About the Role
- We are seeking a competent and experienced Accountant to join our team in the power sector. The ideal candidate will have a strong background in financial management, accounting operations, statutory compliance, and financial reporting, preferably within a power generation, energy, engineering, or industrial services company.
Job Summary
- The Accountant will be responsible for managing day-to-day accounting operations, maintaining accurate financial records, preparing financial reports, monitoring project and operational costs, and ensuring compliance with applicable accounting standards and tax regulations.
- The successful candidate must have at least five years of relevant accounting experience and a sound understanding of the financial and operational demands of the power sector.
Key Responsibilities
Financial Accounting and Reporting:
- Maintain accurate financial records, general ledgers, and supporting accounting schedules.
- Prepare monthly management accounts, financial statements, and periodic financial reports.
- Perform bank reconciliations, balance sheet reconciliations, and general ledger reviews.
- Analyse financial results, identify variances, and provide insights to support management decisions.
- Ensure proper documentation and classification of all financial transactions.
Cost and Project Accounting:
- Monitor operational expenditure, project costs, and departmental budgets.
- Track costs associated with equipment procurement, installation, maintenance, repairs, and technical services.
- Review project-related invoices, purchase orders, work orders, and payment requests for accuracy and proper authorisation.
- Analyse actual expenditure against budgets and investigate significant cost variances.
- Support costing, pricing, and profitability analysis for projects and service contracts.
Accounts Payable, Receivable and Cash Flow:
- Manage accounts payable and receivable, ensuring timely processing and settlement of approved transactions.
- Monitor customer invoices, outstanding balances, collections, and supplier payments.
- Prepare cash flow reports and support short- and medium-term cash flow forecasting.
- Verify invoices and supporting documents before processing payments.
- Maintain accurate records of customer and supplier accounts.
Tax and Statutory Compliance:
- Ensure timely computation, filing, and remittance of applicable taxes, including VAT, withholding tax, and PAYE, as relevant.
- Maintain accurate records of statutory deductions and payments.
- Support tax audits, financial audits, and regulatory reviews.
- Keep abreast of applicable Nigerian tax legislation and accounting requirements.
Budgeting, Internal Controls and Audit:
- Assist in preparing annual budgets, financial forecasts, and expenditure plans.
- Monitor adherence to approved budgets and internal financial policies.
- Identify financial control weaknesses and recommend appropriate improvements.
- Provide supporting schedules and documentation for internal and external audits.
- Ensure compliance with company policies, accounting standards, and approval procedures.
Inventory and Fixed Asset Management:
- Maintain accurate records of fixed assets, equipment, spare parts, and other inventory items.
- Support periodic stock counts and fixed asset verification exercises.
- Ensure appropriate accounting treatment for asset purchases, depreciation, disposals, and repairs.
- Reconcile physical inventory and asset records with the accounting system.
Requirements and Qualifications
- Bachelor’s Degree or HND in Accounting, Finance, or a related discipline.
- Minimum of five years’ relevant accounting experience, preferably in the power, energy, engineering, manufacturing, or industrial services sector.
- Must be a Chartered Accountant.
- Preferably female for gender balance.
- Practical experience in financial reporting, reconciliations, budgeting, cost control, and statutory compliance.
- Good understanding of project accounting, operational expenditure, fixed assets, and inventory management.
- Knowledge of Nigerian tax regulations and applicable financial reporting standards.
- Proficiency in Microsoft Excel and accounting software or ERP systems.
- Strong analytical, numerical, organisational, and problem-solving skills.
- High level of integrity, accuracy, confidentiality, and attention to detail.
- Ability to work independently, meet deadlines, and manage multiple priorities.
Required Skills and Competencies:
- Financial reporting and analysis.
- Cost accounting and budget monitoring.
- Project cost control.
- Tax and statutory compliance.
- Accounts payable and receivable management.
- Cash flow forecasting.
- Inventory and fixed asset accounting.
- Internal controls and audit support.
- Advanced Excel and accounting systems.
- Effective communication and stakeholder management.
Salary
N500,000 monthly.
Application Closing Date
20th November, 2026.
Interested and qualified candidates should send their CV to: evelyn.olanrewaju@adventurecapital.com.ng using "Accountant" as the subject of the email.
Note: Only shortlisted candidates will be contacted.
