Senior Accountant at Lorache Consulting Limited

Location: South / East - Northern part of Nigeria

Job Summary 

• The Senior Accountant is responsible for overseeing and managing the general accounting operations of a manufacturing company.
• This role requires a strong understanding of accounting principles, a keen eye for detail, and the ability to analyze financial data to support informed decision-making.

Responsibilities

• Financial Reporting: Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
• General Ledger Maintenance: Maintain the general ledger, ensuring accuracy and compliance with accounting standards (GAAP).
• Accounts Payable/Receivable: Manage accounts payable and receivable processes, including invoice processing, vendor payments, and customer collections.
• Inventory Management: Assist in the management of inventory levels and costs.
• Cost Accounting: Analyze production costs, identify variances, and recommend cost-saving measures.
• Financial Analysis: Conduct financial analysis to identify trends, assess financial performance, and support strategic decision-making.
• Internal Controls: Implement and maintain internal controls to ensure the accuracy and integrity of financial records.
• Tax Compliance: Assist with the preparation and filing of various tax returns.
• Audits: Coordinate and assist with external and internal audits.
• Team Management: May supervise and mentor junior accounting staff.
• Pricing: Ensure that the right costing model is followed to meet and surpass target margin
• Treasury Management: Ensure judicious application and management of pool of funds.
• Logistics: Assist in the management of logistics at all levels (Import & Export).

KPI

• Financial Statement Accuracy: Ensure all financial statements are prepared and submitted accurately and on time with a 99% accuracy rate.
• Account Reconciliation Accuracy: Maintain accurate and timely reconciliation of all balance sheet accounts with a 100% accuracy rate.
• Cost Variance Analysis: Identify and analyze cost variances within budget with 95% accuracy.
• On-Time Tax Filing: Ensure all tax filings are submitted on time to avoid penalties
• Internal Control Effectiveness: Implement and maintain effective internal controls to minimize risks and errors.

Qualifications

• Bachelor’s Degree in Accounting or Finance.
• ICAN or other relevant professional certification preferred.
• 7+ years of experience in accounting, with experience in a manufacturing environment preferred.
• Strong knowledge of accounting principles (GAAP) and financial reporting standards.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Excellent analytical, problem-solving, and communication skills.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team.

Skills:

• Technical Accounting Skills: Strong understanding of GAAP, financial reporting, and accounting software. Analytical Skills: Ability to analyze financial data, identify trends, and draw meaningful conclusions.
• Problem-Solving Skills: Ability to identify and resolve accounting issues and discrepancies.
• Communication Skills: Effective communication with colleagues, management, and auditors.
• Attention to Detail: Meticulous attention to detail to ensure accuracy in all accounting records

Salary
N800,000 - N1,000,000 per month.