HEAD OF ACCOUNTS
Salary: 800k to N1 mil gross
Location: Lekki, Lagos (with regular travel to Makun, Ogun State)
Reports To: CFO / CEO
Industry: Manufacturing
ROLE SUMMARY
The Head of Accounts is a critical senior finance role responsible for leading the accounting
function, ensuring accurate financial reporting, maintaining robust internal controls, and
driving process discipline across the finance team. This role requires a hands-on leader with
strong manufacturing accounting experience who can enforce financial discipline while
managing a complex multi-bank, multi-currency environment.
Key Challenge: Transform the accounting function from reactive to proactive by implementing
strict process controls, ensuring real-time ERP compliance, and building a high-performing
finance team capable of delivering accurate financial information on demand.
KEY RESPONSIBILITIES
Manufacturing Accounting
- Oversee inventory accounting for raw materials, WIP, and finished goods
- Manage cost accounting across production stages
- Monitor production costs, variances, and profitability per ton
- Coordinate and supervise monthly physical stock counts
Internal Controls & Compliance - Implement and enforce strong internal controls and approval workflows
- Ensure 3-way matching for vendor payments (PO–GRN–Invoice)
- Maintain segregation of duties and audit-ready documentation
- Ensure compliance with IFRS, CAMA, and FRCN requirements
ERP & Systems (Odoo) - Ensure 100% same-day transaction posting
- Maintain ERP data integrity and chart of accounts
- Review journal entries and conduct periodic data audits
- Train and supervise finance team on ERP best practices
Reporting & Close - Lead month-end close within 5 working days
- Prepare monthly management accounts and variance analysis
- Support audits and respond to audit queries
- Prepare board, lender, and executive financial reports
Leadership - Lead and develop the finance team
- Drive accountability, discipline, and continuous improvement
KEY REQUIREMENTS
Education & Certification
- Bachelor’s degree in Accounting or Finance (minimum 2:1)
- ACA / ACCA / CPA – Mandatory
- MBA or Master’s degree (advantage)
Experience - 8–12 years accounting experience
- Minimum 5 years in manufacturing/production
- Minimum 3 years in senior accounting/finance leadership
- Strong internal controls and ERP experience (Odoo preferred)
- Audit background (Big 4 or reputable firm – advantage)
- Multi-currency and multi-entity experience
Technical Skills - Manufacturing cost accounting and variance analysis
- IFRS reporting
- ERP systems (Odoo, SAP, Oracle, or similar)
- Advanced Excel and financial analysis
KEY PERFORMANCE INDICATORS - Month-end close: ≤ 5 working days
- Same-day ERP posting: 100%
- Account reconciliations: 100% monthly
- High-risk control issues: Zero
- Management accounts: Zero material errors
- Stock variance: < 2%
COMPENSATION & BENEFITS - HMO (employee & immediate family)
- Pension and group life insurance
- Leave and communication allowance
- Professional development support
WORK ENVIRONMENT - Manufacturing-focused, high-pressure role
- Regular interaction with CEO, CFO, auditors, and banks
- On-site factory exposure and operational reviews
Qualified candidates should share their CV via: https://bit.ly/49RefjH
