Jobs

Head of Accounts / Senior Accountant at Salpha Energy Limited


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.

Salary
N250,000 - N300,000 monthly.

 

 

How to Apply
Interested and qualified candidates should send their CV to: salpha@salphaenergy.com using the Job Title as the subject of the email

 

Application Deadline  14th November, 2021.


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