Finance and Account Officer (FAO) at GroupCo - JEV Consulting

JEV Consulting - Our client, GroupCo, is a dynamic group of Strategic Business Units dedicated to crafting unparalleled and unique, customer-driven value solutions along the dream home and lifestyles value chain throughout our target customers’ lifecycles. We are committed to our community, customers, employees, and shareholders. We believe in putting God first and maintaining a positive, passionate attitude. Innovation, teamwork, honesty, and integrity are at the heart of everything we do.

They are recruiting to fill the position below:

Job Title: Finance and Account Officer (FAO)

Location: Lekki, Lagos
Employment Type: Full-time

About the role

• We are looking for Finance and Account Officer (FAO) who will anchor of finance operations at GroupCo, the FAO oversees daily accounting activities — including bookkeeping, vendor payments, payroll coordination, bank reconciliations

Summary of Job Function

• The Finance and Accounts Officer (FAO) is a locally embedded finance leadership support role stationed full-time at GroupCo.
• Reporting directly to the ACRC Financial Engineering Solutions (HAFES) doubling as GroupCo CFO, the FAO is responsible for end-to-end financial operations across all Strategic Business Units (SBUs), including financial reporting, budgeting, transaction processing, internal control support, regulatory compliance, and financing facilitation.
• As the anchor of finance operations at GroupCo, the FAO oversees daily accounting activities — including bookkeeping, vendor payments, payroll coordination, bank reconciliations, and SBU-level management reporting. The role ensures the availability of timely, accurate financial insights that enable sound decision-making by SBU leadership and central Group management.
• In collaboration with HAFES, the FAO plays a key role in supporting tax compliance, audit
• readiness, cost management, and internal control effectiveness. The role also supports funding access through documentation preparation, engagement with financial institutions, and financial forecasting.
• Beyond transactional duties, the FAO contributes to strategic financial planning - supporting budget formulation and monitoring, aligning expenditure with SBU-level goals, and ensuring resource stewardship across operations.
• By embedding disciplined financial practices and enabling performance transparency, the FAO plays a critical role in supporting the organization’s mission of delivering unique customer-driven value solutions across the entire dream home and lifestyle value chain — and throughout the customer lifecycle

Responsibilities
Financial Reporting and Accounting Operations:

• Maintain accurate and up-to-date accounting records for all SBUs in line with applicable standards.
• Prepare monthly trial balances, cashbooks, and financial reports for internal and external use.
• Reconcile bank accounts, vendor statements, and petty cash balances.

Budget Coordination and Expense Monitoring:

• Support the preparation and consolidation of annual budgets and periodic forecasts.
• Monitor actual vs. budget performance and provide variance analyses.
• Flag cost overruns and recommend corrective measures to SBU Heads.

Accounts Payable and Receivable:

• Process supplier invoices, staff reimbursements, and vendor payments in a timely manner.
• Monitor receivables, track customer payments, and support cashflow planning.

Compliance, Tax, and Internal Controls:

• Implement and uphold financial controls and procedures in line with ACRC Finance policies.
• Ensure full tax compliance, including accurate computation and timely remittance of VAT, PAYE, withholding tax, and company income tax.
• Liaise with tax authorities and advisors to ensure up-to-date documentation, statutory returns, and regulatory compliance.
• Assist with audit preparation, including documentation collation and response coordination.

Funding Support and Investor Readiness:

• Support the preparation of investment proposals, loan applications, and financial models for new funding opportunities.
• Coordinate financial documentation and data rooms for investor due diligence.
• Liaise with ACRC Finance on capital raising plans and cashflow needs for ongoing and upcoming projects.
• Track disbursements, repayments, and covenant compliance for external funding sources.

Payroll and Compensation Support:

• Prepare monthly payroll inputs and coordinate with ACRC Finance on disbursement.
• Maintain confidential records of salaries, benefits, and employee financial transactions.

Finance Systems and Documentation:

• Use approved finance software/tools for bookkeeping and reporting.
• Maintain digital and physical archives of all financial documents, receipts, and approvals.

Liaison and Coordination:

• Collaborate with PACSO and CAVSO on operational planning, procurement, and compliance.
• Provide timely support and reporting to ACRC Finance on financial status of the SBUs.

Team Support and Capacity Development:

• Prepare systems and documentation for onboarding junior finance/admin support as the finance function expands.
• Mentor support staff or interns assigned to transaction processing, bookkeeping, or vendor documentation.
• Support the CFO in developing a future-ready finance support model aligned with growth and complexity

Key Performance Metrics
Financial Reporting and Accuracy:

• Timeliness and accuracy of trial balances, monthly reports, and reconciliations.
• Quality and consistency of accounting records in line with reporting standards.

Budget Execution and Cost Monitoring:

• Frequency and quality of budget variance reports submitted.
• Timeliness of flagging overruns and cost-saving recommendations implemented.

Payment Processing and Receivables:

• Turnaround time for vendor payments and staff reimbursements.
• Monthly collection ratio on receivables and adherence to credit terms.

Compliance, Tax, and Internal Controls:

• Timeliness and accuracy of statutory tax filings and remittances (VAT, PAYE, WHT, CIT, etc.).
• Number of audit findings and control breaches recorded.
• Effectiveness of tax documentation and correspondence with tax authorities.

Payroll Accuracy and Confidentiality:

• Accuracy rate of monthly payroll inputs and benefit disbursements.
• Absence of data breaches or salary-related disputes.

Documentation and Systems Usage:

• Completeness and accessibility of finance documentation archives.
• Use and update compliance of accounting software/tools.

Funding Access and Support:

• Timeliness and quality of financial inputs for investor or lender engagements.
• Completion of financial models, loan documentation, and disbursement tracking.

Collaboration and Responsiveness:

• Feedback from SBU leaders and ACRC Finance on support provided.
• Timeliness of responses to data requests, reports, and planning cycles.

Finance Support Team Development:

• Documentation accuracy and clarity for onboarding new finance/admin staff
• Effectiveness of mentorship and supervision for junior support personnel
• Contribution to shaping a scalable finance support model in collaboration with ACRC Finance

Requirements

• Education: Bachelor’s degree in Accounting, Finance, or related field. ICAN/ACCA certification (in progress or completed) is a strong advantage.
• Experience: 2 - 4 years of progressive experience in accounting, bookkeeping, or financial operations, preferably including direct experience in tax compliance or regulatory filing.
• Technology Proficiency: Proficiency in accounting software (e.g., QuickBooks, Sage, Zoho Books) and Excel. Familiarity with budgeting tools and financial dashboards.
• Analytical and Communication Skills: Strong analytical abilities with excellent written and verbal communication.
• Ethics and Accountability: Demonstrated integrity, accuracy, and commitment to confidentiality.
• Regulatory Knowledge: Working knowledge of Nigerian tax laws and reporting obligations for corporate entities.
• Collaboration: Ability to work closely with cross-functional teams and multiple stakeholders.

Key Competencies and Attributes:

• Financial Discipline: Strong attention to accuracy and financial detail.
• Integrity and Confidentiality: Upholds high standards in handling sensitive data.
• Initiative: Takes proactive steps to identify and resolve financial issues.
• Reliability: Meets deadlines, maintains organized records, and supports decision- making.
• Communication: Able to convey complex financial information clearly to non-finance audiences.

Work Environments and conditions:

• Location: Based at GroupCo Headquarters.
• Schedule: Full-time; some flexibility may be required around reporting periods.
• Tools: Use of digital finance systems and tools for real-time collaboration.

Compensation
The FAO’s compensation reflects the operational and financial stewardship responsibilities of the role. It includes both fixed and performance-tied elements:

• Base Salary: A fixed monthly salary aligned with the FAO's accountability for financial systems integrity, compliance, and fiscal reporting.
• Performance Bonus: Quarterly or annual bonus tied to timely reporting, audit readiness, successful tax compliance, and execution of financial planning responsibilities.
• Value Share: Participation in a value pool derived from ACRC's support service fees - especially those related to budgeting assistance, audit preparation, fundraising documentation, or investor liaison efforts coordinated by the FAO.
• Benefits: Inclusion in ACRC’s enterprise benefits program — health insurance, pension, leave entitlements, training sponsorships, and digital finance tools.

Career path:

• Progression to Finance Manager or SBU Financial Controller.
• Opportunity to rotate into ACRC Group Finance or Portfolio Reporting roles.
• Eligibility for finance leadership development programs within the Group.

Application Closing Date
30th June, 2025.

How to Apply
Interested and qualified candidates should send their CV to: recruitment@jevconsulting.com.ng using the Job Title as the subject of the mail.