Head of Account

4 days ago

Lagos, Lagos, Nigeria Maybrands Limited Full time

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
  • Analyze 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 and 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.
  • 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.
  • 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 balance sheets monthly to prepare monthly management accounts.
  • Other duties as may be assigned by internal management.

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.

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