Jumia is the largest e-commerce mall in Africa with over 100,000 unique visitors a day, buying everything from Fashion to Phones.Founded in 2012 in Nigeria, Jumia’s mission is to revolutionize the concept of shopping by providing customers with the best online shopping experience
Job Title: Head of Accounting
Location
Lagos
Job Field
Finance, Accounting, Audit
Job Description
As Head of Accounting you work directly with the CFO and founding teams which you support in interdisciplinary issues such as controlling and accounting. You will be responsible for the daily accounting transactions, accounting procedures and financial reporting. You will also work with the AIG CFO to make sure corporate policies and procedures are adhered to.
Role
Overseeing the daily accounting activities required to accurately maintain the company’s general ledger, subsidiary ledgers, and other financial records and schedules.
Managing and maintaining the financial accounting system, and all accounting processes including daily accounts payable, accounts receivable, cash collection, GL, payroll, bank, inventory reconciliation and tax filings
Supervising, directing and reviewing the work of a team of senior accountants Heads of AP, AR, Inventory, Treasury and their teams. Establishing working procedures and process for accounting personnel.
Managing monthly, quarterly and annual closing activities.
Reviewing general ledger on a monthly basis to ensure accuracy of posting.
Preparing and entering monthly adjusting journal entries.
Analyzing and reconciling accounts as required.
Generating quarterly and annual financial statements (balance sheet, profit and loss, cash flow) monthly.
Assisting the FPA teams with budget and forecast preparation schedule by collecting relevant business data and projections from the line departments and provide relevant analyses and feedback to enable finalization of the budget and forecast proposals and all related reports including profit & loss, balance sheet and cash flow statements.
Evaluating & implementing internal and external audit recommendations & provides feedback to management on results
Ensuring compliance with all country legal, regulatory and tax reporting requirements
Qualification
Bachelor’s Degree in Accountancy or Finance
Certified Public Accountant or the like from internationally recognized accounting body
At least 8 years practical experience
Experience in managing a team
Ability to communicate effectively with internal and external affiliates and clients
Strong analytical and problem-solving skills. We are building ventures from scratch, learning and solving problems along the way
Hands-on attitude. E-commerce is 50% operations, so you must not be afraid of rolling up your sleeves and getting your hands dirty
Experience with or curiosity for IT systems and ERP systems. E-commerce is 50% IT, so you must not be afraid of systems
Strong drive and ability to implement change in fast moving organizations
Willingness to make decisions as necessary and appropriate in accordance with company policies. Self-starter who will take initiative to effect positive change
Ability to work independently, as well as in a team environment
Strong organizational skills
Demonstrated ability to maintain confidentiality of privileged information and professionalism at all times
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