Head of Accounts at ADDAS Ultimate Limited

Job Description

• The Head of Accounts is responsible for overseeing the financial operations of the company, which includes a retail mall, fashion store, and events centre.
• The role involves providing strategic financial guidance, ensuring robust financial controls, regulatory compliance, accurate reporting, and efficient management of accounting processes across all business units.

Responsibilities
Financial Leadership & Strategy:

• Lead and coordinate financial planning, budgeting, and forecasting for all entities within the group.
• Provide financial insights and recommendations to support strategic business decisions.
• Develop and implement financial policies, procedures, and internal controls across the group.

Accounting Operations:

• Oversee the preparation and consolidation of monthly, quarterly, and annual financial statements.
• Ensure timely and accurate financial reporting in accordance with applicable accounting standards (e.g., IFRS).
• Supervise general ledger, accounts payable/receivable, payroll, and fixed asset accounting.
• Manage intercompany transactions and reconciliations.

Compliance & Audit:

• Ensure full compliance with statutory requirements, including tax filings (VAT, PAYE, WHT,), regulatory returns, and audit obligations.
• Coordinate both internal and external audits, and implement audit recommendations.
• Ensure compliance with all financial and accounting regulations applicable to the retail, fashion, and events industries.

Team Management:

• Lead, supervise, and develop the accounting team across the group.
• Promote a culture of accountability, accuracy, and continuous improvement within the finance department.
• Facilitate regular training and capacity development for finance staff.

Cashflow & Treasury Management:

• Monitor cash flow, manage working capital, and oversee treasury functions.
• Liaise with financial institutions regarding facilities, banking operations, and funding requirements.
• Implement and monitor effective cost control and risk management strategies.

Systems & Reporting Tools:

• Oversee the implementation and optimal use of accounting and ERP systems across all business units.
• Ensure data integrity and accurate financial analytics for management decision-making.
• Generate regular financial performance reports for senior management.