Head of Accounts at PricewaterhouseCoopers (PwC)

Reference Number: 130-PEO00861
Location: Lagos
Department: People & Change Nigeria
Job Type: Permanent

Roles & Responsibilities
Business Planning and Financial Strategy:

• Assesses the company's performance against the annual budget and the company's approved 5-year Plan
• Develops tools and systems to provide critical financial and operational information to the MD and provides actionable recommendations on both strategy and operations
• Assists in establishing strategic priorities and yearly objectives for the subsidiary.
• Develops and utilises forward-looking, predictive models and activity-based financial analysis to provide insight into the company's operations and business plans

Financial Control and Risk Management:

• Ensures there is a thorough review of Stock Reconciliation, advices management on variance analysis and general stock management at all Drop Points and the terminal.
• Assesses and manages risks associated with Receivables. Monitors and provides real-time reports on credit Control Policy, and organises quarterly debtors validation exercise with the Risk and Compliance unit
• Ensures variance analysis is monitored electronically by the finance team
• Ensures Customers’ statements are circulated every month and feedback gotten from the customers.

Cash Flow Management:

• Ensures the right mechanisms are in place to ensure all Suppliers obligations are paid when due
• Manages the Cash Flow Planning Process and reports actual cash flow performance. Identifies possible funding gaps and advises on funding sources
• Oversees Accounts Receivable management and provides support to collections activities
• Supports the company’s credit policy by ensuring the controls in place are adequate and infractions are reported promptly

Financial Reporting and General Administration:

• Ensures the seamless and real-time running of the financial reporting processes to aid speed of service delivery to both internal and external parties
• Provides real-time and reconciled, accurate financial information
• Reports the actual financial Performance and compares with the Control Levers
• Oversees the finance department to ensure proper maintenance of all accounting systems and function

Requirements

• Minimum of a First Degree (HND or B.Sc.) in Accounting, Economics, Finance, or related disciplines
• Must be a Chartered Accountant (ACCA or ACA).
• An MBA or equivalent postgraduate management degree is an added advantage
• Minimum of 7 - 8 years relevant experience, with at least 2 years’ experience in a leadership position
• Work experience within FMCG, Manufacturing or Trading organisations is required.