Head of Accounts.
The Head of Accounts will oversee all financial accounting operations of the real estate company, ensuring compliance with regulatory standards, accurate financial reporting, and efficient cash flow management. The role involves strategic financial planning, budgeting, tax management, and supervision of the accounting team to support business growth and operational excellence.
Key Responsibilities
1. Financial Management & Reporting
- Prepare and present accurate monthly, quarterly, and annual financial statements.
- Ensure compliance with IFRS (International Financial Reporting Standards) and local tax laws.
- Oversee accounts payable/receivable, payroll, and general ledger management.
- Implement robust internal controls to safeguard company assets.
2. Budgeting & Forecasting
- Lead annual budgeting and periodic forecasting processes.
- Monitor financial performance against budgets and provide variance analysis.
- Advise management on cost optimization and revenue enhancement strategies.
3. Tax & Regulatory Compliance
- Ensure timely filing of Company Income Tax (CIT), VAT, WHT, PAYE, and other statutory obligations.
- Liaise with auditors, tax consultants, and regulatory bodies (FIRS, LIRS, etc.).
- Stay updated on changes in financial regulations affecting the real estate sector.
4. Cash Flow & Treasury Management
- Manage cash flow to ensure liquidity for operations and projects.
- Oversee banking relationships, loan facilities, and investment activities.
- Monitor project financing and ensure proper allocation of funds.
5. Team Leadership & Process Improvement
- Supervise and mentor the accounting team (accountants, bookkeepers, etc.).
- Automate and streamline accounting processes using ERP systems (e.g., QuickBooks, SAP, Oracle).
- Conduct periodic audits to ensure accuracy and fraud prevention.
6. Real Estate-Specific Duties
- Track project-wise financial performance (costs, revenue, profitability).
- Manage escrow accounts, joint venture accounting, and stakeholder reporting.
- Review sales agreements, lease contracts, and revenue recognition policies.
Qualifications & Experience
- Education: Bachelor’s degree in Accounting, Finance, or related field.
- Professional Certification: ICAN, ACCA, or CPA (mandatory).
- Experience: Minimum 9–15 years in accounting, with 5+ years in real estate, construction, or property management.
- Technical Skills: Proficiency in QuickBooks, SAP, Excel (advanced), and Power BI.
- Knowledge: Deep understanding of Nigerian tax laws, IFRS, and real estate financial dynamics.
Key Competencies
- Strong analytical and problem-solving skills.
- High integrity and attention to detail.
- Excellent leadership and communication skills.
- Ability to work under pressure and meet deadlines.
Job Type: Full-time
Pay: ₦400,000.00 - ₦500,000.00 per month
Application Question(s):
- Are you available to relocate to Lagos with free accommodation and transportation allowance provided?
- Do you have experience in the real estate industry?