Chief Accountant Officer

Overview

Job Title: Chief Accountant Officer
Job Description
Role Overview
Job Objective: Chief Accountant Officer serves as the principal executive accountable for the financial strategy development and execution and is responsible for ensuring the integration of both operational and financial measures aimed at efficiency, growth and profitability of the business.
Job Overview: The Chief Accountant Officer is charged with day to day finance and accounting transactions and ensures effective treasury management, whilst ensuring that liquidity positions are maintained. He/she is responsible for budgeting and financial performance monitoring and reporting company-wide.
Reports to: The Chief Operations Officer (COO)
Employment type: Full time
Location: Lagos (Mainland)
Duties and Responsibilities
As the Chief Accountant Officer,, your responsibility will include:
Develop and articulate a comprehensive financial and risk management strategy for the business.
Liaise with financial services organization as may be required to ensure the business remains adequately funded in terms debt, equity and working capital requirements.
Lead the formulation and execution of corporate level investment and financial management for enhancing business growth and operating efficiency
Define financial targets
Establish and maintains an effective financial management framework covering treasury, tax planning, financial control and management information system, processes and, which support business objectives and enables the effortless production of relevant periodic reports
Develop and implement effective finance and accounting systems, processes, procedures and policies which provide effective controls in the deployment and utilization of capital and assets.
Manage the budgetary process to ensure all budgets adequately reflect periodic resource requirements and revenue estimates for the business; coordinates the periodic financial performance monitoring and reporting of the company.
Approves all finance and accounting transactions and ensures processes and or procedures are effectively complied with; including regulatory or statutory requirements.
Ensure the provision of timely, comprehensive and accurate management accounts that enable decision making process.
Effectively manage company taxes and other statutory returns to regulatory authorities
Effectively manage the company’s asset, debt, cost and profitability position.
Report known contraventions of statutory regulation to the CEO

Qualifications, Experience and Skill requirements

Education and Work Experience requirement
A Minimum of First degree (HND/BSc) in Accounting, Finance, Business Administration or Economics
MUST be a chartered accountant
Minimum of 8-10 years’ work experience.
The last 5 years must be in executive management role within a structured business environment.

Knowledge and experience area

Clear understanding of Financial Planning
Budgeting (Revenue, Direct Cost, Capex and Opex)

Financial Reporting Systems
IFRS Compliant
Industry Knowledge
Trade or Core Business knowledge
Reporting Requirements
Software Applications (Sage, Navision etc)

Financial Controls & Compliance
Budgetary Controls
Internal Controls
Quality Controls
Process Compliance

Financial Recording and Documentation
Requisition procedures
Authorization procedures
Approval procedures
Availment Procedures
Recording (Vouchers, Forms) of Transactions
Referencing, Filing and Archiving of documents
Storage of documents
Auditing (working with the auditors)
Tax Planning, Implementation and Audit (starting from Jan all through, handling LIRS, FIRS on VAT and WHT matters)

Required skills
Leadership skills
Good Communication Skills (Written and Verbal).
Microsoft office skills (excel).
Ability to train and impart knowledge
Planning and organizing.
Interpersonal skills and the ability to manage people effectively.
Excellent work ethics
Strategic planning and analytical thinking skills.
Ability to work under pressure and deliver.
High level of initiative and a good team player.
Attention to detail