Head of Accounts at Saroafrica International Limited

Job Description

Duties / Responsibilities
Leadership/Supervisory Role:

  • Supervise end-of-period processes and supports the analysis of the periodical business performance, budgets, and forecasts.
  • Leads the accounting department in the establishment of risk management procedures as well as the update of those procedures.
  • Motivates, develops, and creates a departmental culture and vision, taking full responsibility for the success or failure of the quarterly/annual audit process.
  • Responsible for building talent across the accounting department and supports continuous improvement initiatives across the finance department.

Documentation & Reporting:

  • Prepares reports in reflection of the revenue quarterly/annual processes.
  • Develops reports on all accounting related matters inclusive of taxation matters.
  • Pro-active advice and recommendations on the business’s financial approaches from an accounting and taxation perspective.
  • Completeness and accuracy of bank/cash reconciliations.
  • Review financial information and analysis from direct reports.
  • Presenting reports to senior executives, stakeholders, and board members.
  • Establish and implement financial reporting systems to comply with government regulations and legislation.
  • Managing financial transactions.
  • Create monthly and annual reports to identify results, trends, and financial forecasts.

Financial Analysis:

  • Ensures the accounting departments in the preparation of accounts and conducting quarterly/annual auditing and the final preparation of accounts
  • Ensures the accounting department in the preparation and monitoring the business’s annual budgets and liaises with external auditors to drive ad hoc projects that will improve process efficiency.
  • Ensures that there is a proactive engagement across the accounting department in implementing audit findings with a view of improving the business’s overall financial performance.

Statutory Compliance & Tax:

  • Tax planning and ensuring statutory tax compliances on Coy Tax, VAT, WHT and other relevant taxes.
  • Interface with the auditors, tax authorities, banks, and regulatory agencies
  • Preparing company tax.
  • Ensuring compliance with all other statutory and financial regulations e.g. IFRS
  • Coordinate the preparation of regulatory reporting.
  • Manage and comply with local, state, and federal government reporting requirements and tax filings.

Accounting & Auditing:

  • Ensuring proper accounting records are maintained aligned with Organizational Goals
  • Maintains professional development, remains abreast of relevant accounting issues and financial policy and standards.
  • Establishing a mechanism/checklist to ensure operations are under control and give requisite support to business heads.
  • Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
  • Debt management and collection
  • Collaborate with auditing services to ensure proper compliance with all regulations
  • Ensure that all financial transactions are properly recorded, filed, and reported
  • Coordinating audit processes.
  • Ensure quality control over financial transactions and financial reporting

Cost Control, Cash Flow Management & Administration:

  • Imports and logistics supervision
  • Receivables, Payables and Stocks control
  • Improving efficiencies and reducing costs across the business
  • Monitor and facilitate administration activities for the company
  • Ensure assessment and proper control on the admin expenditure for the company.

Education and Experience

  • Bachelor’s Degree in Accounting, Economics, Finance, or relevant field (Minimum of Second class upper).
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Applicant must have a Minimum of 7 years relevant experience in Financial Management and Controls.
  • Age Requirement: 30 – 38 years old.

Required Skills / Abilities:

  • Advanced Accounting Skills
  • Proficiency in accounting software.
  • Analytical Skills
  • Innovative Leadership
  • Time Management
  • Decision Making and Problem Solving
  • Communication and Inter-Personal Skills
  • Leadership; Coaching, Delegating and Developing People
  • Change Management Skills
  • Networks and Alliances
  • Strategic thinking
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