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Senior Accountant

Fave Consulting

Abuja, Nigeria Permanent

Published 1 month ago · Expires 3 weeks from now

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Job description

This position offers a great opportunity for career growth. Position Overview: We\'re looking for a high-performing professional Senior Accountant with strong commercial and financial controls experience in wholesale and retail FMCG, someone who can:
  • Reconcile complex financial streams (multiple warehouses, terminals, retail outlets) 
  • Handle stock valuation and periodic stock-takes with precision 
  • Harmonize bank facilities and credit lines
  • Ensure strict compliance with current and new Nigerian tax laws
This is NOT a junior cutter-and-payer role — it’s a strategic operational finance position that influences pricing, profitability, and compliance. KEY ROLES AND RESPONSIBILITIES
  • Prepare accurate monthly, quarterly, and annual accounts in line with NRS and Nigerian GAAP. 
  • Ensure timely bank reconciliations across multiple accounts (operational, POS, supply credits, loans).
  • Oversee accounts receivable and payable, enforce strict aging controls, and optimize cash flow. 
  • Manage fixed assets and depreciation schedules Wholesale & Retail Stock Control 
  • Lead periodic, full-cycle stocktaking (monthly and quarterly), coordinate teams, and reconcile physical stock with the ERP/Accounting system.
  • Administer VAT, Withholding Tax, Companies Income Tax, and other statutory deductions as per the latest Nigerian tax laws.
  • Monitor and harmonize bank facilities — overdrafts, POS merchant settlements, trade credits. •
  • Forecast financing needs and strategize to minimize borrowing costs. Advise on pricing, promotions, discounts, and margin impact models. 
  • Partner with Sales, Operations, and Inventory teams to align financial strategy with execution.
  • Maintain integrity of accounting system — strict controls, audit trails, authorization workflows. 
  • Train team members on process compliance and financial discipline. 
  • Perform ad-hoc analyses as required by the CEO/Director. 
Required Qualifications: & EXPERIENCE 
  • Bachelor’s Degree in Accounting, Finance, or related field 
  • Professional qualification (ICAN / ACCA / CPA / ACA)
  • Minimum 3 - 5 years hands-on experience in FMCG wholesale/retail accounting 
  • Strong understanding of stocktaking processes, inventory valuation, and ERP systems 
  • Deep knowledge of Nigerian Tax Act, VAT, WHT, CIT, stamp duties and compliance requirements 
  • Advanced Excel skills; ERP experience (SAP, Oracle, QuickBooks Enterprise, Odoo, etc.) 
  • Proven ability to reconcile complex bank portfolios and financial streams. 
  • Experience with multi-location operations 

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