Elizabeth Maddeux Limited - Our client, a reputable company in the pharmaceutical industry, is recruiting to fill the position below:
Job Title: Head of Account
Location: Egbeda, Lagos
Employment Type: Full-time
Description
- Our client is seeking a highly experienced and detail-oriented Head of Account to lead and manage the organization’s finance and accounting function.
- The ideal candidate will be responsible for overseeing financial operations, ensuring compliance with regulatory standards, driving financial strategy, and providing accurate financial insights to support business decision-making.
Key Responsibilities
Financial Accounting & Reporting:
- Oversee preparation of monthly, quarterly, and annual financial statements.
- Ensure accurate recording of transactions in line with IFRS and company policies.
- Manage general ledger, reconciliations, and financial close processes.
- Prepare management reports and financial analysis for leadership.
Regulatory & Statutory Compliance:
- Ensure compliance with tax laws, statutory filings, and regulatory requirements.
- Coordinate external audits, statutory audits, and regulatory inspections.
- Maintain proper documentation for compliance reviews and audits.
- Ensure compliance with industry-specific financial and regulatory requirements.
Budgeting, Forecasting & Cost Control:
- Lead annual budgeting and periodic forecasting processes.
- Monitor budget performance and variance analysis.
- Implement cost control measures without compromising quality or compliance.
- Support pricing decisions and margin analysis.
Internal Controls & Risk Management:
- Establish and enforce strong financial controls and approval processes.
- Ensure segregation of duties and fraud prevention mechanisms.
- Conduct periodic internal reviews to identify risks and control gaps.
- Support internal and external audit recommendations implementation.
Cash Flow & Treasury Management:
- Oversee cash flow planning, liquidity management, and banking relationships.
- Manage accounts payable and receivable to optimize working capital.
- Monitor inventory valuation and cost of goods sold (COGS).
- Ensure timely payment of vendors, staff, and statutory obligations.
Team Leadership & Development:
- Lead and supervise the accounts and finance team.
- Provide coaching, performance management, and capacity development.
- Ensure adherence to deadlines and high-quality output from the team.
Strategic & Management Support:
- Provide financial insights to support business growth, expansion, and investments.
- Support management in strategic planning and decision-making.
- Collaborate with operations, procurement, and sales teams to ensure financial alignment.
Key Performance Indicators (KPIs)
- Accuracy and timeliness of financial reports.
- Compliance with tax, regulatory, and audit requirements.
- Effective budget management and cost control.
- Cash flow stability and optimization.
- Audit outcomes and resolution of financial discrepancies.
- Team performance and productivity.
- Reduction in financial risks and operational inefficiencies.
Qualifications & Experience
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional qualification such as ACA, ACCA, or ICAN is required.
- Minimum of 5–8 years relevant accounting experience, with at least 2 years in a leadership
- Prior experience in the pharmaceutical or healthcare industry is an added advantage.
- Strong knowledge of Nigerian tax laws and financial regulations.
Skills & Competencies:
- Strong leadership and people management skills.
- Excellent financial analysis and reporting abilities.
- High level of integrity and attention to detail.
- Proficiency in accounting software and Microsoft Excel.
- Strong organizational and time management skills.
- Ability to work independently and make sound financial decisions.
- Excellent communication and stakeholder management skills.