Head of Account

Job Title

Head of Account

Location

Port Harcourt, Rivers

Job Summary

• The Head of Accounts is responsible for overseeing the Group’s financial accounting and reporting processes, ensuring accuracy, compliance, and timeliness of financial information.
• The role provides leadership to the accounting team, strengthens internal controls, and supports strategic decision-making through high-quality financial insights.

Key Responsibilities

Accounting Operations and Financial Reporting Oversight:

• Supervise the preparation and presentation of periodic financial statements (monthly, quarterly, annual)
• Ensure financial reports are auditable, accurate, complete, and in line with IFRS and regulatory requirements.
• Provide financial analysis and insights to support management decision-making.
• Maintain ownership of QuickBooks ensuring completeness and accuracy QuickBooks. Identify errors, initiate corrections, and implement controls to prevent recurrence.
• Maintain and enforce proper accounting procedures across the team.

Month-End Close Coordination:

• Oversee and coordinate month-end and year-end close processes.
• Ensure timely completion of all closing activities, including journal entries, accruals, and reconciliations.
• Monitor adherence to reporting timelines and resolve bottlenecks.

Bank and GL Accounts Reconciliation Oversight:

• Ensure all bank and SFP accounts are analysed and reconciled monthly and all reconciling differences resolved before the next one.
• Review reconciliation reports and investigate discrepancies.
• Ensure proper documentation and audit trail for all reconciliations.

Trade Payables Management:

• Accountable for the accounts payable processes, ensuring timely and accurate recording of liabilities.
• Ensure accuracy of Vendors ageing analysis
• Monitor vendor payments and ensure compliance with agreed terms.

Fixed Assets & Right-of-Use (ROU) Assets:

• Ensure an updated Assets Register, ensuring proper capitalization, depreciation, and disposal accounting.
• Oversee accounting for Right-of-Use (ROU) assets in line with applicable lease accounting standards (e.g., IFRS)
• Ensure periodic verification and reconciliation of asset records.

Internal Controls & Compliance:

• Ensure compliance with financial regulations, company policies, and audit requirements.
• Serve as Lead on internal and external audit processes ensuring timely closure.

Team Leadership & Development:

• Lead, supervise, and mentor the accounting team.
• Allocate responsibilities and monitor team performance.
• Identify training needs and build capacity within the department.

KPI

• Timely and accurate month-end close (within 5 working days).
• Final draft of audited accounts are ready latest June of the succeeding year
• Team cohesion and development.
• Zero tax penalties from late / erroneous filing and payment

Target:

• KPIs will be tracked monthly

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, or a related discipline.
• Professional qualification (ICAN or ACCA) is mandatory.
• Minimum of 10 years’ experience in accounting, with at least 4 years leading the financial accounting team
• Proven experience in a retail, supermarket, or FMCG environment with high transaction volumes.
• Proven experience in handling a Big 4 audit
• Leadership and team management
• Excellent knowledge of IFRS, Nigerian tax regulations, and internal control systems.
• Proficiency in ERP/accounting software (QuickBooks).
• Advanced Excel and analytical skills

Internal Relations / External (Work) Relations:

• All internal departments
• External Auditors
• Tax Consultant.

Salary

N750,000 monthly.

Application Closing Date

Not Specified.