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Senior Accountant

1 day ago

Abuja, FCT, Nigeria EdnaEvans Full time

The ideal candidate will have substantial exposure to monthly closing processes, forecasting and budgeting, and customer billing. They will be organized and approach each issue with an analytical mindset.

Responsibilities

  • Ensure business transactions are reported in accordance with generally accepted accounting principles
  • Work closely with team members to assist with the month-end close
  • Assist with the annual audit process including the draft of the financial statements and related notes

  • Research and analyze expense variances for company management

  • Educational & Professional Qualifications

  • Bachelor's degree in
    Accounting, Finance, or a related discipline

  • Professional certification is
    mandatory or strongly preferred
    :
  • ICAN / ACCA / CPA (or in progress with advanced level completion)
  • Strong working knowledge of
    Taxation
    and Nigerian statutory requirements

  • Continuous professional development in
    costing, taxation, or financial systems
    is an advantage

  • Experience Requirements

  • 5–8 years
    progressive accounting experience, with at least
    2–3 years at a senior level

  • Prior experience in
    fashion, retail, manufacturing, FMCG, or lifestyle brands
    is highly preferred
  • Proven experience handling:
  • Inventory-heavy environments
  • Multi-channel sales (retail, wholesale, online, bespoke)
  • Production and vendor-driven cost structures

  • Experience supporting
    fast-growing or creative-led businesses
    is a strong advantage

  • Core Technical Competencies

Financial Accounting & Reporting

  • Prepare and review:
  • Monthly management accounts
  • Profit & Loss statements by product line / collection
  • Balance sheet and cash flow statements
  • Ensure accurate
    month-end and year-end close
    processes
  • Maintain a clean, audit-ready general ledger

Costing & Fashion-Specific Accounting

  • Develop and manage:
  • Garment costing
    (fabric, trims, labour, logistics, wastage)
  • Cost per collection, style, or SKU
  • Track
    production variances
    , wastage, and margin erosion
  • Support pricing decisions with margin analysis

Inventory & Stock Control

  • Oversee inventory accounting across:
  • Raw materials
  • Work-in-progress (WIP)
  • Finished goods
  • Reconcile physical stock counts with system records
  • Monitor slow-moving, obsolete, and damaged stock provisions

Taxation & Compliance

  • Ensure compliance with:
  • PAYE, WHT, VAT, CIT
  • Pension, NSITF, ITF (where applicable)
  • Prepare and submit statutory returns accurately and on time

  • Support tax audits and regulatory inspections

  • Systems & Tools Proficiency

  • Strong proficiency in accounting software such as:

  • Sage, QuickBooks, Odoo, SAP, or similar ERP systems
  • Advanced
    Excel skills
    :
  • Pivot tables, financial models, dashboards
  • Ability to design
    financial trackers
    for:
  • Production costs
  • Inventory movement
  • Cash flow forecasts

  • Experience integrating POS, inventory, and accounting systems is an advantage

  • Business & Commercial Acumen

  • Strong understanding of:

  • Fashion business cycles (seasonality, collections, drops)
  • Retail margins and mark-ups
  • Ability to translate numbers into
    business insights
    for:
  • Creative Director
  • Operations
  • Sales and Merchandising teams
  • Support budgeting, forecasting, and financial planning for:
  • New collections
  • Store expansion

  • Pop-ups and fashion shows

  • Leadership & Collaboration Skills

  • Ability to supervise and review work of:

  • Junior Accountants
  • Accounts Officers
  • Inventory Clerks
  • Strong cross-functional collaboration with:
  • Production team
  • Procurement
  • Retail & Sales
  • Creative & Design teams

  • Ability to enforce financial discipline
    without stifling creativity

  • Behavioural & Ethical Requirements

  • High level of
    integrity, confidentiality, and accountability

  • Strong attention to detail with zero tolerance for inaccuracies
  • Ability to work under pressure in fast-paced, deadline-driven environments
  • Commercially firm but culturally sensitive in dealing with creatives

  • Proactive, solution-oriented mindset

  • Key Performance Expectations (Summary)

  • Accurate and timely financial reporting

  • Improved gross margins per collection
  • Reduced inventory variances and wastage
  • Strong cash flow management
  • Zero compliance penalties or audit issues