Management Accountant

1 day ago

Lagos, Lagos, Nigeria -a6d6-47d6-809e-3e2b9e2ac568 Full time

We are seeking a highly capable management accountant to optimize our financial management policies. You will be performing financial analysis, preparing financial forecasts, and advising senior management on strategic planning.

To ensure success as a management accountant, you should exhibit extensive knowledge of financial analysis and forecasting and experience in a similar environment. An outstanding management accountant will be someone whose financial accounting and business management expertise translates into sustained business growth.

Key Responsibilities:

1. Financial Reporting & Analysis

  • Prepare daily, weekly, and monthly management reports, including profit & loss, balance sheet, and cash flow statements for all outlets.
  • Analyze variances between actual and budgeted figures and provide actionable insights.
  • Track performance metrics (e.g. food cost %, gross profit margins, outlet profitability).

2. Budgeting & Forecasting

  • Assist in the preparation of annual budgets and periodic reforecasts for all branches and departments.
  • Monitor budget compliance and investigate deviations in spending or revenue targets.

3. Cost Control & Efficiency

  • Monitor and analyze food, labor, and overhead costs across the business.
  • Recommend ways to improve cost efficiency without compromising quality or service delivery.
  • Work with procurement and operations to implement cost-saving initiatives.

4. Financial Planning & Strategy

  • Support the MD and management team with strategic financial planning.
  • Participate in business expansion analysis, including feasibility studies for new outlet locations or services.

5. Internal Controls & Compliance

  • Ensure accounting processes comply with internal policies, tax regulations, and financial best practices.
  • Assist audit department in conducting internal audits and ensure financial controls are enforced.

6. Operational Support

  • Collaborate with operations managers to understand financial drivers of each outlet.
  • Provide training to outlet managers on interpreting financial reports and managing budgets.

7. Data Management & Systems

  • Maintain accurate and timely financial records using accounting software (e.g. QuickBooks, Sage, or any internal system).
  • Improve data collection systems for better financial monitoring and reporting.

Qualifications & Requirements:

  • Bachelor's Degree in Accounting, Finance, or a related field.
  • ACA, ACCA, or ICAN certification (preferred or in progress).
  • Minimum 10 years of relevant experience, preferably in the food or retail industry.
  • Strong proficiency in Excel and financial reporting tools.
  • Analytical mindset with excellent problem-solving skills.
  • Good communication and interpersonal abilities.
  • Ability to work under pressure and meet tight deadlines.

Job Type: Full-time

Pay: From ₦400,000.00 per month

Experience:

  • accounting: 10 years (Preferred)

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