Accountant

Accountant

Location: Lagos

Employment Type: Full-time

Job Summary

• The Accountant will be responsible for managing financial transactions, inventory accounting, dealership-related financial processes, and statutory compliance within the automobile business operations.
• The role supports accurate financial reporting, cost control, and effective monitoring of vehicle, spare parts, and operational expenses to ensure sound financial management across business units.

Key Responsibilities

Financial Accounting & Reporting:

• Maintain accurate accounting records in line with company policies and accounting standards.
• Prepare monthly management accounts, financial statements, and supporting schedules.
• Conduct month-end and year-end closing activities.
• Monitor revenue recognition from vehicle sales, spare parts, and service operations.
• Analyze financial performance and provide variance explanations.

Inventory & Cost Accounting:

• Manage accounting for vehicle inventory, spare parts, and workshop consumables.
• Reconcile physical inventory with system records regularly.
• Monitor inventory valuation, stock movement, and cost allocation.
• Track landed costs, import expenses, and related charges for vehicles and parts.
• Investigate inventory discrepancies and recommend corrective actions.

Accounts Payable & Receivable:

• Review supplier invoices, vehicle purchase documentation, and payment schedules.
• Monitor customer receivables including fleet sales, credit customers, and installment arrangements.
• Ensure timely processing of payments and collections.
• Reconcile dealer, vendor, and customer accounts periodically.

Bank & Account Reconciliation:

• Perform daily and monthly bank reconciliations.
• Reconcile inter-branch and intercompany transactions.
• Identify and resolve discrepancies promptly.

Taxation & Regulatory Compliance:

• Prepare statutory filings including VAT, WHT, PAYE, and other regulatory obligations.
• Ensure compliance with Nigerian tax and financial regulations.
• Support tax audits and regulatory reviews (FIRS, State IRS, etc.).

Audit & Internal Control:

• Support internal and external audit exercises.
• Maintain strong financial controls over cash handling, inventory, and payments.
• Ensure compliance with company financial policies and approval procedures.
• Assist in implementing audit recommendations.

ERP & Reporting:

• Post and review transactions within ERP systems (e.g., Microsoft Dynamics 365, SAP, or similar).
• Generate operational and financial reports for management decision-making.
• Ensure accuracy of financial data captured across branches or dealerships.

Key Performance Indicators (KPIs)

• Accuracy of financial and inventory records
• Timely month-end closing
• Inventory reconciliation accuracy
• Compliance with statutory deadlines
• Reduction in reconciliation discrepancies
• Audit compliance outcomes

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification (ICAN / ACCA) — completed or in progress preferred.
• 5–7 years of accounting experience, preferably in:
• Automobile industry
• Manufacturing
• Dealership operations
• Inventory-driven businesses
• Strong understanding of inventory accounting and cost control.
• Proficiency in Microsoft Excel and ERP systems.
• Knowledge of Nigerian tax regulations and statutory reporting.

Key Competencies:

• Strong analytical and reconciliation skills
• Inventory and cost accounting expertise
• High attention to detail and accuracy
• Financial reporting capability
• Integrity and confidentiality
• Problem-solving mindset
• Ability to work under deadlines.

Application Closing Date

20th April, 2026.

How to Apply

Interested and qualified candidates should

Click here to apply online