Head of Accounts at The Olive Prime Psychological Services

Reports to: Medical Director

Job Description

• Responsible for day-to-day finance and accounts operations
• Provide managerial and oversight for all accounting functions in the organisation.
• Provide accurate, timely periodic financial statements to management.
• Provide direction to accounting department staff.
• Provide oversight of assets and finances of the organization.
• Manages overall responsibility for accounting-related information from various centres.
• Oversight may include monitoring purchases compared to the budget, accounts payable, general ledger, payroll, and capital expenditures/equipment.
• Reconciliation of all cash accounts and monitoring of cash receipts and disbursements.
• Evaluate performance and professional development of staff.
• Assist in the management of the overall operational, budgetary, and financial responsibilities and activities.
• Make business decisions that are financially responsible, accountable, justifiable, and defensible in accordance with organization policies and procedures.
• Handle full spectrum of financial and cost accounting role e.g. AR, AP, GL, forecasting, budgeting etc.
• Supervises end-of-period processes and supports the analysis of the periodical business performance, budgets, and forecasts.
• Management and coordination of activities relating to Vendors/Procurement.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to management
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns.
• Work consultatively with the respective departments on cost reduction initiatives
• Review & approve payment vouchers & journal entries.
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
• Overseeing the Maintenance and reconciliation of Goods Receipts/ Invoice Receipt Account.
• Create and enhance financial policies and procedures across the accounting department as well as the wider Finance department.
• Ensures consistency in procedures and policies across the accounting department and that these policies are appropriately set for the achievement of the business’s overall goals and objectives.
• Leads compliance with the business’s internal corporate framework policies and finance manuals.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Monthly evaluating of un-applied Advance Payment to determine the risk level.
• Monitors expenditures, analyze revenues and determine budget variances
• Perform month-end accounting activities such as reconciliations and journal entries.
• Develops reports on all accounting related matters inclusive of taxation matters. These reports accompany pro-active advice and recommendations on the business’s financial approaches from an accounting and taxation perspective.
• Formulate and oversee the implementation of the company’s accounting policies
• Ensure completeness and accuracy of the company’s records (e.g. Clients, Suppliers, Banks, Employees, Management, Government and its relevant agencies etc.)
• Perform any other duty assigned by the Medical Director

Education, Experience & Skills

• Minimum of M.Sc in Accounting
• First Degree must be in Accounting
• Certified member of ICAN/ACCA
• Minimum of 4- 5 years’ core experience in accounting/management account
• Excellent strategic planning skills
• Ability to work independently and highly meticulous.
• Ability to lead and manage a team effectively
• Good working knowledge of Microsoft Excel
• Knowledge of Oracle Financials or any other financial software
• Must be resident in Abuja