Head of Accounts

Job description:
Accounting Operations
 Initiate all approved payments on banking portal.
 Prepare bank payment instruction for payments above the internet banking limit
 Prepare instruction for custom duty payment with required documents such as custom
demand note, PAAR and Custom declaration
 Ensure timely and accurate reporting of accounting information system to strengthen
efficiency.
 Ensure daily posting of all necessary ledgers of account accordingly
 Manage office cash and update transfer payments with supporting documents
 Disburse funds necessary for office operations e.g., transport and office supplies etc.
 Track and confirm payments from customers and any other bank activity
Expat Mobility Management
 Prepare invitation letter for visa application for international business partners and staff
 Assist with visa on arrival and airport clearance for international business partners
 Attend to all immigration issues
Budget Planning

 Assist in preparing annual budget by sourcing for information from all departments in the
organization
 Monitor and analyze monthly operating results against budget and manage the
preparation of management report of budget / actual revenues and expenses
Regulatory Compliance
 Prepare necessary document for NSIFT compliance certificate, follow-up to ensure
certificate is issued
 Prepare necessary document for PENCOM compliance certificate, follow-up to ensure
certificate is issued
 Prepare necessary document for ITF compliance certificate, follow-up to ensure
certificate is issued
 Ensure annual payment is made to Financial Reporting Council of Nigeria
 Ensure regular remittance of pension deduction to PENCOM
 Ensure payment is made to Nigeria Nuclear Regulatory Authority as at when due
 Ensure registration of the company with Lagos State for tender publication information
 Attend to all issues with road transport regulators; LASTMA, FRSC & VIO
 Process Customs dues as required
 Comply with federal, state, and local financial legal requirements by studying existing
and new legislation, enforcing adherence to requirements, and advising management on
needed actions.
Tax Administration
 Follow -up with the Auditor for Tax Clearance Certificate (TCC)
 Ensure filing of annual employee’s returns to LIRS
 Attend tax and investigative audit exercise by Federal Inland Revenue Service (FIRS)
 Attend Tax audit exercise by Lagos Inland Revenue Service (LIRS)
 File for monthly VAT returns from the appropriate authority
Payroll Administration
 Prepare monthly payroll in collaboration with HR
 Prepare payee tax and pension commutation as guided by the Financial consultant
 Engage auditors to prepare them and finalize yearly payee audits within the stipulated
time.
Financial Reporting
 Prepare monthly, quarterly and annual financial statements.
 Perform internal audit to substantiate financial statements and transactions.
 Monitor and report on any account discrepancies
 Ensure reports are in alignment with International Financial Reporting Standards (IFRS)

Internal Control
 Evaluate the efficacy of risk management processes in place.
 Make recommendations on how to improve internal controls. Identify loopholes and
recommend risk-mitigating measures.
 Review of petty cash.
 Protect against fraud and theft of the organization's assets.
 Call-over of postings by the collections team to assess correctness, promptness and
completeness.
 Call-over of ledger postings by the Accounts department to ensure correctness and
adherence to accounting principles and guidelines.
 Periodic risk assessment of internal processes in order to identify loopholes and
proffering appropriate solutions.
 Conduct investigations into identified and reported cases of loss or theft.
Accounting Software (Odoo)
 Enter accounting records/information in the accounting software
 Generate reports from time to time form the software
Qualification & Experience
? A Bachelor’s degree in Accounting, Finance or a related field.
? Professional certification such as CFA, CPA, ACCA, CIMA
? Minimum of 10 years related experience
? Experience in the use of Accounting software
Job Type: Full time