Head, Accounting and Tax at Phillips Outsourcing Limited

Phillips Outsourcing Limited has been in existence for over 16 years. We have a vast experience in the outsourcing business as we currently manage resources for major clients in all sectors of the Nigerian economy. In addition, our prolific manpower cuts across the 36 states in Nigeria. After successfully gaining ground in all the 36 states of the federation, we are gradually spreading our tentacles to other African Nations. We are currently registered to also do business in Ghana. Our framework is developed to fully support the businesses of our clients, ensuring continuous improvement of the outsourced services. This ultimately thrusts our clients to achieve their business objectives.

We are recruiting to fill the position below:

Job Title: Head, Accounting and Tax

Location: Mainland, Lagos
Employment Type: Full-time
Reports To: Finance Controller and Chief Financial Officer
Industry: Manufacturing/FMCG

Job Summary

• The Head of Accounting and Tax is a senior leadership role responsible for overseeing all aspects of the accounting and tax function. This individual will provide strategic direction and ensure the accuracy, timeliness, and compliance of the company's financial reporting.

Responsibilities
Management and Leadership:

• Oversee the day-to-day operations of the accounting department, leading and guiding the accounting and tax teams.
• Execute board-approved projects related to accounting and tax functions.

Accounting and Tax Management:

• Manage all tax audits, representing the company during interactions with tax regulators and auditors.
• Oversee statutory audits, collaborating with external auditors for timely and accurate completion.
• Monitor and ensure tax compliance across the organization, including payments, accruals, and filing deadlines.
• Supervise the accounting and tax teams in managing various financial functions, including inventories, general ledger (GL), prepayments, and employee expenses.

Financial Reporting and Close Process:

• Oversee the month-end P&L closure process for headquarters, including variance analysis and reporting.
• Oversee the month-end B/S closure for the entire business, including variance analysis and preparation of supporting schedules.
• Manage the year-end closing process, reviewing the GL and trial balance, and making necessary adjustments to ensure accuracy.
• Review and approve journal entries for proper accounting treatment and adherence to internal controls.

Compliance and Standards:

• Keep the business informed of relevant accounting standards and regulatory changes, ensuring full compliance with all applicable standards.
• Review and approve staff advances and retirements in accordance with company policies and procedures.

Other Responsibilities:

• Stay up-to-date on the latest accounting and tax regulations through ongoing professional development.
• Maintain strong relationships with internal stakeholders (e.g., departments, management) and external auditors.
• Proactively identify and address potential accounting and tax issues.

Requirements

• Bachelor’s Degree in Accounting, Finance, or a related field (ICAN, ACCA or equivalent professional designation highly preferred).
• Proven work experience from any of the BIG 4 is an added advantage
• Proven work experience in an FMCG company is a MUST
• Minimum 7 years of experience in a progressive accounting and tax leadership role.
• Demonstrated experience in managing and leading accounting and tax teams.
• Proven ability to handle complex accounting and tax matters, including audits.
• Strong analytical and problem-solving skills.
• Excellent communication, interpersonal, and leadership skills.
• Ability to work independently and as part of a team.
• Proficient in accounting software (e.g., ERP systems).

Salary
Negotiable.

Application Closing Date
19th July, 2024.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.