Head of Accounts & Finance at Adeeva Capital Limited

Department: Accounts & Finance
Reports To: Managing Director
Direct Reports: Sales Support, Clerk
Duration: Continuous

Job Purpose

• The Head of Accounts/Finance will be responsible for planning Adeeva Insurance financial strategy, protecting the company’s revenues and profits so as to achieve full and sustainable growth.

Job Duties

• Preparation and Presentation of Company Annual Reports & Accounts.
• Preparation of Premium Remittance to the Underwriters.
• Preparation of Commission Remittance to Co-Brokers
• Preparation of Monthly, Quarterly, Bi-Annual and Annual Reports to NAICOM. Attending to Regulatory issues viz; NAICOM, FIRS, SBIR, PENCOM, ITF, NSITF etc. for compliance
• Supervising Monthly Filling and Annual Return to NAICOM, FIRS, LIRS, PENCOM, ITF and NSITF, etc
• Ensuring that all Bank accounts are maintained as instructed by the regulators. i.e Client & Commission Account.
• Keep the MD abreast of the organisation's financial status.
• Update and maintain accounting journals, ledgers, and other records detailing financial business transactions (i.e. disbursements, expense vouchers, receipts, accounts payable).
• Report periodically to the MD and regulatory authorities in line with relevant contractual framework and timelines
• Maintain financial security and confidentiality by following internal control procedure(s).
• Assist with payroll system and payroll-related items.
• Ensure computation, preparation, payment, and filing of taxes accurately.
• Ensure statutory compliance with Federal and State financial laws and regulations by studying existing and new legislation, adhering to requirements, and advising the MD when required.
• Assist with administrative functions to ensure efficient and consistent operations within the organization.

Person Specification & Additional Requirements

• M.Sc / MBA / Professional Qualification in ICAN or ACCA is an added advantage.
• Minimum of 5 years of work experience in Audit, Finance, or Accounting.
• Excellent knowledge of data analysis and financial modeling.
• Must be very tech-savvy.
• Proficient in the use of MS Office tools
• Strong leadership and organizational skills.
• Excellent communication and people management skills are compulsory
• Ability to use sound judgment.