The posting
Job Description
- Oversee and ensure the accurate, timely booking of all daily financial transactions, with proper cost-center allocation and strict alignment with the Chart of Accounts.
- Own the end-to-end Accounts Payable (A/P) vendor payment cycle, verifying that contractor invoices, supplier bills, and utility expenses are matched against purchase orders (POs) and physical progress sign-offs before processing payments.
- Manage early-stage Accounts Receivable (A/R) and cash matching, including shareholder funding drawdowns and initial site-rental fees, ensuring incoming funds are matched and cleared against outstanding receivables daily.
- Perform and review daily bank reconciliations across all corporate, operational, and escrow accounts to maintain a real-time, accurate picture of available liquidity.
- Maintain the absolute accuracy and integrity of the general ledger and all supporting sub-ledgers, ensuring no backlog of unposted or unvouched items accumulates.
- Prepare timely and accurate monthly, quarterly, and annual statutory and IFRS financial statements.
- Serve as the primary point of contact for external auditors regarding accounting practices, financial disclosures, and audit trails.
- Establish the Fixed Asset Register (FAR) for accounting and tax purposes, ensuring proper capitalization of construction-in-progress (CIP) costs, borrowing costs, and land development under IFRS and the National Accounting Standards of Uzbekistan.
- Work closely with the project cost controller to audit, verify, and account for EPC contractor invoices, variation orders, and retention payments.
- Prepare and submit all required tax returns and declarations (VAT, CIT, withholding taxes, etc.) in accordance with local legislation.
- Ensure strict compliance with customs regulations regarding heavily imported equipment and materials.
- Serve as the primary point of contact for tax authorities during tax audits and inspections.
- Develop the company's accounting policies, financial procedures, and chart of accounts compliant with both IFRS and the National Accounting Standards of Uzbekistan.
- Design and implement a rigorous internal control framework in the accounting function, including month-end closing checklists, bank reconciliations, and strict invoice verification workflows.
- Support the preparation of functional requirements for the company's new ERP/finance system.
- Participate in the evaluation of ERP system proposals to ensure they effectively handle complex airport accounting needs, such as multi-currency transactions and automated depreciation.
- Lead the design of the system's accounting data structure, oversee user acceptance testing (UAT) for the finance modules, and manage the migration of historical pre-operating financial data into the new platform.
- In conjunction with the Finance Director, support the preparation and delivery of TAC's annual budget and financial forecasts.
- Vendor invoices matched to purchase orders and accounted for within 3 business days (5 business days for EPC invoices); vendor payments made in accordance with contractual terms.
- Client invoices issued within 24 hours of the triggering event; A/R and A/P balances periodically reconciled with respective counterparties.
- Major operational and escrow bank accounts reconciled daily (minor accounts weekly); fewer than 2% of monthly journal entries require subsequent correction.
- Monthly and quarterly IFRS financial statements (P&L, Balance Sheet, Cash Flow) available no later than the 10th day of the following month.
- Audited annual financial statements under IFRS and Uzbekistan national accounting standards prepared in accordance with legal and contractual deadlines, achieving unqualified audit opinions.
- Fixed asset registers accurate and up to date; CAPEX WIP reconciled monthly; EPC costs accounted for timely and accurately.
- Full compliance with statutory tax deadlines, with no major penalties resulting from tax audits or inspections.
- Chart of accounts, key accounting policies, and financial procedures prepared and approved within 3 months of appointment.
- Financial workflows, checklists, and reconciliation templates prepared within 3 months of appointment.
- ERP/Finance system deployed within 6–12 months from commencement of operations.
- Annual budget submitted to the Finance Director on time; monthly forecasts issued within 5 working days of month end.
- Degree qualified in Finance, Accountancy, or Business.
- Professional accounting qualification highly preferred (ACA, ACCA, CPA, CIMA, or DipIFR).
- Minimum 10 years of relevant work experience in Finance or Accounting.
- Minimum 3 years of combined work experience in a supervisory or managerial capacity.
- Experience within large-scale infrastructure, construction, or capital projects environments preferred.
- Experience with IFRS reporting, ERP/finance systems, and fixed asset/capital project accounting.
- Functional: Capital Projects, Asset Management.
- Leadership: Analytical thinking, strategic thinking, change management, coaching and mentoring, interpersonal skills, planning and organising, communication and presentation, decision making and problem solving, customer service orientation.
- Rigorous, detail-oriented approach to financial reporting, controls, and compliance.
- Strong leadership skills with experience building and developing an accounting team.
- Credible partner able to work effectively with the Finance Director, auditors, regulators, and shareholders.
- Fluent English, Russian, and Uzbek required.
- Financial statements and statutory filings delivered accurately and on schedule, with no material misstatements.
- Statutory and external audits completed on time with unqualified audit opinions.
- Internal controls, accounting policies, and ERP/finance systems implemented and operating effectively as the organization scales.
- Tax compliance maintained with no unresolved findings from local tax authorities.
