Accountant at Elizabeth Maddeux

Job Overview

• We are looking for a diligent and experienced Accountant to handle the end-to-end financial processes of our bakery operations.
• The ideal candidate must be comfortable with working in a fast-paced FMCG environment, capable of reconciling inventory with production, managing multiple accounts, and providing strategic insight for cost optimization.

Responsibilties
Accounts Payable & Receivable:

• Maintain vendor and customer ledgers; manage invoicing, receipts, and payments.
• Ensure timely payment of suppliers and collections from distributors or clients.

Bank Reconciliation & Cash Management:

• Reconcile all bank and POS statements with internal records.
• Monitor cash flow, implement petty cash controls, and forecast liquidity needs.

Budgeting & Forecasting:

• Develop operating budgets in conjunction with the Factory Manager.
• Track performance against budget and provide variance analysis with recommendations.

Tax & Regulatory Compliance:

• Prepare and file PAYE, VAT, WHT, and other statutory returns.
• Ensure accurate and timely remittances in line with FIRS and other regulatory requirements.

Inventory & Cost Control:

• Reconcile raw material usage with production output and sales.
• Monitor Cost of Goods Sold (COGS) and suggest efficiency improvements.
• Conduct monthly stock-taking with the storekeeper and internal auditor.

Process Development & Documentation:

• Develop standardized accounting procedures for revenue recognition, expenditure, and reconciliations.
• Implement financial controls to prevent leakage, misuse, or fraud.

Requirements

• B.Sc / HND in Accounting or Finance.
• 3 - 5 years of experience in a similar role, preferably in an FMCG setting.
• Proficiency in accounting software (QuickBooks, Sage, Excel).
• Membership of ICAN or ACCA (or in progress).
• Sound understanding of tax laws, internal controls, and manufacturing cost structures.