Head of Accounting & Treasury
Position Circumstances
- Career Category: Accounting, Banking / Finance, Exec. / Management
- Schedule:Full-time
- Salary: Negotiable
The Institut Pasteur du Cambodge (IPC) is seeking for a qualified and experienced Head of Accounting & Treasury to lead and strengthen its Finance department.
Position Overview
As the Head of Accounting & Treasury, you will lead and manage the IPC accounting and treasury functions, ensuring the integrity, accuracy, and efficiency of all financial operations. You will report directly to the Chief Financial Officer (CFO) and manage a team of 5 staff members, including a Deputy Head of Accounting. A central focus of this role is driving change management: you will modernize accounting processes, implement robust monthly closing checklists, lead digitalization initiatives, and strengthen cut-off disciplines across the department.
Recruitment conditions:
- Contract: The initial contract is offered for 1 year (renewable)
- Start Date: Available to start as soon as possible
- Remote Work: Possibility to work remotely, subject to job role and management approval.
Duties & Responsibilities:
- Team Leadership & Change Management
- Lead, mentor, and develop a team of 5 accounting and treasury staff, including a Deputy Head of Accounting.
- Drive a strong change management agenda: challenge existing processes, champion a right-first-time mindset, and embed a culture of continuous improvement. Disseminate effectively the processes among internal customers.
- Design and implement a comprehensive monthly closing checklist to ensure timely and accurate period-end closings.
- Lead digitalization initiatives within the department, reducing manual processes and increasing automation across accounting workflows maximizing the possibilities offered by our new accounting system (MS Dynamics) and our MS 365 environment.
- Strengthen cut-off disciplines and accrual accuracy in collaboration with all departments.
- General Accounting
- Oversee all general accounting activities including payroll posting, grants revenue calculation, accruals and fixed asset management.
- Supervise accounts payable (supplier invoices, VAT/e-filing, payments) and accounts receivable (client contracts, NSSF billing, invoicing to donors, reconciliation).
- Ensure timely preparation of semi-annual and annual financial reports.
- Review and validate all General Ledger accounts (Balance Sheet & P&L).
- Ensure timely clearing of advances, client/supplier accounts, and donor receivables.
- Treasury & Cash Management
- Oversee daily cash and bank transactions, ensure reconciliations and cash flow monitoring.
- Optimize treasury and payment processes efficiency.
- Ensure proper controls on all payment methods (cash, transfer, cheque).
- Compliance & Internal Controls
- Ensure compliance with Cambodian accounting standards and alignment with IPC’s internal financial policies.
- Lead internal and statutory external audit processes, including documentation preparation and coordination with auditors.
- Implement and reinforce internal control procedures across the function.
- Collaboration & Reporting
- Collaborate closely with the Head of Financial Controlling and the CFO to ensure consistency between accounting records and financial reporting.
- Liaise with HR, procurement, and department heads to ensure accurate and timely booked financial data.
- Support Controlling in the preparation of financial dashboards and reports for senior management.
Benefits:
- Private health insurance including family coverage and life insurance.
- NSSF (Health Care, Occupational Risk, Retirement).
- Khmer New Year and Pchum Ben Bonus.
- Annual leave plus an additional day every three years.
- Multicultural environment with staff from different nationalities
- Opportunities for growth and career advancement.
Expected Profile of Candidates
Languages:
- Khmer - Fluent is required
- English - Good is required
Qualifications:
- Bachelor's Degree in Accounting, Finance, or a related field or higher.
Work History:
- Supervisory or managerial role for 2 years as a minimum
- Accounting for 5 years as a minimum
Skills & Knowledge:
General & Technical Skills
- Khmer (native) and English (professional level required)
- CPA or equivalent professional certification is a strong asset.
- Demonstrated experience leading process improvement or change management initiatives.
- Strong knowledge of Cambodian and International accounting standards.
- Proficiency in ERP systems — Dynamics 365 Business Central is preferred.
- Solid command of MS Office 365, particularly Excel; familiarity with financial reporting tools (Jet Reports, Power BI) is a plus.
- Understanding of financial statements (balance sheet, income statement, cash flow).
- Knowledge of audit processes and internal controls.
Soft Skills
- Proven leadership and team management skills, able to motivate and develop staff in a multicultural environment.
- Strong change management capabilities: ability to challenge the status quo, communicate change effectively, and bring teams along.
- Excellent organizational and time management skills, with the capacity to manage multiple priorities under tight deadlines.
- Strong analytical mindset and attention to detail.
- Clear and professional communication skills in Khmer and English.
- Integrity, reliability, and strict confidentiality in managing financial data.
- Proactive and solution-oriented, with a drive for operational excellence.
- Adaptable and resilient, comfortable working in a fast-paced, multicultural environment.
- Collaborative leadership style, promoting teamwork and accountability.
- Committed to IPC’s mission in advancing science and public health in Cambodia.
