Head of Accounts at Careerbuddy

About the Job

Numbers tell a story, and you’re the one who makes sure every detail is accounted for. As the Head of Accounts, you'll be at the helm of financial operations, ensuring accuracy, compliance, and strategic financial planning. From managing financial reporting to overseeing payroll and tax compliance, this role demands a leader who thrives in structure and precision.

Your Job Description

• You will oversee the preparation of monthly, quarterly, and annual financial statements in compliance with accounting standards.
• You will provide financial analysis and reports to senior management, highlighting key trends, risks, and opportunities.
• You will ensure timely submission of financial reports to regulatory bodies.
• You will lead the annual budgeting process, collaborating with department heads to ensure realistic projections.
• You will monitor and evaluate budget performance, providing regular updates and recommendations.
• You will conduct financial forecasting and scenario analysis to assist in long-term planning.
• You will supervise daily accounting operations, including accounts payable, receivable, payroll, and general ledger.
• You will ensure accurate reconciliation of financial transactions and timely book closures.
• You will oversee and respond to emails directed to the accounting department.
• You will supervise and review bills before sending them to clients.
• You will oversee financial aspects related to embryo, egg, and semen freezing follow-ups.
• You will ensure compliance with tax regulations, including PAYE, VAT, and corporate tax.
• You will coordinate with external auditors and facilitate statutory audits.
• You will stay updated on tax legislation and accounting standards to ensure compliance.
• You will lead and manage the accounting team, providing mentorship and professional development.
• You will implement performance metrics to ensure operational efficiency.
• You will oversee the bank reconciliation process, identifying and resolving discrepancies.
• You will manage and safeguard company assets, ensuring accurate asset records.
• You will provide strategic financial advice to support key business decisions and investment opportunities.
• You will recommend and implement financial system improvements for better accuracy and efficiency.
• You will ensure all payment transactions are reviewed, validated, and properly documented before disbursement.
• You will review journal postings to ensure accuracy and adherence to accounting standards.
• You will oversee payroll preparation, ensuring timely and accurate processing.
• You will monitor inventory levels, preventing overstocking or shortages.
• You will negotiate with banks to secure favorable terms for financial dealings.
• You will liaise with external auditors and address audit queries promptly.
• You will review the company’s investment portfolio and provide strategic recommendations.
• You will follow up on outstanding invoices and oversee documentation and compliance for embryo.

The Job Requirements

• A degree in accounting, finance, or a related field; professional certifications such as CPA or ACCA are preferred.
• At least 7 years of experience in accounting and financial management, with leadership experience.
• Strong knowledge of financial reporting standards, budgeting, and compliance regulations.
• Proficiency in accounting software and ERP systems.
• Excellent analytical, strategic planning, and problem-solving skills.
• Strong leadership and team management abilities.