Position

Accounts & Finance Officer

Basic Salary:

MVR 13,000.00

Allowances:
Service Allowance:
Living Allowance:

MVR 2,500.00
MVR 3,000.00

No of Vacancy:

01

Field:

Accounts & Finance

Background

The President established the company under the authority vested in Section 15 of the Companies Act (7/2023), as announced in Presidential Decree No. 03/2024.

The company was founded with the primary objective of expanding the nation’s fishing industry and enhancing its social benefits by promoting and marketing Maldivian products in the global market. This includes products derived from aquaculture, mariculture, and other marine sources. To boost revenue, the company will also introduce a distinctive brand for local fisheries, promoting it both domestically and in key international markets.

Qualification, Experience, Skills and Competencies:

• Diploma in a relevant field with 3-5 years of experience in related role within a corporate environment.
• Strong understanding of accounting principles and financial regulations.
• Proficiency in financial software (e.g., QuickBooks, ERP systems) and MS Office, especially Excel.
• Strong analytical skills with excellent attention to detail.
• Effective communication and interpersonal skills.
• Ability to work under pressure and meet deadlines.
• High level of integrity and the ability to handle confidential information.
• Strong organizational skills with the ability to multitask.

Key Responsibilities:

• Financial Reporting:
  • Prepare and maintain accurate financial statements and reports in accordance with accounting standards.
  • Assist in monthly, quarterly, and annual financial reporting processes, ensuring timely submission.
  • Ensure that all financial transactions are properly recorded, filed, and reported.
• Budget Management:
  • Assist in the preparation of budgets, forecasts, and financial plans.
  • Monitor actuals against budgets and forecasts, highlighting any variances for corrective action.
  • Support in managing cash flow, including analysis and forecasting of cash needs.
• Compliance and Audit:
  • Ensure compliance with internal financial and accounting policies.
  • Support internal and external audits by preparing necessary documentation and responding to auditor inquiries.
  • Ensure adherence to applicable tax laws, including preparing tax filings and managing tax audits.
• Accounts Payable & Receivable:
  • Process payments and manage accounts payable and receivable.
  • Reconcile bank statements and ledgers to ensure accurate financial records.
  • Manage vendor and client financial transactions, ensuring timely payments and collections.
• Financial Analysis:
  • Analyze financial data to identify trends, variances, and areas for improvement.
  • Prepare and present financial analyses to support management decision-making.
• General Ledger Management:
  • Oversee general ledger entries and ensure proper account coding.
  • Conduct regular reconciliations of all balance sheet accounts.
• Other Duties:
  • Support payroll processing and ensure accurate employee compensation and benefit payments.
  • Assist in financial system implementation and improvements.
  • Perform other duties as assigned by the Head of Finance.

Note: This position is open for Maldivians Only.

Application deadline: 24^th November 2025, 14:00PM.

Interested candidates are requested to email the following documents as a single PDF file to [email protected]

1. Completed Job Application Form
2. Accredited copies of qualifications
3. Work experience letters
4. Copy of National Identity Card
5. Curriculum Vitae