Accountant at BAU STRABE

Job Summary

• The Accountant will be responsible for managing the financial operations of Bau Strabe Limited, with a strong focus on construction project accounting, cost control, and financial reporting.
• The role involves tracking project expenditures, managing site finances, ensuring regulatory compliance, and providing financial insights to support efficient project delivery and profitability.

Key Responsibilities
Financial Management & Reporting:

• Prepare and maintain accurate financial records, including general ledger, journals, and financial statements.
• Produce monthly management accounts and project financial reports.
• Monitor company cash flow and provide regular financial updates to management.

Project & Site Accounting:

• Track project costs (labour, materials, equipment, subcontractors) against approved budgets.
• Prepare cost analysis reports for each project and highlight variances.
• Manage site petty cash and operational float, ensuring proper documentation and retirement.
• Work closely with the Project Manager to monitor project profitability and cost efficiency.

Accounts Payable & Receivable:

• Process supplier invoices and subcontractor payments.
• Manage client invoicing, interim payment applications, and follow up on receivables.
• Maintain accurate records of all payables and receivables.

Payroll & Statutory Compliance:

• Prepare and process staff payroll, including site workers.
• Ensure timely remittance of statutory deductions (PAYE, VAT, WHT, Pension, NSITF, etc.).
• Ensure compliance with Nigerian financial regulations and tax laws.

Banking & Reconciliation:

• Perform bank reconciliations and resolve discrepancies.
• Manage company bank accounts and monitor transactions.

Audit & Documentation:

• Support internal and external audits by providing required documentation.
• Maintain proper filing systems for all financial and project-related documents.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reports
• Effective cost control on projects
• Timely processing of payments and payroll
• Compliance with statutory obligations
• Reduction in financial discrepancies and audit queries.

Qualifications & Requirements

• HND or Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification (ICAN or ACCA) is highly desirable.
• 3–5 years’ experience, preferably in a construction or engineering company.
• Strong knowledge of project accounting and cost control.
• Proficiency in accounting software (e.g., Sage, QuickBooks, or similar).
• Good understanding of Nigerian tax and statutory requirements.
• Advanced use of Microsoft Excel for financial analysis.

Key Competencies:

• Strong attention to detail and accuracy
• High level of integrity and accountability
• Ability to work under pressure and meet deadlines
• Strong analytical and reporting skills
• Effective communication and teamwork
• Ability to manage site-based financial operations.

Salary & Benefits

• Competitive salary based on experience
• Pension contributions
• Health benefits (where applicable)
• Opportunities for career growth within the organization.