Head of Accounts / Senior Accountant at Salpha Energy Limited

⏲ Oct 22, 2021, 5:48 AM
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Salpha Energy Limited is a social, for-profit business that designs, distributes, solar-powered home energy products, with an underserved population in mind: the 200 million national consumers for whom the old-fashioned electrical grid is either unavailable or too expensive.

We are recruiting to fill the position below:

Job Title: Head of Accounts / Senior Accountant
Location: Lagos
Employment Type: Full-time
Job Level: Management level

Responsibilities
Strategy, Planning and Management:

To act as Senior Accountantand strategic business partner to Executive Leadership Team.
To assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
Serve as a key member of executive leadership team and round table discussion panel.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.
Implement policies, procedures and processes as deemed appropriate by senior leadership team.
Provide insight and recommendations to both short-term and long-term growth plan of organization.
Identify, acquire and implement systems and software to provide critical financial and operational information.
Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Communicate, engage and interact with the Executive Leadership Team.
Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
Involve in process to recruit, interview and hire finance, accounting and payroll staff as required.

Financial Analysis, Budgeting and Forecasting:

Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division/unit and weekly cash flow by division/unit.
Review and analyze monthly financial results and provide recommendations.
Develop metrics for reviewing and interpreting financial performance such as financial ratios, KPI, KRI, KGI etc.
Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
Develop and maintain monthly operating budget and annual company operating budget.
Manage financial planning and analysis department.
Work with Human Resources to ensure appropriate legal compliance.
Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
Coordinate and strategize methods used to attain team goals with treasury manager, unit accountants, internal auditor, head of finance etc
Supervise creation of reports, software implementation and tools for budgeting and forecasting.
Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.
Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
Review and ensure application of appropriate internal controls, compliance and financial procedures.
Ensure timeliness and accuracy of financial and management reporting data for company’s board of directors.
Oversee the preparation and communication of weekly, monthly, quarterly and annual financial statements.
Oversee the preparation and timely filing of all local, state and federal tax returns.
Ensure compliance regarding all financial functions.

Financial Management:

Manage cash flow planning process and ensure funds availability.
Oversee cash, investments and asset management area.
Explore new investment opportunities and provide recommendations on potential returns and risks.
Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

Financial Relations and Policies:

Engage with finance committee and/or board of directors to develop short term and long term plans, projections and budgets.
Represent company in banks, financial partners, institutions, investors, public auditors and officials.
Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management:

Mentor and develop a team of senior managers, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
Guide larger, cross-unit teams outside of direct span of control within the main Group.

Cash Management:

Oversee weekly cash management, approve low/large payables.
Oversee activities of treasury managers.
Supervise Accounts Receivable management and provide guidance relating to the collection process.

Job Requirements / Specifications

Bachelor's Degree in Accounting or Finance.
Must be a Chartered Accountant.
MBA / MSc from top business school preferred.
Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
“Hands On” - Sage Evolutionexperience preferred.
Outstanding communication and presentation skills.
Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.
Excellent analytical, reasoning and problem-solving skills.
Significant experience working with external auditors, internal controls and compliance-related issues.
Strong background in Accounting.
Possession of CFE, CISA, CFAN professional certifications as added advantage.
6 years minimum experience as a Head of Accountant/ Senior Accountant.
14+ years total accounting or finance post qualification experience.
Outstanding knowledge and understanding of IFRS, FIRS, compliance and regulatory reporting.