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Accountant

2 months ago

Lagos, Lagos, Nigeria Pally Agro Products Limited Full time

Job Summary

  • The accountant is responsible for overseeing the entire accounting department, ensuring the accuracy and integrity of financial records, and managing the financial reporting processes.
  • The role requires a strategic approach to managing the company's financial resources, including overseeing daily sales tracking, cash management, inventory control, and financial reconciliations.

Key Responsibilities

  • Lead and supervised the accounting team in tracking every service rendered and product sales daily, ensuring that all financial transactions are accurately recorded and reported.
  • Develop and implement financial policies and procedures to ensure effective financial management and compliance with regulatory requirements.
  • Monitor and maintain the approved funds limit for petty expenses, ensuring that the operational needs of the business are met without exceeding budgetary constraints.
  • Provide strategic insights and recommendations based on financial analysis to support business decision-making.
  • Oversee the management of the mini-warehouse/store, ensuring that inventory levels are optimized for the timely supply of finished products to meet customer orders.
  • Implement inventory control systems to minimize waste, prevent stockouts, and ensure accurate reporting of inventory levels.
  • Supervise the preparation of group expense requisitions for fund disbursement, ensuring all expenditures are justified, approved, and within budget.
  • Ensure that all expenses are accurately captured, tracked, and reflected in the individual expense ledgers, providing clear visibility of financial outflows.
  • Ensure customer accounts are consistently updated, and outstanding balances are closely monitored to prevent overdue payments.
  • Develop strategies to improve cash flow by optimizing the accounts receivable process and reducing payment delays.
  • Prepare and review bank reconciliation statements and financial reports, ensuring they are accurate, comprehensive, and submitted on time.
  • Ensure full compliance with all financial regulations and internal policies, minimizing the risk of financial discrepancies and legal issues.
  • Coordinate internal and external audits, ensuring that all necessary documentation and information are provided accurately and promptly.

Qualifications

  • Bachelor's Degree in Accounting, Finance, or a related field.
  • Professional accounting qualification ICAN is desirable.
  • Minimum of 5 years of experience in a senior accounting role, preferably within the FMCG sector.
  • Extensive knowledge of accounting principles, financial reporting, and regulatory compliance.
  • Proficiency in advanced accounting software and Microsoft Office Suite.
  • Strong leadership skills with the ability to manage and develop a high-performing team.

Key Competencies:

  • Strategic thinking with a strong business acumen.
  • Excellent communication, negotiation, and interpersonal skills.
  • High level of integrity, with a commitment to ethical financial practices.
  • Ability to manage multiple priorities and work under pressure.
  • Strong analytical skills and attention to detail.
  • You meet the requirements for this role and are passionate about contributing to high-quality manufacturing in the FMCG industry.