Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
13 days ago

Additional Details

Job ID
150954
Job Views
30

Job Description






Job Summary




  • The Accountant will be responsible for managing the financial operations of Bau Strabe Limited, with a strong focus on construction project accounting, cost control, and financial reporting.

  • The role involves tracking project expenditures, managing site finances, ensuring regulatory compliance, and providing financial insights to support efficient project delivery and profitability.



Key Responsibilities

Financial Management & Reporting:




  • Prepare and maintain accurate financial records, including general ledger, journals, and financial statements.

  • Produce monthly management accounts and project financial reports.

  • Monitor company cash flow and provide regular financial updates to management.



Project & Site Accounting:




  • Track project costs (labour, materials, equipment, subcontractors) against approved budgets.

  • Prepare cost analysis reports for each project and highlight variances.

  • Manage site petty cash and operational float, ensuring proper documentation and retirement.

  • Work closely with the Project Manager to monitor project profitability and cost efficiency.



Accounts Payable & Receivable:




  • Process supplier invoices and subcontractor payments.

  • Manage client invoicing, interim payment applications, and follow up on receivables.

  • Maintain accurate records of all payables and receivables.



Payroll & Statutory Compliance:




  • Prepare and process staff payroll, including site workers.

  • Ensure timely remittance of statutory deductions (PAYE, VAT, WHT, Pension, NSITF, etc.).

  • Ensure compliance with Nigerian financial regulations and tax laws.



Banking & Reconciliation:




  • Perform bank reconciliations and resolve discrepancies.

  • Manage company bank accounts and monitor transactions.



Audit & Documentation:




  • Support internal and external audits by providing required documentation.

  • Maintain proper filing systems for all financial and project-related documents.



Key Performance Indicators (KPIs)




  • Accuracy and timeliness of financial reports

  • Effective cost control on projects

  • Timely processing of payments and payroll

  • Compliance with statutory obligations

  • Reduction in financial discrepancies and audit queries.



Qualifications & Requirements




  • HND or Bachelor’s degree in Accounting, Finance, or related field.

  • Professional certification (ICAN or ACCA) is highly desirable.

  • 3–5 years’ experience, preferably in a construction or engineering company.

  • Strong knowledge of project accounting and cost control.

  • Proficiency in accounting software (e.g., Sage, QuickBooks, or similar).

  • Good understanding of Nigerian tax and statutory requirements.

  • Advanced use of Microsoft Excel for financial analysis.



Key Competencies:




  • Strong attention to detail and accuracy

  • High level of integrity and accountability

  • Ability to work under pressure and meet deadlines

  • Strong analytical and reporting skills

  • Effective communication and teamwork

  • Ability to manage site-based financial operations.



Salary & Benefits




  • Competitive salary based on experience

  • Pension contributions

  • Health benefits (where applicable)

  • Opportunities for career growth within the organization.



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