Certified IFRS Accountant

Overview

This project-based engagement focuses on correcting, restating, and rebuilding financial statements and the accounting framework to ensure full IFRS compliance. The role involves redesigning the Chart of Accounts, cleaning subledgers, and performing full restatements for July–December 2025. This is a highly technical, hands-on role suited for an experienced IFRS accountant with strong analytical and financial reporting expertise.

Job Highlights

• Monthly Rate: Equivalent of USD 1440/month in the applicants local currency
• Schedule: Monday–Friday, 9:00 AM–6:00 PM EST | Includes 1-hour unpaid break | Total Weekly Hours: 40 Hours
• Work Arrangement: Work from home
• Contract: Independent Contractor

Independent Contractor Perks

• HMO coverage for eligible locations
• Permanent work from home
• Immediate hiring
• Steady freelance job

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• Correct misclassified, duplicated, or outdated customer/vendor records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 journal entries (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

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

Side note:

Since this is a permanent work-from-home position and an “Independent Contractor” arrangement, the candidates must have their own computer and internet connection. They will handle their own benefits and taxes. The professional pay rate is based on hourly rates and the rate depends on your performance in the application process.

Reminder:

Apply directly to the link provided; you will be redirected to BruntWork’s Career Site. You must apply using the provided link to complete the initial requirements, which include pre-screening assessment questions, a technical check of your computer, and a voice recording.

APPLICATIONS WITH COMPLETE REQUIREMENTS WILL BE PRIORITIZED.

44463983378