Konnekt in Malta: Seeking a Client Accounting Manager

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By Team Ocean

In the ever-evolving world of finance, a key client in the financial sector is on the lookout for a dedicated Client Accounting Manager to join their team of professionals. This pivotal role involves a multitude of responsibilities that are essential for the smooth operation and financial well-being of the organization. In this article, we will delve into the various duties, skill sets, and requirements of a Client Accounting Manager in the financial sector.

Job Title  Client Accounting Manager
salary € 35,000 to € 45,000 per annum
Experience Experienced (3 years +)
Job Type Full Time
Financial Services
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Application Close 27 Sept. 2023

Duties of a Client Accounting Manager

1. Financial Statement Preparation and Analysis

The core responsibility of a Client Accounting Manager is the meticulous preparation of Financial Statements and other ad hoc Management Accounts. This includes operating under regulatory frameworks such as GAPSME or IFRS and conducting thorough analysis of variances to identify financial trends and areas for improvement.

2. Application Submission and VAT Returns

Client Accounting Managers are entrusted with the preparation and submission of applications with CFR (Company Formation Registration) and the timely submission of VAT Returns. These tasks require a keen eye for detail to ensure compliance with tax regulations.

3. Accounting Services and Consultancy

Client Accounting Managers play a pivotal role in providing clients with top-notch accounting services and consultancy. They may interact with clients both onsite and from the office, offering financial guidance and expertise.

4. Team Management and Mentoring

Effective leadership is at the heart of this role. Client Accounting Managers are responsible for managing an accounting team, which includes training, mentoring, and assisting junior staff. Their role is pivotal in nurturing the talents of the team members.

5. Communication Facilitation

A crucial aspect of this role is facilitating seamless communication between clients and the accounting team. Client Accounting Managers act as the bridge between the two, ensuring that client needs are met efficiently.

6. Collaboration with External Auditors

To maintain financial transparency and accuracy, Client Accounting Managers work in liaison with external auditors. This collaboration helps in ensuring that the company’s financial statements are in compliance with regulatory standards.

7. AML Risk Reporting

Client Accounting Managers are responsible for identifying and reporting any Anti-Money Laundering (AML) risks associated with clients within their team to the Money Laundering Reporting Officer (MLRO).

8. Performance Reviews

Conducting employee performance reviews is a crucial aspect of this role. Client Accounting Managers evaluate the performance of their team members, providing feedback and guidance for improvement.

9. Strategic Alignment

Client Accounting Managers work closely with top management to ensure that staff members are performing efficiently and in alignment with the group’s established procedures and goals.

10. Participation in Training

Continuous learning is essential in the financial sector. Client Accounting Managers actively participate in internal training sessions held for staff, keeping themselves updated with industry trends and regulations.

Skill-Sets and Requirements

To excel in the role of a Client Accounting Manager in the financial sector, certain skill sets and requirements are imperative:

1. Experience

Candidates must have 4-5 years of experience in the respective field at a Senior Level and currently hold a Supervisor, Assistant Manager, or Manager position. This experience is vital for effective leadership and decision-making.

2. Managerial and People Skills

Client Accounting Managers must possess excellent managerial and people skills. Effective leadership, conflict resolution, and team management are essential components of this role.

3. Communication Skills

Proficiency in communication, both verbal and written, is crucial. Client Accounting Managers need to communicate effectively in English and Maltese, ensuring that information is conveyed accurately and comprehensively.

Education & Experience

Candidates for the position of Client Accounting Manager are expected to meet specific educational and experience criteria:

1. ACCA Qualified or Equivalent

Candidates should hold an ACCA qualification or its equivalent. This educational background ensures a strong foundation in accounting principles and practices.

In conclusion, a Client Accounting Manager in the financial sector is a pivotal role that requires a unique blend of financial expertise, leadership acumen, and effective communication skills. These professionals are the backbone of financial stability within an organization, ensuring that financial operations run smoothly and in compliance with industry standards.


1. What is the primary role of a Client Accounting Manager?

The primary role of a Client Accounting Manager is to oversee financial operations, including the preparation of financial statements, application submissions, VAT returns, and providing accounting services to clients.

2. What qualifications are required to become a Client Accounting Manager?

Candidates typically need 4-5 years of experience in a senior-level position, excellent managerial and people skills, and proficiency in English and Maltese. An ACCA qualification or equivalent is also usually required.

3. How does a Client Accounting Manager contribute to AML risk management?

Client Accounting Managers identify and report any Anti-Money Laundering (AML) risks associated with clients within their team to the Money Laundering Reporting Officer (MLRO) to ensure compliance with AML regulations.

4. What is the significance of preparing financial statements under GAPSME or IFRS?

Preparing financial statements under regulatory frameworks like GAPSME or IFRS ensures that financial reporting is consistent, transparent, and compliant with international accounting standards.

5. How can aspiring professionals prepare for a career as a Client Accounting Manager?

Aspiring Client Accounting Managers should focus on gaining relevant experience, obtaining an ACCA qualification or its equivalent, and honing their managerial and communication skills to succeed in this role.

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