Certified IFRS Accountant - Quickbooks Desktop

Job Description

This is a remote position.

Schedule : Monday–Friday, 9 : 00 AM–6 : 00 PM EST | ( Includes 1-hour unpaid break )

Total Weekly Hours : 40 Hours

The organization has identified material inconsistencies and IFRS compliance gaps across its July–December 2025 financial statements. This project-based engagement focuses on correcting, restating, and rebuilding the financial statements and accounting framework to ensure full IFRS compliance and readiness for management and auditor review.

The role begins with a design and redesign phase , restructuring the Chart of Accounts, improving the COGS and cost center framework, and cleaning subledgers. December focuses on framework enhancement and reviewing aged balances. Once the foundation is stabilized, the accountant will complete full restatements for July–December and roll the financials forward through year-end.

This is a highly technical, hands-on role suited for an experienced IFRS accountant with strong analytical and financial reporting expertise.

Scope of Work

A. Financial Statement Remediation

Review, correct, and restate monthly financial statements (July–December 2025) under IFRS

Reconcile opening balances and correct prior errors through adjusted journal entries

Prepare consolidated quarterly packs : income statement, balance sheet, cash flow, and schedules

B. IFRS Compliance & Framework Review

Validate compliance with major IFRS standards, including :

IAS 1, IAS 2, IFRS 15, IFRS 9, IAS 16, IAS 37, IAS 24

C. Accounting Structure Enhancement

Redesign Chart of Accounts for improved granularity

Refine COGS and cost center models for accurate product-line profitability

Reclassify misallocated transactions to correct gross margin reporting

D. Subledger & Data Integrity Cleanup

Reconcile AR, AP, and Inventory subledgers

Match subsidiary ledgers to GL control accounts

Correct misclassified, duplicated, or outdated customer / vendor records

Clean deferred revenue, prepayments, undeposited funds, and accrued interest

E. Working Capital & Cash Flow Review

Validate AR / AP aging each month

Reconcile prepayments and deposits per IFRS treatment

Ensure accurate segregation of cash flow activities (operating, investing, financing)

F. Documentation & Controls

Prepare all adjustment schedules and JEs for management approval

Produce a Remediation Summary Report detailing issues and corrective actions

Develop month-end close checklists, SOPs, and best-practice controls

Deliverables

Restated IFRS-compliant financial statements (July–December 2025)

Consolidated quarterly financial packs (Q1 & Q2 2025)

Reconciliations and supporting schedules for key balances

Revised Chart of Accounts and updated COGS structure

Remediation Summary Report with IFRS adjustments and recommendations

Month-end close checklist, SOPs, and training materials

Working Methodology

Remote work via secure cloud access to the organization’s accounting system

Weekly review meetings with the CFO Consultant

All outputs must be reviewed and approved prior to management submission

Timeline & Milestones (3-Month Engagement)

Phase 1 — December : Onboarding, framework redesign, month-end corrections

Phase 2 — January : Financial restatements for July–December

Phase 3 — February : Stabilization, SOP development, training, and handover

Reporting & Oversight

Report directly to the CFO Consultant and provide weekly progress updates.

Final deliverables will be presented to senior management.

Confidentiality & Handover

All data and deliverables are confidential. Full digital handover required at project completion.

Requirements

Strong hands-on experience with International Financial Reporting Standards (IFRS), including IAS 1, IAS 2, IAS 16, IAS 37, IFRS 9, and IFRS 15 (not US GAAP)

Experience with financial statement restructuring, restatements, and reclassification

Ability to make strategic accounting framework decisions, including redesigning chart of accounts (COA) and cost of goods sold (COGS) structures

Proficiency with QuickBooks Desktop

Demonstrated experience producing audit-ready working papers

Experience preparing quarterly financial statements

Excellent English communication skills

Independent Contractor Perks :

HMO coverage (eligible locations)

Permanent work-from-home setup

Immediate hiring

ZR_29671_JOB

Requirements

Strong hands-on experience with International Financial Reporting Standards (IFRS), including IAS 1, IAS 2, IAS 16, IAS 37, IFRS 9, and IFRS 15 (not US GAAP) Experience with financial statement restructuring, restatements, and reclassification Ability to make strategic accounting framework decisions, including redesigning chart of accounts (COA) and cost of goods sold (COGS) structures Proficiency with QuickBooks Desktop Demonstrated experience producing audit-ready working papers Experience preparing quarterly financial statements Excellent English communication skills