Head of Account at Raeanna Nigeria Limited

Job Brief

• We are looking for a Head of Account to supervise all financial tasks of our company and ensure we use capital and resources beneficially.
• The Head of Accounting oversees all activities of the accounting and tax accounting departments and is involved in the supervision and management of general accounting activities, analyses, business partnership, and the maintenance of effective internal controls while ensuring statutory compliance in all accounting initiatives.
• Ultimately, you will maintain our company’s financial health and increase profitability in the long run.

Key Roles & Responsibilities

• Completes and gains the approval of Board of directors and oversees the financial health and financial performance of the Company, as well as a fiduciary responsibility to Investors.
• Creates and reviews all period-end activities to ensure the period-end financial statements accurately reflect the results of the Company’s activities, and is familiar with the specific software procedures for keeping the prior year open until all final closing adjustments have been made and approved.
• Directs the Finance Department in developing borrowing and financial plans to meet the needs of the Company’s operations.
• Ensures that corrective actions are taken in a timely manner and that the company is in compliance with the accounting standards, and approves and signs all financial statements, financial reports, and tax returns.
• Ensures that processes needed for the financial management system are established, implemented, and maintained, and reports to the CEO and Board of Directorson the performance of the financial management system and reports any need for its improvement.
• Executes the valuation process, recording valuation plans, results, improvement plans, and provides all needed information for the valuation process.
• Is the main point of contact between the Company and the External Auditor and coordinates Company audit activities and responses.
• Oversees the Company’s financial investment in inventories and assists in developing and reviewing the inventory management process.
• Prepares and submits all financial statements as required by law and by company policy.
• Prepares forecasted financial statements, and prepares management reports and recommendations to Top Management and the Board of Directors concerning forecasted financial statements.
• Reviews and approves requests for financial statements and any other proprietary, confidential, and/or sensitive financial information, the Risk Management Plan, and all reconciliations.
• Translate tactical work plans into detailed tasks and programs. Plan, undertake and supervise financial and system audits and compliance activities across Finance to ensure that all Finance functions and systems are working in line with management-advised guidelines.
• Draft, perform and supervise tests of the design, implementation and operating effectiveness of key financial and business controls.
• Enforce appropriate user access and segregation of duties in financial systems.
• Support the Finance function through participation in risk assessment and controls evaluation to ensure that risks are appropriately mitigated through control enforcement and/ or process improvements. Actively lead control enforcement or process improvement initiatives
• You will lead and ensure compliance with statutory annual audit process and tax reporting. Liaise with auditors and tax consultants. Supervise team members who do the billings, payments, and revenue reconciliations. Monitor financial details to ensure that legal requirements are met.
• Oversee the financial activities of the Company for financial reporting and help management make financial decisions. You will interface with managers of other departments, implement Group company policies and respond to questions and issues concerning Finance and Accounting matters
• Responsible to prepare, analyse, and report financial performance against key business metrics. Prepare budget and regular forecast in conjunction with the requirements of the company.

Qualifications & Experience Required

• Bachelor's Degree in Accounting, Finance, Business Management or related field. Professional certifications, e.g., ACA, ACCA will be an asset.
• +10 years relevant experience
• Good appreciation of IFRS accounting,
• Relevant experience managing projects.
• Good understanding of software development lifecycle and strong analytical skills.
• Exposure to internal and external audit training is an added advantage.

Job-Specific Competencies
Functional:

• Internal Audit
• Business Process Design
• Project Management
• Risk Assessment
• Financial Acumen
• Excel
• PowerPoint
• Flowcharting.

Behavioural:

• Business Communication
• Workload Management
• Attention to Detail
• Analytical Thinking
• Research Orientation
• Collaboration & Teamwork
• Initiative & Judgement.