Certified IFRS Accountant

Certified IFRS Accountant

Posted 3 days ago by BruntWork

Negotiable
Undetermined
Remote
EMEA

Summary: This role is focused on correcting and restating financial statements to ensure compliance with IFRS standards, specifically for the period of July to December 2025. The position requires an experienced IFRS accountant to redesign the Chart of Accounts, clean subledgers, and perform detailed financial reporting tasks. The role is remote and structured as an independent contractor engagement, emphasizing technical expertise in financial reporting and IFRS compliance. Candidates must possess strong analytical skills and experience in financial statement restructuring.

Key Responsibilities:

  • Review, correct, and restate monthly financial statements under IFRS for July–December 2025.
  • Reconcile opening balances and correct prior errors through adjusted journal entries.
  • Prepare consolidated quarterly financial packs including income statement, balance sheet, and cash flow.
  • Validate compliance with major IFRS standards.
  • Redesign Chart of Accounts and refine cost center models.
  • Reconcile AR, AP, and Inventory subledgers.
  • Validate AR/AP aging and ensure accurate cash flow segregation.
  • Prepare adjustment schedules and journal entries for management approval.
  • Produce a Remediation Summary Report detailing issues and corrective actions.
  • Conduct weekly review meetings with the CFO Consultant and provide progress updates.

Key Skills:

  • Strong hands-on experience with IFRS standards.
  • Experience with financial statement restructuring and restatements.
  • Ability to redesign accounting frameworks, including COA and COGS structures.
  • Proficiency with QuickBooks Desktop.
  • Experience producing audit-ready working papers.
  • Excellent English communication skills.

Salary (Rate): undetermined

City: undetermined

Country: undetermined

Working Arrangements: remote

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

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 applicant's 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.