- Job Title: Assistant Head of Accounts
- Location: Lagos
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About Baobabplus
Baobabplus – We are a social business committed to energy access and digital access in Africa. We make accessible to all innovative products that meet the needs of local populations to change their life. Baobab+ is available in Senegal, Mali, Madagascar and Ivory Coast. Baobab+ is part of Baobab Group, a digital finance group specializing in financial inclusion in 9 countries in Africa and China.
Job Summary
- The Assistant Head of Accounts will support the Head of Accounts in managing the organization’s financial operations, reporting, compliance, and ensuring the effective execution of accounting procedures.
- This role also involves supervising the accounts team, maintaining internal controls, handling tax-related activities, and supporting strategic financial planning.
Main Duties and Responsibilities
- Assist in preparing monthly, quarterly, and annual financial statements.
- Ensure compliance with financial regulations and internal controls.
- Analyze financial data to identify trends, variances, and opportunities for improvement.
- Oversee the computation, filing, and remittance of all statutory taxes (e.g. VAT, WHT, CIT, PAYE, Pension).
- Ensure compliance with Nigerian tax laws and regulations, including timely submission of tax returns.
- Liaise with tax authorities (e.g., FIRS, LIRS) to resolve tax queries and audits.
- Maintain accurate tax records and provide support during external audits and reviews.
- Oversee accounts payable and receivable processes to ensure timely payments and collections.
- Ensure accuracy and completeness of transactions in the accounting system.
- Work with auditors and regulatory bodies during audits and reviews.
- Monthly proof of all Treasury Assets and Liabilities General Ledgers.
- Provide guidance and supervision to the accounting team.
- Organize training and development initiatives for team members.
- Identify areas for improvement in accounting and tax processes and recommend solutions.
- Assist in the implementation of accounting software and automation tools.
- Support the Head of Accounts with special financial projects as required.
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Requirements And Qualifications
- The ideal person must possess a minimum qualification of a good First Degree in any related feild.
- Must possess a relevant professional certification of ACA, ACCA.
- Must possess a minimum of five (5) years of post-qualification experience in Finance and Accounts Functions of a National Microfinance Bank or a Commercial Bank.
- Must have experience in coordinating external audit of the Accounts activities with one of the top 4 audit firms (PwC, KPMG, Deloitte, EY).
- Excellent leadership, communication, and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and stakeholders.
- Strong analytical and problem-solving skills, with the ability to promptly identify and address project risks and issues.
Required Skills:
- Leadership Abilities: Strong leadership and team management skills, with the ability to motivate and inspire team members to achieve project objectives.
- Analytical Thinking: Strong analytical and problem-solving skills, with the ability to identify and address issues proactively.
- Adaptability: Ability to thrive in a fast-paced, dynamic environment and manage multiple projects simultaneously.
- Attention to Detail: Meticulous attention to detail, ensuring accuracy and quality in all project deliverables.
- Negotiation Skills: Strong negotiation and conflict resolution skills, able to resolve disputes and drive consensus among stakeholders.
Technical Competence:
Must be trained and proficient in the use of all basic and several advanced Microsoft Office applications, Banking and Accounting software including:
- Microsoft Advance Excel, Word, PowerPoint, and Access.
- Globus Temenos T24 Banking Application
- Sage Pastel and Sage X3 Accounting Package
- Financial analysis and modeling tools
- In-depth knowledge of IFRS and FRCN Rules.
How to Apply
Interested and qualified candidates should send their CV to: ng.recruitment@baobabgroup.com cc: bagbadu@baobab.com using the Job Title as the subject of the email.