Accountant

1 month ago


Lagos, Nigeria FMR AGENCY Full time

Overview

  • We are seeking a detail-oriented and experienced Accountant to manage and oversee financial activities for our client retail business.
  • The Accountant will be responsible for maintaining accurate financial records, preparing financial reports, and ensuring compliance with relevant regulations.
  • The ideal candidate will have a strong understanding of retail accounting practices, inventory management, and cost control.

Key Responsibilities

  • Financial Reporting: Prepare monthly, quarterly, and annual financial statements including profit and loss statements, balance sheets, and cash flow reports.
  • Bookkeeping: Maintain accurate financial records, including accounts payable and receivable, payroll, and general ledger entries.
  • Inventory Accounting: Monitor and account for stock levels, including managing costs associated with inventory purchases, shrinkage, and adjustments.
  • Budgeting and Forecasting: Assist in the preparation of budgets and forecasts, ensuring they align with the financial objectives of the retail business.
  • Tax Compliance: Prepare and file tax returns and ensure compliance with all tax regulations, including VAT, sales tax, and other applicable taxes.
  • Cost Control: Monitor expenses and suggest cost-saving measures without compromising on the quality of services.
  • Accounts Reconciliation: Perform monthly reconciliations of bank accounts, credit card statements, and other financial records to ensure accuracy.
  • Internal Controls: Develop and enforce internal financial controls and procedures to safeguard company assets.
  • Audit Support: Coordinate with external auditors during financial audits and provide necessary documentation.
  • Financial Analysis: Analyze financial data to identify trends, variances, and opportunities for improvement within the retail operations.

Qualifications

  • Bachelor's Degree in Accounting, Finance, or a related field.
  • Proven experience in accounting, preferably in a retail environment.
  • Strong knowledge of retail accounting principles, inventory management, and cost control.
  • Proficiency in accounting software e.g., QuickBooks, Xero and MS Office Suite especially Excel.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to work independently and meet tight deadlines.

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