Senior Accountant at J3 Foods and Stores International

About the Role

This position offers a great opportunity for career growth within J3 Foods and Stores International. You will be responsible for overseeing all accounting operations across multiple distribution outlets, ensuring financial accuracy and compliance with accounting standards.

Key Responsibilities

• Ensure all financial transactions and records are accurately maintained for the organization
• Prepare timely and accurate financial statements (monthly, quarterly, annual) for all outlets
• Reconcile inventory transactions (purchases, movements, write-offs) in alignment with accounting standards
• Collaborate with the warehouse department to validate stock reports and minimize discrepancies between physical and book inventory
• Review and approve balance sheet reconciliations (bank, inventory, receivables, payables)
• Manage and mentor Account Officers across all distribution outlets
• Conduct monthly performance reviews and ensure adherence to accounting procedures
• Implement standardized accounting processes across all locations
• Resolve complex accounting issues escalated by Account Officers
• Approve payment vouchers, petty cash, and bank reconciliations
• Ensure payroll is processed correctly and on time, including accurate deductions and remittances
• Manage and monitor payment systems to verify incoming payments
• Oversee cost accounting and ensure proper allocation of expenses
• Implement cost-saving measures without compromising operational efficiency
• Monitor trade promotions, discounts, and rebate accounting
• Validate sales reports and ensure revenue recognition aligns with accounting standards
• Ensure timely filing of VAT, corporate taxes, and other statutory obligations
• Stay updated on changes in tax laws affecting FMCG distribution
• Implement internal controls to prevent fraud and errors
• Train Account Officers on new accounting processes and policies
• Prepare financial reports for MD/CEO and General Manager
• Advise management on investment opportunities and ways to improve profitability

Requirements

Candidates should possess relevant qualifications with experience in accounting and financial management.

Location

Lagos, Nigeria