Head of Accounts

Goldline Nigeria Limited, with over 20 years of history, is a leading provider of high-quality building and finishing materials to the building and construction industry. The company’s product range includes Interdoors®, Matadoor®, Perattoni®, and PureMetal®, designed to meet specific needs for security, weather resistance, durability, and beauty. Goldline is known for its exceptional customer service, empowered by a highly motivated team and modern technology.

Job Description

• We are currently searching for a qualified accountant with the much-needed experience in taxation, budgeting, and financial management.

Responsibilities
He/she will be expected to perform the following responsibilities:

• Ensure that the company complies with the highest professional accounting principles, conventions, and practices for all its financial activities and transactions.
• Enforce compliance with all Goldline accounting policies and expected professional standards of accountability, transparency, and speed in the company’s accounting and financial management.
• Guarantee the completeness, correctness, relevance, accessibility, timeliness, presentation, and efficient preparation of the company’s accounting reports for managerial use and decision-making.
• Ensure through focused, consistent, and effective oversight that the internal control unit of the department does relentless and meticulous vouching and verification of all entries and postings into the company’s ERP on a real-time basis and that any errors and variations are investigated, sanctioned (where necessary), and corrections made immediately.
• Confirm payments for all sales and deposits and immediately raise relevant documents/payment receipts.
• Customers’ debt management:
  • Produce weekly debtors’ reports.
  • Make the report available to the head of sales & marketing and the managing director.
  • Lead and monitor debt recovery efforts.
  • Where necessary, embark on direct customers’ debt recovery.
• Manage the company’s accounts payable with a high sense of responsibility for the company’s reputation by planning payment commitments efficiently in a manner that allows the company to meet its obligations promptly and in an orderly manner.
• Control cash flows:
  • Prepare periodic cash flow plans of the company. Monthly, quarterly, and yearly cash inflows and outflows.
  • Produce actual cash flow statements, analyses, and interpretations for management.
  • Compute, prepare, and ensure timely remittances of all necessary taxes, pensions, and other relevant statutory payments.
  • Manage workers’ loans, advances, and IOUs.
  • Process and settle insurance premiums, utility bills, and other administrative bills.
• Ensure that all accounting transactions of the company anywhere are accurately posted into the company’s ERP system speedily and on a real-time basis.
• Reconcile all cash accounts, bank accounts, debtor accounts, creditor accounts, journals, and ledger accounts that require reconciliations on a daily basis.
• Control and coordinate all petty cash accounts of the company.
• Ensure correctness of ledger balances in the trial balance and correct classifications of posted transactions into appropriate accounting heads.
• Fixed assets management:
  • Prepare, maintain, and update the fixed assets schedule.
  • Compute and post depreciation, amortizations, depletion, impairments, disposals, revaluations, provisions, loses, etc.
  • Maintain a fixed asset replacement analysis plan.
  • Make a monthly report on fixed assets to the managing director.
• Tax management:
  • Compute, prepare, file, and settle all federal, state, and local government taxes.
  • Liaise with all tax agencies, consultants, and government officials to resolve any tax-related matters.
  • Maintain perpetual tax records and document history.
• Prepare weekly, monthly, quarterly, biyearly, and yearly financial reports. These include statements of comprehensive income, income statements, financial positions, cash flow statements, notes to the accounts, financial analyses, and interpretations.
• Monitoring and resolution of suspense accounts, clearing accounts, settlement accounts, sundry accounts, and inter-branch accounts.
• Provide relevant and timely financial accounting intelligence to management for planning and decision-making.
• Ensure that confidential financial accounting information is tightly contained and not accessed by unauthorized bodies.
• Take custody of important financial accounting documents and original documents relating to taxes, insurance, bank loans & overdrafts, debtors’ settlement agreements, liability commitments, investments, and other forms of financial agreements that are safely kept.
• Issue job descriptions to subordinates whose jobs are not explicitly described in the personnel policy, and manage and supervise them for high productivity. Delegate duties as necessary under close supervision to continually develop subordinates. Submit the supplementary job descriptions to the head of human resources for records, while retaining final responsibility for the quality of the job done.
• Appraise, query, and make recommendations about subordinates to the head of human resources, managing director, and unit/department heads, as necessary.
• Lead in the development of a robust and relentlessly consistent and accurate stock integrity and auditing system for the company by direct participation, process development, planning, and decisive and consistent oversight of the internal control unit.
• Budget management:
  • Develop budget templates for all departments and branches.
  • Initiates budgeting processes by receiving departmental budgets (revenues and expenses) from respective heads of departments.
  • Review, reconcile, and consolidate submitted budget proposals with departmental heads.
  • Call budget defense meetings.
  • Prepare and disseminate approved budgets.
  • Monitor budget performances.
  • Present budget analyses and interpretations at the monthly performance review (MPR).
• Carry out any other job that the managing director may assign.

Job Qualifications

• Must be an HND or B.Sc. holder in accountancy (other sciences or social sciences are acceptable if combined with professional or academic qualifications in accountancy).
• Must have ACA, ACCA, or other related professional qualifications in accountancy.
• Shall possess a minimum of 5 years of postgraduate experience.
• Shall possess a strong analytical and critical mind.
• Shall be able to interpret financial data.
• Shall have good computational and data presentation skills.
• Shall have vast computer knowledge with appreciable accounting packages knowledge.
• Shall be conversant with the latest changes that affect the company’s taxation laws, international financial reporting standards, and other financial accounting matters.
• Must possess strong conceptual intelligence to perceive and conceive corporate goals.
• Shall have the ability to work without supervision.
• Shall possess very sound budgetary management skills.
• Shall have very good interpersonal skills.
• Shall have an excellent sense of judgment.
• Shall have impeccable character, punctuality, integrity, contentment, objectivity, and impartiality.
• Shall be teachable and ever willing to lend personal knowledge to others.
• Shall possess good report and memo writing skills.
• Must live in close proximity to the office location.

Note: All selections will be made based on experience and proximity.