Assistant Accountant at Domeo Resources International (DRI)

Main Function

• The Assistant Accountant supports the Accountant in managing the organization’s financial records, ensuring accuracy, compliance, and timely reporting of financial transactions.
• The role involves assisting with bookkeeping, preparing financial reports, handling accounts payable and receivable, and maintaining proper financial documentation.
• The Assistant Accountant must be detail-oriented, organized, and capable of working in a fast-paced business environment.

Role Responsibilities
Financial Record Management:

• Assist in maintaining accurate and up-to-date financial records.
• Record daily financial transactions, including income, expenses, and payments.
• Ensure proper filing and documentation of all financial records.

Accounts Payable and Receivable:

• Assist in processing invoices and payments promptly.
• Monitor accounts receivable and follow up on outstanding payments.
• Support reconciliation of vendor and customer accounts.

Financial Reporting:

• Assist in preparing monthly, quarterly, and annual financial reports.
• Support the preparation of profit and loss statements, balance sheets, and cash flow reports.
• Provide necessary financial data for management review.

Budgeting and Cost Control:

• Support the preparation and monitoring of budgets.
• Track expenses and report any variances.
• Assist in implementing cost control measures.

Bank and Cash Management:

• Assist in performing bank reconciliations.
• Support monitoring of cash flow and daily cash balances.
• Maintain petty cash records and ensure accountability.

Tax and Regulatory Compliance:

• Assist in ensuring compliance with tax regulations and statutory requirements.
• Support preparation of tax filings (VAT, PAYE, etc.).
• Maintain proper records for regulatory purposes.

Audit and Internal Control:

• Support internal and external audit processes.
• Help maintain effective internal control systems.
• Identify discrepancies and report issues to the Accountant.

Payroll Support:

• Assist in payroll preparation and processing.
• Ensure accuracy of salary calculations and deductions.

Documentation and Reporting:

• Maintain proper financial documentation and audit trails.
• Prepare periodic financial summaries and reports.
• Track basic financial performance indicators.

Process Improvement and Efficiency:

• Support improvements in accounting processes and systems.
• Ensure adherence to best practices in financial management.

Experience / Qualification

• Bachelor’s Degree or HND in Accounting, Finance, or related field
• 1–3 years of relevant accounting experience (including internships or NYSC)
• Professional certification (ICAN, ACCA, or equivalent) is an added advantage
• Basic knowledge of financial reporting and bookkeeping
• Experience in retail, hospitality, or similar sectors is an added advantage

Competencies / Skills:

• Basic knowledge of accounting principles and financial management
• Proficiency in Microsoft Office (especially Excel) and accounting software
• Good analytical and numerical skills
• Strong attention to detail and accuracy
• Basic understanding of taxation and compliance
• Ability to meet deadlines and work under supervision

Behavioural Qualities / Other Competences:

• High level of integrity and accountability
• Strong organizational and time management skills
• Willingness to learn and grow professionally
• Good communication and interpersonal skills
• Ability to work both independently and within a team
• Disciplined and proactive attitude.