Main Function
The Accountant is responsible for managing the organization's financial records, ensuring accuracy, compliance, and timely reporting of all financial transactions.
The role involves preparing financial statements, monitoring budgets, managing accounts payable and receivable, and ensuring adherence to financial regulations and company policies.
The Accountant must be detail-oriented, analytical, and capable of supporting financial decision-making in a dynamic business environment.
Role Responsibilities
Financial Record Management:
Maintain accurate and up-to-date financial records of all transactions.
Record daily financial activities including income, expenses, and payments.
Ensure proper documentation and filing of all financial records.
Accounts Payable and Receivable:
Manage accounts payable and ensure timely processing of invoices and payments.
Monitor accounts receivable and follow up on outstanding payments.
Reconcile vendor and customer accounts regularly.
Financial Reporting:
Prepare monthly, quarterly, and annual financial reports.
Generate profit and loss statements, balance sheets, and cash flow reports.
Provide financial insights and recommendations to management.
Budgeting and Cost Control:
Assist in the preparation and monitoring of budgets.
Track expenses against budget and report variances.
Support cost control initiatives to improve profitability.
Bank and Cash Management:
Perform bank reconciliations and ensure accuracy of cash records.
Monitor cash flow and ensure adequate liquidity for operations.
Manage petty cash and ensure proper accountability.
Tax and Regulatory Compliance:
Ensure compliance with all tax regulations and statutory requirements.
Prepare and file tax returns (VAT, PAYE, and other applicable taxes).
Liaise with regulatory authorities and external auditors when required.
Audit and Internal Control:
Support internal and external audit processes.
Implement and maintain strong internal control systems.
Identify financial risks and recommend corrective actions.
Payroll Management:
Assist in the preparation and processing of staff payroll.
Ensure accuracy of salaries, deductions, and statutory remittances.
Documentation and Reporting:
Maintain accurate financial documentation and audit trails.
Prepare periodic financial summaries and management reports.
Track key financial indicators and performance metrics.
Process Improvement and Efficiency:
Identify opportunities to improve financial processes and systems.
Implement best practices in accounting and financial management.
Drive efficiency in financial operations and reporting
Experience andQualification
Bachelor's Degree or HND in Accounting, Finance, or related field with of 3 - 5 years of relevant accounting experience
Professional certification (ICAN, ACCA, or equivalent) is an added advantage
Experience in retail, hospitality, or multi-business operations is an added advantage
Strong understanding of financial reporting, taxation, and compliance
Competencies/Skills:
Strong knowledge of accounting principles and financial management
Proficiency in accounting software and Microsoft Office (especially Excel)
Excellent analytical and numerical skills
Strong attention to detail and accuracy
Good problem-solving and decision-making ability
Knowledge of tax regulations and financial compliance
Ability to work under pressure and meet deadlines
Behavioural Qualities/Other Competences:
High level of integrity and accountability
Strong organizational and time management skills
Results-oriented and proactive mindset
Effective communication and interpersonal skills
Ability to work independently and as part of a team
Professional and disciplined work ethic