Head Accounting and Tax at Phillips Consulting

SUMMARY:

The Head of Accounting and Tax is a senior leadership role responsible for overseeing all aspects of the accounting and tax function. This individual will provide strategic direction and ensure the accuracy, timeliness, and compliance of the company's financial reporting.

REQUIREMENTS

• Bachelor’s degree in accounting, Finance, or a related field (ICAN, ACCA or equivalent professional designation highly preferred).
• Proven work experience from any of the BIG 4 is an added advantage
• Proven work experience in an FMCG company is a MUST
• Minimum 7 years of experience in a progressive accounting and tax leadership role.
• Demonstrated experience in managing and leading accounting and tax teams.
• Proven ability to handle complex accounting and tax matters, including audits.
• Strong analytical and problem-solving skills.
• Excellent communication, interpersonal, and leadership skills.
• Ability to work independently and as part of a team.
• Proficient in accounting software (e.g., ERP systems).

RESPONSIBILITIES

• Management and Leadership:
  • Oversee the day-to-day operations of the accounting department, leading and guiding the accounting and tax teams.
  • Execute board-approved projects related to accounting and tax functions.
• Accounting and Tax Management:
  • Manage all tax audits, representing the company during interactions with tax regulators and auditors.
  • Oversee statutory audits, collaborating with external auditors for timely and accurate completion.
  • Monitor and ensure tax compliance across the organization, including payments, accruals, and filing deadlines.
  • Supervise the accounting and tax teams in managing various financial functions, including inventories, general ledger (GL), prepayments, and employee expenses.
• Financial Reporting and Close Process:
  • Oversee the month-end P&L closure process for headquarters, including variance analysis and reporting.
  • Oversee the month-end B/S closure for the entire business, including variance analysis and preparation of supporting schedules.
  • Manage the year-end closing process, reviewing the GL and trial balance, and making necessary adjustments to ensure accuracy.
  • Review and approve journal entries for proper accounting treatment and adherence to internal controls.
• Compliance and Standards:
  • Keep the business informed of relevant accounting standards and regulatory changes, ensuring full compliance with all applicable standards.
  • Review and approve staff advances and retirements in accordance with company policies and procedures.
• Other Responsibilities:
  • Stay up-to-date on the latest accounting and tax regulations through ongoing professional development.
  • Maintain strong relationships with internal stakeholders (e.g., departments, management) and external auditors.
  • Proactively identify and address potential accounting and tax issues.