Job purpose

The Head of Accounting plays a critical leadership role in overseeing the Bank’s accounting operations and ensuring full compliance with local regulations and international standards. A key focus of this role is to lead the implementation and monitoring of IFRS (International Financial Reporting Standards), while enhancing accounting practices and contributing to the financial integrity of MBCambodia. 

Responsibilities

1. IFRS Implementation and Compliance

• Lead the Bank’s roadmap for IFRS adoption in alignment with MB Group and NBC requirements.
• Design, implement, and continuously improve IFRS-based accounting policies and procedures.
• Monitor IFRS application across all relevant financial reporting activities to ensure consistency and accuracy.
• Collaborate with external consultants, auditors, and internal stakeholders to ensure timely IFRS readiness and reporting.

2. Financial & Tax Reporting

• Prepare accurate financial statements and tax reports in accordance with Cambodian regulations and IFRS.
• Supervise centralized accounting activities including capital contributions, provisions, fund allocations, and internal expenses.
• Lead tax declaration, finalization, and liaise with tax authorities for audits or inspections.

3. Policy & Process Management

• Develop and update financial accounting policies, procedures, and guidelines to reflect evolving regulatory and IFRS requirements.
• Ensure internal controls, account reconciliations, and audit readiness across all functions.
• Drive automation and system enhancements for greater efficiency and data accuracy in financial reporting.

4. Stakeholder Coordination & Oversight

• Act as the focal point for accounting matters in collaboration with divisions, independent auditors, and regulators.
• Coordinate annual external audits and ensure all audit requirements are met in a timely and complete manner.

5. Team Leadership and Capacity Building

• Develop a high-performing accounting team, foster IFRS capabilities, and promote a culture of accountability.
• Provide coaching, training, and delegation to ensure professional growth and operational excellence.

• Bachelor’s or postgraduate degree in Accounting, Finance, or a related field.
• Experience in IFRS deployment is highly valued, especially in banking and financial institutions.
• Candidates from audit firms with hands-on experience in IFRS implementation or audits for banking/finance clients are strongly encouraged to apply.
• Minimum 5 years of relevant experience in accounting or finance, with at least 3 years in a supervisory or leadership role.
• Solid understanding of Cambodian tax regulations, financial reporting standards, and banking operations.
• Proven ability to lead financial reporting, internal controls, and coordination with external auditors.
• Strong communication skills in English (written and verbal), with the ability to collaborate across functions.
• Analytical, detail-oriented, and proactive in driving process improvements and regulatory compliance.