Group Accountant

We are recruiting to fill the position below:

Job Title: Group Accountant

Location: Abuja (FCT)
Employment Type: Full-time

Job Summary

• The Group Accountant will provide strategic financial insights to management, support decision-making processes, and ensure the integrity of the Group's financial records while maintaining compliance with Nigerian accounting standards, tax regulations, and corporate governance requirements.
• The role ensures accurate financial reporting, compliance with statutory regulations, effective budgeting, cash flow management, financial analysis, and internal control implementation across all business units.
• The Group Accountant is responsible for managing and overseeing the financial operations of the groupand its subsidiaries.

Key Responsibilities
Financial Accounting & Reporting:

• Monitor financial transactions and ensure proper accounting treatment.
• Prepare monthly, quarterly, and annual financial statements for the Group and its subsidiaries.
• Ensure timely month-end and year-end closing activities.
• Prepare management accounts and financial performance reports.
• Maintain accurate accounting records and general ledger accounts.
• Consolidate financial reports from all business units.
• Reconcile bank accounts, intercompany accounts, and balance sheet schedules.

Budgeting & Financial Planning:

• Prepare financial forecasts and cash flow projections.
• Support management in strategic planning and investment decisions.
• Provide recommendations for cost control and profitability improvement.
• Coordinate annual budgeting exercises across business units.
• Monitor budget performance and investigate variances.

Tax Management & Compliance:
Ensure timely filing and remittance of:

• Liaise with tax authorities and regulatory agencies.
• PAYE
• Company Income Tax
• Monitor changes in tax laws and advise management accordingly.
• Support tax audits and compliance reviews.
• NSITF
• Pension Contributions
• WHT
• VAT
• ITF and other statutory obligations

Treasury & Cash Flow Management:

• Prepare cash flow forecasts and funding plans.
• Monitor receivables and payables.
• Manage working capital and liquidity requirements.
• Support banking relationships and financing activities.
• Monitor daily cash positions across all entities.

Internal Controls & Risk Management:

• Develop and implement effective financial controls.
• Ensure compliance with internal policies and procedures.
• Identify financial risks and recommend mitigation measures.
• Safeguard company assets and financial resources.
• Conduct periodic financial reviews and internal audits.

Accounts Payable & Receivable Management:

• Reconcile vendor and customer accounts.
• Ensure proper documentation and authorization of transactions.
• Monitor debtors and ensure timely collections.
• Review supplier invoices and payment schedules.

Audit Coordination:

• Maintain audit-ready financial records at all times.
• Coordinate external and internal audit activities.
• Address audit findings and implement corrective actions.
• Prepare audit schedules and supporting documents.

Financial Analysis & Business Support:

• Provide decision-support information to management.
• Prepare profitability reports by business unit.
• Develop financial models for new business opportunities.
• Conduct investment and project financial evaluations.
• Analyze financial performance and operational efficiency.

Team Leadership & Supervision:

• Supervise accounting officers and finance staff.
• Promote compliance with finance policies and procedures.
• Assign tasks and monitor team performance.
• Provide coaching and professional development support.

Key Performance Indicators (KPIs)

• Compliance with statutory deadlines.
• Accuracy of financial reports.
• Internal control compliance rate.
• Cash flow adequacy and forecasting accuracy.
• Timeliness of month-end closing.
• Reduction in outstanding receivables.
• Audit findings resolution rate.
• Budget variance management.
• Cost optimization initiatives implemented.
• Financial reporting turnaround time.

Qualifications
Education:

• Master's Degree in Finance, Accounting, or Business Administration is an added advantage.
• Bachelor's Degree in Accounting, Finance, Economics, or related discipline.

Professional Certifications:
One or more of the following is preferred:

• ANAN
• ACCA
• ICAN
• ACA

Experience:

• At least 2–3 years in a supervisory or management role.
• Experience with financial consolidation and group reporting.
• Experience in hospitality, real estate, investment, construction, or multi-business operations is highly desirable.
• Minimum of 5–7 years progressive accounting and finance experience.