Baobab Microfinance Bank is an investment company whose mission is to create a group of leading microfinance banks and finance companies in at least 15 countries by 2015 that will provide financial services and savings products to entrepreneurs who lack access to the traditional financial sector. Baobab was created in July 2005 by PlaNet Finance, and other investors including International Finance Corporation, AXA Belgium, and Societe Generale, with the European Investment Bank, the French Development Agency and Developing World Markets Joining later.
We are recruiting to fill the position below:
Job Title: Assistant Head of Accounts (AHOA)
Location: Yaba, Lagos
Employment Type: Full-time
Reporting to: Direct reporting to the Head of Accounts.
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.
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
- Indept knowledge of IFRS and FRCN Rules.
Application Closing Date
15th August, 2025.
Method of Application
Interested and qualified candidates should send their CV to:ng.recruitment@baobabgroup.comcc: bagbadu@baobab.com using the Job Title as the subject of the mail.
Note: Please be informed that only shortlisted applicants will be contacted.