Senior Accountant – Recruitment Agency

Job Description

We are seeking an experienced Senior Accountant to manage day-to-day accounting, financial reporting, and compliance for our recruitment agency. The role will oversee placement revenue, client billing, payroll-related accounting, and cash flow, ensuring accurate financial records and timely reporting.

Key Responsibilities

• Prepare monthly, quarterly, and annual financial reports, including profit and loss, balance sheet, and cash flow statements.
• Manage month-end and year-end closing, journal entries, accruals, prepayments, and account reconciliations.
• Review and reconcile revenue from permanent placements, temporary staffing, and contract recruitment, as applicable.
• Ensure client invoices reflect agreed fees, approved timesheets, placement terms, rebates, and replacement guarantees.
• Oversee accounts receivable, monitor overdue balances, and coordinate collections with clients and internal teams.
• Manage accounts payable, supplier reconciliations, and payment schedules.
• Reconcile employee, temporary worker, and contractor payroll costs, including deductions and statutory liabilities.
• Calculate and verify recruiter commissions and performance incentives under approved compensation plans.
• Monitor cash flow and prepare forecasts to support payroll funding and operating expenses.
• Support budgeting and analyze profitability by client, placement, recruiter, and business division.
• Prepare applicable tax filings and maintain compliance with local accounting, payroll, and tax requirements.
• Coordinate audits and maintain accurate supporting documentation.
• Strengthen internal controls and improve accounting processes and financial systems.
• Mentor junior finance staff and work closely with recruitment, operations, and management teams.

Job Specification

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional accounting qualification such as ACCA, CPA, CA, or equivalent preferred.
• At least five years of accounting experience, including responsibility for month-end closing and financial reporting.
• Experience in recruitment, staffing, payroll services, or another service-based business preferred.
• Strong understanding of revenue recognition, payroll accounting, reconciliations, and financial controls.
• Proficiency in accounting software and Microsoft Excel.
• Experience handling high-volume billing or payroll transactions is an advantage.

Key Skills

• Strong analytical skills and attention to detail.
• Ability to meet deadlines and manage competing priorities.
• Clear communication and effective collaboration across teams.
• Sound judgment when handling confidential financial and payroll information.
• A practical approach to solving problems and improving processes.

Success Measures

• Accurate financial reporting and timely month-end closing.
• Timely client billing and effective collection of outstanding balances.
• Accurate payroll and commission reconciliations.
• Compliance with filing deadlines and internal controls.
• Clear financial insights that support profitability and cash flow management.

Required Skills

• Accounting
• Analytical
• Book Keeping
• General Ledger
• MS Excel

About the Company

With license number 657/063/64, Naukri Nepal Pvt. Ltd. is the NEPAL Authorized licensed manpower recruitment agency. It has pioneered the overseas recruitment business and has mobilized thousands of Indian, Nepalese, Bangladeshi & Pakistani workers of various categories, trades, professions ,and skills internationally since 1999.