Head of Account at Elizabeth Maddeux

Location: Egbeda, Lagos.

Job Description

• Our client, a reputable company in the pharmaceutical industry, is seeking a highly experienced and detail-oriented Head of Account to lead and manage the organization’s finance and accounting function.
• The ideal candidate will be responsible for overseeing financial operations, ensuring compliance with regulatory standards, driving financial strategy, and providing accurate financialinsights to support business decision-making.

Key Responsibilities
Financial Accounting & Reporting:

• Oversee preparation of monthly, quarterly, and annual financial statements.
• Ensure accurate recording of transactions in line with IFRS and company policies.
• Manage general ledger, reconciliations, and financial close processes.
• Prepare management reports and financial analysis for leadership.

Regulatory & Statutory Compliance:

• Ensure compliance with tax laws, statutory filings, and regulatory requirements.
• Coordinate external audits, statutory audits, and regulatory inspections.
• Maintain proper documentation for compliance reviews and audits.
• Ensure compliance with industry-specific financial and regulatory requirements.

Budgeting, Forecasting & Cost Control:

• Lead annual budgeting and periodic forecasting processes.
• Monitor budget performance and variance analysis.
• Implement cost control measures without compromising quality or compliance.
• Support pricing decisions and margin analysis.

Internal Controls & Risk Management:

• Establish and enforce strong financial controls and approval processes.
• Ensure segregation of duties and fraud prevention mechanisms.
• Conduct periodic internal reviews to identify risks and control gaps.
• Support internal and external audit recommendations implementation.

Cash Flow & Treasury Management:

• Oversee cash flow planning, liquidity management, and banking relationships.
• Manage accounts payable and receivable to optimize working capital.
• Monitor inventory valuation and cost of goods sold (COGS).
• Ensure timely payment of vendors, staff, and statutory obligations.

Team Leadership & Development:

• Lead and supervise the accounts and finance team.
• Provide coaching, performance management, and capacity development.
• Ensure adherence to deadlines and high-quality output from the team.

Strategic & Management Support:

• Provide financial insights to support business growth, expansion, and investments.
• Support management in strategic planning and decision-making.
• Collaborate with operations, procurement, and sales teams to ensure financial alignment.

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial reports.
• Compliance with tax, regulatory, and audit requirements.
• Effective budget management and cost control.
• Cash flow stability and optimization.
• Audit outcomes and resolution of financial discrepancies.
• Team performance and productivity.
• Reduction in financial risks and operational inefficiencies.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional qualification such as ACA, ACCA, or ICAN is required.
• Minimum of 5–8 years relevant accounting experience, with at least 2 years in a leadership
• role.
• Prior experience in the pharmaceutical or healthcare industry is an added advantage.
• Strong knowledge of Nigerian tax laws and financial regulations.

Skills & Competencies:

• Strong leadership and people management skills.
• Excellent financial analysis and reporting abilities.
• High level of integrity and attention to detail.
• Proficiency in accounting software and Microsoft Excel.
• Strong organizational and time management skills.
• Ability to work independently and make sound financial decisions.
• Excellent communication and stakeholder management skills.

Salary and Benefits

• N350,000 - N450,000 monthly.
• Opportunity to work with a reputable organization in the pharmaceutical industry.
• Professional growth and career development opportunities.
• Stable and structured work environment.
• Supportive management team.