Senior Accountant- Ibadan State

Job details

Contract Type

Description

Financial Accounting & Reporting

  • Prepare accurate monthly, quarterly, and annual financial statements and management reports.
  • Oversee the general ledger, account reconciliations, and month-end closing activities.
  • Ensure the accuracy and integrity of financial records.

Financial Control & Compliance

  • Maintain strong internal controls and ensure compliance with accounting standards, tax regulations, and statutory requirements.
  • Coordinate tax filings, regulatory reporting, and external audits.
  • Monitor financial risks and recommend control improvements.

Budgeting & Financial Analysis

  • Support budgeting, forecasting, and financial planning activities.
  • Analyze financial performance and provide insights to support business decisions.
  • Monitor operating costs and recommend opportunities for cost optimization.

Inventory Management & Stock Control

  • Maintain financial accuracy of inventory records
  • Lead periodic stock counts (monthly, quarterly, or annual) and reconciles physical inventory with system records. Investigate variances, identify root causes, and recommend corrective actions.
  • Collaborate with audit team to design and enforce internal control procedures to prevent stock losses, theft, misstatements, and unauthorized adjustments. Ensure segregation of duties between storekeeping, procurement, and finance.
  • Apply appropriate costing methods (FIFO, Weighted Average, etc.) and ensure consistent valuation of inventory in line with accounting standards and company policy.

Customer & Branch Reconciliations

  • Ensure financial transactions between branches and the head office—such as stock transfers, cash remittances, expenses, and revenue postings—are accurately captured and aligned in the accounting system.
  • Review and reconcile customer ledgers to ensure all invoices, payments, credit notes, and adjustments are correctly recorded. Investigate discrepancies and resolve issues promptly.
  • Prepare reconciliation summaries, aging reports, and exception reports to support management decisions and highlight areas requiring attention.

Team Leadership & Process Improvement

  • Supervise and mentor junior accounting staff where applicable.
  • Improve accounting processes and promote operational efficiency.
  • Collaborate with cross-functional teams to support business objectives.

Requirements

  • Bachelor's Degree in Accounting, Finance, or a related discipline. ICAN, ACA, ACCA, or equivalent professional qualification is highly preferred.
  • Minimum of 7 years of accounting experience, preferably within the manufacturing or FMCG sector.
  • Strong knowledge of financial reporting, taxation, budgeting, and internal controls.
  • Proficiency in ERP systems and Microsoft Excel.
  • Excellent analytical, leadership, and problem-solving skills.

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