Head of Account

Role Responsibilities
Group Accounting Oversight:

• Provide overall supervision and coordination of accounting operations across all Group subsidiaries.
• Ensure that all subsidiaries maintain complete, accurate and up-to-date accounting records.
• Establish and maintain consistent accounting procedures and reporting standards across the Group.
• Review accounting entries, ledgers, journals, reconciliations and supporting documentation.
• Ensure proper classification and recording of income, expenditure, assets, liabilities and equity.
• Monitor the financial performance and accounting practices of each subsidiary.
• Ensure that accounting issues identified within subsidiaries are promptly resolved.
• Provide technical accounting guidance to subsidiary finance teams.
• Consolidated Financial Reporting
• Coordinate the preparation of monthly, quarterly and annual Group financial reports.
• Consolidate financial statements and financial information from all subsidiaries.
• Ensure proper elimination of intercompany transactions and balances.
• Review subsidiary accounts before consolidation.
• Prepare consolidated profit and loss statements, balance sheets and cash flow reports.
• Analyse financial performance across individual subsidiaries and the Group as a whole.
• Ensure Group reports are accurate, timely and suitable for management and Board review.
• Provide explanations for significant movements, variances and unusual transactions.

Hospitality Business Accounting Oversight:

• Provide financial and accounting oversight for the Group's hospitality subsidiaries and businesses.
• Ensure proper accounting for hotel rooms, restaurants, bars, banqueting, events, spa, laundry and other hospitality revenue streams, as applicable.
• Monitor revenue reconciliation between Property Management Systems (PMS), Point-of-Sale systems and the accounting system.
• Review daily revenue reports and ensure completeness of recorded income.
• Monitor food and beverage costs, labour costs, operating expenses and departmental profitability.
• Ensure proper accounting for service charges, commissions, discounts, complimentary services and other hospitality-related transactions.
• Review hotel and hospitality management accounts and operating results.
• Work with hospitality management to identify financial and cost-control issues.

Real Estate Accounting Oversight:

• Provide accounting oversight for the Group's real estate subsidiaries and property-related activities.
• Ensure proper accounting for property acquisitions, development costs, construction expenditure and property-related assets.
• Monitor accounting for rental income, leases, property sales and other real estate revenue.
• Review property development expenditure against approved budgets.
• Monitor project costs and commitments for real estate developments.
• Ensure proper classification of capital expenditure and operating expenditure.
• Maintain appropriate records for investment properties, property assets and development projects.
• Monitor receivables arising from property sales, leases and rental agreements.
• Work with project and property management teams to ensure accurate financial reporting.

Management Accounts:

• Coordinate the preparation of monthly management accounts for each subsidiary.
• Review subsidiary income statements, balance sheets and cash flow statements.
• Prepare Group-level management accounts and financial summaries.
• Analyse revenue, costs, margins, expenses, assets and liabilities.
• Provide management with clear explanations of significant financial movements.
• Ensure management accounts are completed within agreed reporting deadlines.
• Develop appropriate financial reports for different business units based on their operational requirements.

Budgeting and Financial Planning:

• Coordinate the annual budgeting process across Group subsidiaries.
• Review departmental and subsidiary budgets for completeness and reasonableness.
• Consolidate subsidiary budgets into a Group budget.
• Monitor actual performance against approved budgets.
• Analyse budget variances and identify areas requiring management attention.
• Assist management with financial forecasts and business planning.
• Prepare financial projections for new investments, properties, hotels and other Group businesses.
• Support management in assessing the financial implications of strategic business decisions.

Accounts Payable and Receivable Oversight:

• Ensure proper management of accounts payable and accounts receivable across subsidiaries.
• Monitor supplier balances and payment obligations.
• Review customer and tenant receivables and outstanding balances.
• Ensure timely reconciliation of supplier and customer accounts.
• Monitor aged receivables and support effective collection processes.
• Review major outstanding balances and recommend appropriate action.
• Ensure payments are supported by appropriate documentation and approvals.
• Monitor intercompany receivables and payables.

Cash Management and Bank Reconciliation:

• Monitor cash balances and banking activities across the Group.
• Ensure timely and accurate bank reconciliations for all subsidiaries.
• Review cash collection and deposit procedures.
• Monitor cash requirements and support effective cash flow management.
• Identify unusual or unexplained banking transactions.
• Ensure appropriate controls over cash, cheques, transfers and other payment channels.
• Coordinate with the Group Financial Controller/CFO on significant cash requirements.
• Monitor the movement of funds between Group companies in accordance with approved procedures.

Intercompany Accounting:

• Maintain accurate records of transactions between Group subsidiaries.
• Reconcile intercompany balances regularly.
• Investigate and resolve differences between subsidiary records.
• Ensure proper documentation of intercompany loans, advances, services and cost allocations.
• Monitor intercompany charges and shared costs.
• Ensure appropriate accounting treatment for intercompany transactions.
• Prepare intercompany schedules for consolidation.
• Ensure all intercompany balances are properly eliminated during consolidation.

Cost Control and Financial Analysis:

• Monitor operating costs across Group businesses.
• Identify unusual expenditure, cost increases and potential areas of financial leakage.
• Review cost structures across hospitality and real estate subsidiaries.
• Analyse departmental and subsidiary profitability.
• Monitor major expenditure against approved budgets.
• Support the identification of cost-saving and efficiency opportunities.
• Review project expenditure and capital commitments within the real estate businesses.
• Provide financial analysis to support management decisions.

Tax and Statutory Compliance:

• Coordinate accounting records required for tax and statutory compliance across subsidiaries.
• Work with tax advisers and relevant departments on tax matters.
• Ensure proper maintenance of VAT, withholding tax, PAYE and other applicable tax records.
• Support the preparation and submission of statutory returns within required deadlines.
• Monitor tax liabilities and outstanding statutory obligations.
• Ensure proper documentation for tax audits and assessments.
• Support management in identifying legitimate tax planning and compliance opportunities.
• Ensure the Group remains compliant with applicable Nigerian accounting and tax requirements.

Internal Controls and Financial Governance:

• Establish and maintain effective accounting controls across subsidiaries.
• Review compliance with approved financial policies and procedures.
• Ensure appropriate segregation of duties within finance functions.
• Monitor approval limits and financial authorisation processes.
• Identify weaknesses in accounting and financial controls.
• Recommend corrective measures where control weaknesses are identified.
• Monitor financial risks and potential areas of fraud, error or financial leakage.
• Work with Internal Audit to address audit findings and control deficiencies.

Audit Management:

• Coordinate the provision of accounting records for internal and external audits.
• Liaise with external auditors and other professional advisers as required.
• Ensure audit schedules and supporting documents are complete and accurate.
• Respond to audit queries and coordinate management responses.
• Track outstanding audit issues and ensure timely resolution.
• Support the preparation of annual financial statements and audit files.
• Ensure subsidiaries are prepared for statutory and regulatory audits.

Payroll and Staff Cost Oversight:

• Provide accounting oversight for payroll processing across subsidiaries.
• Ensure payroll records are properly reconciled with the accounting system.
• Review salary-related journals, statutory deductions and staff-related liabilities.
• Monitor staff costs against approved budgets.
• Coordinate with HR and subsidiary management to resolve payroll discrepancies.
• Ensure appropriate accounting treatment of staff benefits, allowances, deductions and other employee-related costs.
• Monitor the financial impact of manpower changes across subsidiaries.

Fixed Assets and Property Accounting:

• Maintain proper accounting records for Group fixed assets.
• Monitor acquisition, transfer, depreciation and disposal of assets.
• Ensure proper asset registers are maintained across subsidiaries.
• Review capital expenditure and ensure appropriate classification.
• Monitor property, plant and equipment balances.
• Coordinate periodic asset verification exercises.
• Ensure appropriate documentation for asset disposals, transfers and write-offs.
• Support the accounting treatment and reporting of investment and development properties.

Financial Systems and Accounting Processes:

• Ensure effective use of the Group's accounting and financial management systems.
• Review accounting system processes and reporting structures.
• Ensure appropriate chart of accounts across subsidiaries.
• Support the standardisation of accounting processes across the Group.
• Identify opportunities for automation and improved financial reporting.
• Ensure finance staff are properly trained on relevant accounting systems and procedures.
• Maintain the integrity and security of financial information.

Team Leadership and Development:

• Provide leadership and technical guidance to finance teams across the Group.
• Supervise and coordinate the work of subsidiary accounting teams.
• Set clear performance expectations and reporting deadlines.
• Review the performance of accounting personnel.
• Identify training and development requirements.
• Promote professionalism, accuracy, accountability and confidentiality within the Finance Department.
• Support recruitment and placement of qualified finance personnel where required.
• Build a strong and reliable Group-wide finance structure.

Management and Board Reporting:

• Prepare financial reports and analysis for Group Management and the Board.
• Provide accurate financial information to support strategic decisions.
• Prepare reports on subsidiary performance, profitability, liquidity and financial position.
• Highlight significant financial risks and emerging issues.
• Provide financial information required for investment and expansion decisions.
• Prepare financial presentations and schedules for management meetings where required.
• Ensure reports are clear, accurate and submitted within agreed timelines.

Business Expansion and Investment Support:

• Provide financial analysis for proposed new businesses, properties, hotels and other investments.
• Prepare financial models, projections and feasibility analysis as required.
• Review financial implications of acquisitions, expansions and new developments.
• Support management in evaluating investment returns and financial risks.
• Provide historical and projected financial data for business proposals.
• Assist with due diligence exercises where required.
• Monitor the financial performance of newly established subsidiaries or business units.

Compliance and Continuous Improvement:

• Ensure compliance with Group financial policies, accounting standards and applicable laws.
• Keep abreast of relevant accounting, tax and regulatory developments.
• Review finance processes regularly and recommend improvements.
• Promote accurate, timely and transparent financial reporting.
• Maintain high standards of confidentiality and professional ethics.
• Recommend improvements to financial controls, reporting and accounting procedures.
• Perform other duties that may reasonably be assigned by the Group Financial Controller, CFO or Management.

Qualifications and Requirements
Education:

• Bachelor's Degree / HND in Accounting, Finance, Economics or a related discipline.
• Professional accounting qualification is required.

Professional Certifications:

• ACA - Institute of Chartered Accountants of Nigeria (ICAN) - strongly preferred.
• ACCA may be considered.
• Other relevant professional qualifications or certifications are an advantage.

Experience:

• 8 - 12 years of progressive accounting experience.
• 4 - 5 years in a senior accounting or financial management position.
• Experience managing accounting functions across multiple companies or business units is strongly preferred.
• Experience in hospitality and/or real estate accounting is highly desirable.
• Experience with Group consolidation and intercompany accounting.
• Experience preparing management accounts, budgets, financial statements and financial analysis.
• Experience with tax, audit, statutory reporting and financial controls.
• Experience supervising and coordinating finance teams across multiple locations or subsidiaries.

Skills:

• Group Accounting & Consolidation
• Financial Reporting
• Management Accounting
• Budgeting & Forecasting
• Financial Analysis
• Cost Control
• Intercompany Accounting
• Cash Flow Management
• Tax & Statutory Compliance
• Audit Management
• Internal Controls
• Accounts Payable & Receivable
• Fixed Asset Accounting
• Hospitality Accounting
• Real Estate Accounting
• Property & Project Cost Accounting
• Advanced Microsoft Excel
• Accounting Software/ERP Systems
• Leadership & Team Management
• Analytical & Numerical Skills
• Problem-Solving
• Attention to Detail
• Communication & Reporting
• Commercial Awareness
• Confidentiality & Professional Ethics

Application Closing Date
30th November, 2026.

Method of Application
Interested and qualified candidates should forward their CVs and cover letters to: [email protected] with "Head Of Accountant- Abuja" as the subject of the email.

Note: Only shortlisted candidates will be contacted.

Share this job: