Head of Accounts

Full Time
  • Full Time
  • Lagos - Lekki
  • Professional Qualification is an added advantage

Maybrands Nigeria Limited

Job Description
 Prepare profit and loss statements and monthly closing and cost accounting reports
 Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts and document business transactions.
 Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by the managing director.
 Preparation of monthly payroll.
 Reconciles financial discrepancies by collecting and analyzing account information, e.g. bank accounts, trade receivables, trade payables, stock, inter-branch accounts, etc.
Monthly/Quarterly/Annual analysis of financial statements
 Analyse and review budgets and expenditures.
 Monitor and review accounting and related system reports for accuracy and completeness.
 Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
 Summarizes current financial status by collecting information; preparing statement of affairs, comprehensive Income Statement location wise, global and other reports as demanded by the Managing Director.
 Guides account officer by coordinating activities and supervising assigned tasks.
 Analyze revenue and expenditure trends, recommend appropriate budget levels, and ensure expenditure control.
 Handling preparation and filing of tax returns and compliance issues.
 Explain accounting policies to staff when required.
 Resolve accounting discrepancies.
 Recommend, develop, and maintain financial databases, computer software systems, and manual filing systems.

 Interact with internal and external auditors in completing audits.
 Under the supervision of the Internal Auditor manage the production of Annual and Quarterly reports and Accounts and the associated supporting evidence and reconciliations.
 Recommends financial actions by analyzing accounting options.
 Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions. E.g. Tax Management of Federal, State, and Local Government.
 Secures financial information by completing database backups.
 Contributes to team effort by accomplishing related results as needed and ensuring managerial support to operations.
 Production of a statutory-based set of management accounts, including a balance sheet monthly to prepare monthly management accounts.
 Ensure that key financial processes are properly documented, updated, and reviewed regularly to achieve improvements and efficiencies.
 Produce, as required, any ad hoc reports required by the internal auditor and/or Management.
 Other duties as may be assigned by internal management.

Key Performance Indicators
 Timeliness in preparation of budgets/reports.
 Timely preparation of management accounts and consolidation of the company’s financial statements.
 Level of efficiency in management of General Ledger according to defined accounting principles.
 Level of efficiency in the management of taxation and providing taxation reports and all other statutory reports/returns
 Completeness of fixed assets inventory/register.
 Average time to process approved payments and invoices on approved transactions. Working knowledge, skills, competencies and attributes
 A strong financial accounting background.
 Capable of demonstrating up-to-date technical financial reporting knowledge including in-depth knowledge of International Financial Reporting Standards (IFRS).
 Knowledge of financial and accounting software applications, including advanced Excel skills.
 Knowledge of federal and state financial regulations.                             Ability to analyze financial data and prepare financial reports, statements, and projections.
 Ability to multitask on several job requirements, including the willingness to work a flexible schedule.
 Must be a team player with the ability to work with colleagues across the company.
 Must be detail-oriented and capable of handling large amounts of data.
 Good oral and written communication skills.
 Ability to efficiently prioritize, plan, coordinate, and monitor own work plan.
 Good knowledge of the use of Microsoft Office suite (PowerPoint, Word, Outlook)
 Good knowledge of QuickBooks.

Qualifications and Experience:
 A university degree in Accounting or related field.
 A minimum of 5-10 years of working experience within the finance/audit and control department of a corporate organization or professional services organization.
 Professional qualifications such as ACA, ACCA, ICAN, CFA, etc.

To apply for this job email your details to Adedamolaazeez93@gmail.com