internal and external audits. They prepare all necessary documents, financial statements, and reports to facilitate smooth audit processes. Their ability to maintain well-organized and accurate records is critical to ensuring successful audits and identifying areas for financial improvement.
7. Payroll and Accounts Management: In many organizations, Accounting Officers oversee payroll functions, ensuring that employees are paid accurately and on time. They also manage accounts payable and accounts receivable, making sure that the organization pays its suppliers on time while efficiently collecting payments from customers.
8. Financial Advisory Role: Beyond the routine financial tasks, Accounting Officers often serve as advisors to management. They provide recommendations on financial strategy, cost control, and investments. Their insights are based on in-depth analysis of financial data, market trends, and performance metrics, making them key contributors to strategic decision-making..

In conclusion, the role of an Accounting Officer goes beyond merely managing finances; it extends to being a strategic partner in steering the organization toward financial success, sustainability, and compliance.

Disclaimer: The content and information provided on this website do not constitute legal advice.