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Head of Accounts

financial Service | Lagos | 2024-05-26 | 0

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Our Client in the financial Service industry is looking to hire for the role of Head of Accounts. Job Requirements
  • B.Sc./HND degree in accounting or related field.
  • (ACCA ACA) Certified.
  • Proficiency in Microsoft Office software and Excel.
  • 5-8 years of experience creating financial statements and working in audit and financial control, including supervisory roles.
  • Thorough knowledge of accounting principles and procedures in line with IFRS standard
Job Description
  • Coordinate and prepare budgets on a monthly, quarterly, semi-annual, and annual basis, including budgetary control and variance reporting.
  • Ensure accurate and timely recording of business transactions in the general ledger, including commissions earned, claims remittance, and settlements.
  • Prepare monthly Management Performance Reports (MPR) and financial statements.
  • Manage funds efficiently, identifying investment opportunities and maintaining liquidity and cash flow.
  • Prepare regulatory returns as required on a monthly, quarterly, and bi-annual basis.
  • Support month-end and year-end accounting processes, including reconciliation, petty cash management, cost review, and variance analysis.
  • Manage tax matters and liaise with relevant tax authorities and external auditors.
  • Ensure effective control over company assets and financial records, developing and monitoring best practice policies, systems, and procedures.
  • Maintain integrity of financial information and accurate records of company inventories.
  • Supervise invoicing, payroll processing, and receivables management.
  • Provide effective people administration and management, including communication, mentoring, and coaching of subordinates.
  • Supervise and oversee administration affairs within the organization.
  • Prepare and submit financial documentation as required by management.
  • Possess excellent knowledge of funds and investment management, as well as insurance policies, procedures, and regulations.
  • Identify financial and administrative strengths, weaknesses, opportunities, and threats (SWOT) and propose cost-saving and process improvement suggestions.
  • Review bank reconciliations and control accounts.
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