Location: Lekki, Lagos
Employment Type: Full-time
Work Mode: On-site
Category: Accounting, Finance and Tax Operations
Urehgab is recruiting a qualified and experienced Senior Accountant on behalf of its client in Lekki, Lagos. The successful candidate will oversee day-to-day accounting activities, tax compliance, financial reporting, cash flow management and project costing while helping to strengthen the organisation’s financial processes and internal controls.
Key Duties and Responsibilities
Accounting Transition and Set-Up
- Support the transition from the outsourced accounting firm, including the handover of prior-year records, outstanding tax matters and audit files.
- Assist with selecting, implementing or upgrading accounting software such as QuickBooks, Sage, Zoho Books or Xero.
- Maintain finance policies and procedures covering approvals, purchasing, expense claims, petty cash and document retention.
Accounting and Bookkeeping
- Maintain complete and accurate financial records in line with IFRS or IFRS for SMEs and applicable Nigerian regulations.
- Support month-end closing activities, including bank, supplier and customer reconciliations.
- Manage accounts payable and receivable, including client invoicing, milestone billing and debt collection.
- Track inventory and equipment, including items held for projects and the Experience Centre.
Project Accounting and Costing
- Maintain project-level accounts to monitor budgets, actual costs, profit margins and work in progress.
- Support appropriate revenue recognition for multi-stage projects, including deposits, milestone payments and retentions.
- Provide sales and project teams with cost and margin information for quotations and bills of quantities.
Tax and Statutory Compliance
- Prepare and file applicable company taxes, including Companies Income Tax, Value Added Tax (VAT), Withholding Tax (WHT), development levy and other statutory taxes.
- Manage PAYE and payroll deductions with the Lagos State Internal Revenue Service (LIRS), alongside pension, National Housing Fund (NHF), NSITF and ITF remittances.
- Liaise with the Nigeria Revenue Service (formerly FIRS), LIRS and other relevant agencies on tax audits, queries and tax clearance certificates.
- Ensure timely filing of Corporate Affairs Commission (CAC) annual returns and other statutory documents.
- Monitor tax reforms and advise the founders on their implications and legitimate tax-planning opportunities.
Treasury, Cash Flow and Imports
- Prepare weekly and monthly cash flow forecasts and support banking operations.
- Coordinate foreign exchange requirements for imported equipment, including Form M, letters of credit, foreign exchange purchases and supplier payments.
- Work with clearing agents to determine import duties and landed costs for accurate product pricing.
- Monitor foreign exchange exposure on naira-denominated contracts involving foreign currency expenses.
Financial Reporting, Budgeting and Analysis
- Prepare monthly management accounts covering profit and loss, balance sheet, cash flow, project margins and debtor ageing.
- Support annual budgeting and monitor financial performance against approved budgets.
- Analyse pricing, profitability across service lines and potential investment decisions.
- Support external audits and the preparation of audited financial statements.
Internal Controls and Team Support
- Maintain internal controls to safeguard cash, inventory and other assets, with appropriate segregation of duties.
- Process payroll accurately and maintain confidentiality.
- Support the recruitment and development of finance personnel as the organisation expands.
Requirements
- B.Sc. or HND in Accounting, Finance or a related discipline.
- ICAN or ACCA qualification is required.
- CITN membership or a tax qualification is an added advantage.
- At least two years of accounting and finance experience.
- Practical experience with Nigerian tax compliance, including CIT, VAT, WHT and PAYE.
- Proficiency in accounting software such as QuickBooks, Sage, Zoho Books or Xero.
- Experience in import accounting, foreign exchange transactions or letters of credit is an advantage.
- Experience in project or contract accounting is highly desirable.
- Previous experience in an SME or growing business is an added advantage.
Skills and Competencies
- Good knowledge of IFRS and current Nigerian tax regulations.
- Strong Excel skills and proficiency in at least one cloud-based accounting package.
- Excellent attention to detail and organisational skills.
- Ability to work independently and maintain accurate financial records.
- High integrity and discretion in handling financial and payroll information.
- Effective communication skills, including the ability to explain financial information clearly.
About Urehgab
Urehgab is a recruitment and workforce solutions company that helps innovative businesses across Africa build high-performing teams. The company specialises in sales, marketing and operations recruitment across sectors such as technology, manufacturing, hospitality, education and financial services. Its services include executive search and strategic hiring campaigns designed to help organisations recruit effectively and grow.
How to Apply
Interested and qualified candidates should apply online through the application link below:
Apply for the Senior Accountant position
Application Closing Date: Not Specified