Accountant at Manufacturers Association of Nigeria (MAN)

Job Purpose

• The Accountant will be responsible for managing financial records, ensuring compliance with accounting standards and regulatory requirements, preparing financial reports, and supporting financial planning and analysis.
• The role requires strong analytical skills, accuracy, integrity, and the ability to work independently with minimal supervision.

Key Responsibilities
Financial Reporting & Governance:

• Prepare monthly management accounts and quarterly financial reports.
• Support preparation of annual financial statements for audit.
• Ensure compliance with regulatory requirements (VAT, WHT, PAYE, Pension, NSITF, etc.).
• Support reporting requirements to the Finance & Establishment Committee and Executive Management.
• Assist in implementing financial governance policies aligned with Board directives.

Membership & Revenue Accounting:

• Monitor and reconcile membership dues, subscriptions, and levies.
• Track and reconcile sponsorship income and event revenues.
• Maintain accurate records of receivables and follow up on outstanding payments.
• Provide periodic reports on membership revenue performance and aging analysis.

Event & Program Financial Management:

• Prepare event budgets in collaboration with Events/Programs team.
• Track event income and expenditure.
• Conduct post-event financial reconciliation and reporting.
• Monitor restricted funds or project-specific budgets (if donor-funded programs exist).

Budgeting & Financial Planning:

• Support the preparation of annual organizational budgets.
• Monitor budget performance and provide variance analysis.
• Provide financial data to support advocacy, research, and program initiatives.
• Assist in cash flow forecasting and financial sustainability planning.

Accounts & Internal Controls:

• Maintain the general ledger and chart of accounts.
• Perform bank and balance sheet reconciliations monthly.
• Ensure proper documentation and filing of all financial transactions.
• Enforce procurement and payment controls.
• Identify areas for strengthening internal controls and efficiency.

Payroll & Administrative Finance Support:

• Process payroll and ensure accurate statutory deductions.
• Maintain staff payroll records and remittance documentation.
• Support HR with financial data for benefits, leave accruals, and staff-related provisions.

Audit & Compliance:

• Coordinate internal and external audit processes.
• Prepare audit schedules and respond to audit queries.
• Ensure compliance with donor/grant reporting requirements (if applicable).

Key Performance Indicators (KPIs)

• Timely preparation of monthly management accounts.
• 100% compliance with statutory remittances.
• Reduction in outstanding membership receivables.
• Accuracy in event financial reconciliation.
• Clean external audit with minimal queries.
• Budget variance maintained within approved thresholds.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, or related discipline.
• Minimum of 4 years’ relevant accounting experience.
• Experience in a membership organization, NGO, association, or professional services firm is an advantage.
• Professional certification (ICAN/ACCA/ACA) or active progression toward certification preferred.
• Strong knowledge of accounting software (Sage, QuickBooks, ERP systems).
• Advanced proficiency in Microsoft Excel.

Core Competencies:

• Financial Accountability & Governance
• Financial Reporting Accuracy
• Revenue Tracking & Reconciliation
• Budget Management
• Compliance & Regulatory Knowledge
• Analytical Thinking
• Attention to Detail
• Confidentiality & Integrity
• Stakeholder Communication.