Senior Accountant at Domeo Resources International (DRI)

Main Functions

• The Senior Accountant is responsible for overseeing the organization's accounting operations, ensuring accurate financial reporting, regulatory compliance, effective internal controls, and sound financial management practices.
• The role supports strategic decision-making by providing timely financial analysis, supervising accounting activities, and ensuring the integrity of financial records.
• The ideal candidate must possess strong technical accounting knowledge, excellent analytical skills, leadership capabilities, and the ability to work effectively in a fast-paced environment.

Role Responsibilities
Financial Reporting and Accounting:

• Prepare and review daily, weekly, monthly, quarterly, and annual financial statements.
• Ensure the accuracy and completeness of financial records in accordance with applicable accounting standards.
• Prepare profit and loss statements, balance sheets, cash flow statements, and management reports.
• Analyze financial performance and provide recommendations to management.

General Ledger Management:

• Oversee general ledger activities and ensure all transactions are accurately recorded.
• Review journal entries, account reconciliations, and adjusting entries.
• Ensure timely month-end and year-end closing processes.
• Maintain the integrity of the chart of accounts.

Budgeting and Financial Planning:

• Assist in preparing annual budgets and financial forecasts.
• Monitor departmental budgets and analyze budget variances.
• Support management with financial planning and cost optimization initiatives.
• Prepare financial projections and performance reports.

Accounts Payable and Receivable Oversight:

• Supervise accounts payable and receivable processes.
• Review supplier payments and customer collections.
• Ensure timely reconciliation of customer and vendor accounts.
• Monitor outstanding receivables and recommend collection strategies.

Bank, Cash, and Asset Management:

• Review bank reconciliations and cash management reports.
• Monitor cash flow and liquidity requirements.
• Maintain fixed asset registers and oversee depreciation schedules.
• Verify cash transactions and ensure compliance with financial procedures.

Taxation and Statutory Compliance:

• Ensure timely preparation and filing of tax returns and statutory remittances.
• Monitor compliance with tax regulations and financial reporting requirements.
• Liaise with regulatory authorities on financial matters where necessary.
• Maintain proper documentation for statutory audits and inspections.

Internal Controls and Audit Support:

• Implement and monitor effective internal control systems.
• Assist with internal and external audit exercises.
• Investigate financial discrepancies and recommend corrective actions.
• Ensure compliance with company financial policies and procedures.

Team Leadership and Development:

• Supervise accountants, finance officers, and other finance personnel.
• Review the work of junior accounting staff to ensure accuracy.
• Provide coaching, mentoring, and performance feedback.
• Promote continuous improvement within the finance department.

Financial Systems and Process Improvement:

• Ensure effective utilization of accounting software and ERP systems.
• Recommend improvements to accounting processes and financial controls.
• Support automation initiatives to improve efficiency and reporting accuracy.
• Maintain confidentiality and security of financial information.

Reporting and Management Support:

• Prepare financial reports for senior management and executive meetings.
• Present financial insights to support strategic decision-making.
• Support special financial projects and assignments as required.
• Perform other duties assigned by the Head of Finance or Management.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reports
• Successful completion of month-end and year-end closing activities
• Compliance with statutory and regulatory requirements
• Budget variance management
• Accuracy of reconciliations and financial records
• Effectiveness of internal controls
• Audit outcomes and compliance ratings
• Cash flow management and financial performance reporting
• Team productivity and performance
• Timely submission of management reports.

Experience / Qualification

• Bachelor's Degree or HND in Accounting, Finance, or a related discipline.
• Professional qualification such as ICAN, ACCA, ANAN, or equivalent is required.
• Master's degree in Accounting, Finance, or Business Administration is an added advantage.
• 5–8 years experience in accounting or finance, with at least 2–3 years in a senior accounting or supervisory role.
• Experience in the hospitality or hotel industry is an added advantage.
• Proficiency in accounting software, ERP systems, and Microsoft Excel is required.
• Strong knowledge of Nigerian tax laws, statutory compliance, and financial reporting standards.

Competencies / Skills:

• Strong knowledge of accounting principles and financial reporting standards
• Excellent analytical and financial interpretation skills
• Advanced proficiency in Microsoft Excel and accounting software
• Knowledge of ERP systems and financial management applications
• Strong budgeting, forecasting, and cost-control skills
• Leadership and team management abilities
• Excellent problem-solving and decision-making skills
• Strong communication and report-writing skills.

Behavioural Qualities / Other Competences:

• High level of integrity and confidentiality
• Strong attention to detail and accuracy
• Professional and ethical conduct
• Excellent organizational and time management skills
• Ability to work under pressure and meet deadlines
• Proactive and results-oriented mindset
• Strong interpersonal and leadership skills.