Accountant at Renewable Energy Association of Nigeria

Job Purpose:

• To maintain accurate financial records, ensure regulatory compliance, support management decision-making, and contribute to the financial health of the organization throughout the complete financial cycle using the REAN structure.

Key Responsibilities (REAN Structure)

Capture & Record Financial Activity

•  Collect, verify, and record all incoming financial transactions (invoices, receipts, bank statements, expense reports)
•  Process accounts payable: match purchase orders, verify invoices, obtain approvals, and enter the system
•  Process accounts receivable: issue invoices, follow up on outstanding payments, record customer receipts
•  Maintain fixed asset register, record acquisitions, disposals, and calculate depreciation
•  Gather and classify supporting documentation for all financial events

Analyze, Reconcile & Interact

•  Investigate and resolve discrepancies in accounts and transactions.
•  Prepare and analyze monthly management accounts, variance reports, and key performance indicators.
•  Respond to internal queries from department heads, program officer, and other employees regarding budgets, expenses, and payments.
•  Liaise with external parties (suppliers, customers, banks, tax authorities) on finance-related matters

Close, Report & Comply

•  Prepare accurate and timely financial statements (balance sheet, income statement, cash flow)
•  Support statutory audits: prepare working papers, schedules, and respond to auditor queries.
•  Ensure compliance with applicable accounting standards, tax laws, and internal policies.
•  Submit statutory filings, tax returns, and other regulatory reports on time

Forecast, Improve & Advise

•  Prepare annual budgets, rolling forecasts, and cash flow projections
•  Monitor financial performance against budget, highlight risks/opportunities, and propose corrective actions
•  Identify process inefficiencies and recommend improvements to accounting procedures and internal controls
•  Support cost analysis, profitability studies, pricing decisions, and investment appraisals
•  Maintain up-to-date knowledge of changes in accounting standards, tax legislation, and best practices
•  Contribute to finance team development through knowledge sharing and training of junior staff

Qualifications & Requirements

•  Bachelor’s degree in Accounting, Finance, or related field
•  Professional qualification (ICAN preferably)
•  3–4 years of progressive accounting experience (depending on seniority level)
•  Strong knowledge of accounting principles, financial reporting, and tax basics.
•  Proficiency in accounting software (QuickBooks, Xero, SAP, Oracle, NetSuite, or similar) and advanced Excel
•  High attention to detail, analytical mindset, and strong numerical accuracy.
•  Excellent communication and stakeholder management skills.

Competencies

• Accuracy & Detail Orientation – Ensures precision in financial records.
• Analytical Thinking – Provides insights for financial decision-making.
• Confidentiality – Handles sensitive financial information responsibly.
• Time Management – Meets deadlines and manages multiple priorities.