Accountant at Solwood Limited

Job Summary

• The Accountant will be responsible for managing financial records, ensuring compliance with statutory requirements, supporting financial reporting, and maintaining strong internal controls.
• The role requires accuracy, integrity, and the ability to work in a fast-paced industrial environment.

Key Responsibilities
Financial Management & Reporting:

• Prepare and maintain accurate financial records, including ledgers, journals, and reconciliations.
• Produce monthly, quarterly, and annual financial reports.
• Assist in budget preparation and monitor budget performance.
• Ensure timely closing of accounts and preparation of financial statements.

Accounts Payable & Receivable:

• Manage invoices, payments, and receipts efficiently.
• Reconcile supplier statements and resolve discrepancies.
• Monitor receivables and follow up on outstanding payments.

Taxation & Compliance:

• Ensure compliance with Nigerian tax laws (PAYE, VAT, WHT, CIT, etc.).
• Prepare and file statutory returns with relevant authorities (FIRS, State IRS, etc.).
• Support audits (internal and external) and regulatory inspections.

Payroll & Statutory Contributions:

• Support payroll processing and ensure accuracy.
• Ensure timely remittance of statutory deductions (Pension, NHF, NSITF, ITF).

Cost Control & Analysis:

• Monitor production and operational costs within the company.
• Provide cost analysis and recommend efficiency improvements.
• Track inventory and support stock valuation processes.

Internal Controls:

• Maintain proper documentation and audit trails.
• Ensure compliance with company policies and financial procedures.
• Identify and mitigate financial risks.

Qualifications & Requirements

• Bachelor’s Degree in Accounting, Finance, or related field.
• Professional certification (ICAN, ACCA, or equivalent) is an added advantage.
• 3–6 years relevant experience (preferably in manufacturing or industrial setting).
• Strong knowledge of accounting principles and financial regulations.
• Proficiency in accounting software and Microsoft Excel.