Senior Accountant at Owens and Xley

Salary: NGN 500,000

Our client is seeking a highly skilled Senior Accountant to oversee and manage core accounting and financial operations across the organization. The ideal candidate will be detail-oriented, analytical, and experienced in maintaining accurate financial records, ensuring compliance, and supporting strategic financial decisions. This is a key role requiring strong technical expertise and hands-on experience in accounting and financial reporting.

Key Responsibilities

• Oversee daily accounting operations, including accounts payables, receivables, general ledger updates, and bank reconciliations.
• Maintain accurate and up-to-date records of all financial transactions in line with accounting standards.
• Review and post sales invoices, receipts, supplier invoices, payments, and intercompany/interbank transactions.
• Manage petty cash and fuel card transactions, ensuring proper documentation and controls.
• Monitor cash flow and daily inflows to ensure adequate liquidity for operational needs.
• Ensure proper cash handling procedures and support periodic cash audits across branches.
• Implement and maintain strong internal control systems and financial policies.
• Reconcile HMOs, suppliers/vendors, and other client accounts regularly.
• Maintain and update the Fixed Assets Register.
• Ensure compliance with tax regulations and all statutory requirements.
• Oversee costing activities, including inventory landing costs and product pricing monitoring.
• Manage credit control processes to reduce bad debts and overdue receivables.
• Oversee payroll processing, contract wages, statutory deductions, and staff claims.
• Support month-end and year-end closing processes and prepare management reports.
• Prepare financial reports including sales analysis, payables, receivables, product count reports, intercompany reports, and petty cash reports.
• Maintain strong relationships with financial institutions and support loan processing when required.
• Undertake any additional tasks assigned by management.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification (ICAN, ACCA, or equivalent) is mandatory.
• 5–7 years of progressive accounting or finance experience, preferably in retail or a similar industry.
• Strong knowledge of accounting principles, financial reporting standards, and tax regulations.
• Proficient in accounting software (Sage, QuickBooks, ERP systems) and advanced MS Excel.
• Strong analytical, organizational, and problem-solving skills.
• High level of integrity, attention to detail, and confidentiality.
• Excellent communication and leadership skills.
• Ability to work under pressure, manage multiple priorities, and operate with minimal supervision.