• Application Deadline:
• Position: Accounts Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Overview

• The Accounts Analyst will be responsible for supporting the finance team with accounting tasks, financial analysis, and reporting.


• This position plays a critical role in ensuring the accuracy and timeliness of financial information, helping to drive informed decision-making within a fast-paced commodity trading and manufacturing environment.


• The ideal candidate should have a strong grasp of financial principles, analytical thinking, and experience in accounting, especially within the commodity sector.

Key Responsibilities

Financial Reporting & Analysis:

• Prepare, analyze, and report monthly, quarterly, and annual financial statements.


• Assist in the preparation of financial forecasts, variance analysis, and trend reports for management review.


• Generate commodity-specific financial reports, including profit margins, cost analysis, and pricing trends.

Accounting Functions:

• Ensure the accuracy and completeness of all financial transactions and journal entries in line with GAAP and IFRS standards.


• Assist in the month-end and year-end close processes, including balance sheet reconciliations and P&L review.


• Support accounts payable and receivable processes, ensuring timely payments and collections.

Cost Accounting & Budgeting:

• Work closely with operations to analyze and monitor production costs, overhead allocations, and inventory valuations.


• Support the budgeting and forecasting process by analyzing commodity price trends, cost drivers, and financial risks.


• Assist with inventory accounting and reconcile variances between physical stock and financial records.

Commodity Trading Support:

• Analyze market trends and commodity price movements to assist the trading team with financial implications.


• Monitor and assess the financial performance of trading contracts and transactions.


• Assist in the preparation of reports on hedging strategies, risk management, and trade profitability.

Compliance & Audit:

• Ensure compliance with company policies, accounting standards, and relevant financial regulations.


• Prepare for internal and external audits by providing necessary documentation and supporting schedules.


• Assist in identifying and implementing process improvements to ensure operational efficiency.

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial reporting.


• Variance between forecasted and actual financial performance.


• Efficiency in closing month-end and year-end accounts.


• Inventory accuracy and cost control.

Key Requirements

Education:

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.


• Professional certifications (e.g., ACCA, ICAN, CFA) or progress toward them is compulsory.

Experience:

• 3-5 years of experience in accounting, financial analysis, or a similar role within the commodity trading or manufacturing industry.


• Experience with cost accounting, inventory management, or pricing analysis is highly desirable.

Technical Skills:

• Strong proficiency in accounting software (e.g., SAP, QuickBooks, Microsoft Dynamics).


• Advanced Excel skills for data analysis (e.g., Pivot Tables, VLOOKUP, and financial modeling).


• Familiarity with financial reporting standards (GAAP/IFRS).

Soft Skills:

• Strong analytical and problem-solving skills with keen attention to detail.


• Excellent communication skills and ability to collaborate across departments.


• Ability to manage multiple priorities in a fast-paced environment.