Account Officer
JobMag Limited
Posting Title: Account Officer
Industry: Restaurant/Food Services
Salary: ₦Negotiable
Work Experience: 3 years
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Summary:
The Account Officer plays a pivotal role in ensuring the financial health and operational efficiency of a dynamic restaurant or food services establishment. Reporting to the Finance Manager or General Manager, this position is responsible for maintaining accurate financial records, managing daily accounting operations, and supporting strategic financial decision-making. With a focus on precision, compliance, and cost control, the Account Officer ensures that all financial transactions—from payroll and vendor payments to inventory costing and revenue tracking—are processed accurately and in alignment with industry standards and regulatory requirements. This role is critical in maintaining transparency, supporting profitability, and enabling data-driven growth within a fast-paced food service environment. The ideal candidate will possess a strong foundation in financial accounting, meticulous attention to detail, and the ability to thrive in a results-oriented, customer-centric setting.
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Responsibilities:
- Manage daily bookkeeping activities including recording sales, expenses, receipts, and payments using accounting software (e.g., QuickBooks, Xero, or similar).
- Prepare and reconcile bank statements, accounts payable, and accounts receivable on a regular basis.
- Maintain accurate and up-to-date financial records, including general ledger entries, trial balances, and financial reports.
- Assist in the preparation of monthly, quarterly, and annual financial statements (P&L, balance sheets, cash flow statements).
- Monitor inventory levels and conduct periodic stock reconciliations to minimize waste and control costs.
- Support payroll processing, ensuring timely and accurate disbursement of employee wages and deductions.
- Ensure compliance with tax regulations, including VAT, PAYE, and other statutory obligations, and coordinate with external auditors during audits.
- Provide financial insights and performance reports to management to support budgeting, forecasting, and operational planning.
- Implement and maintain internal controls to safeguard company assets and prevent financial discrepancies.
- Collaborate with department heads to track departmental expenses and identify cost-saving opportunities.
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Requirements
Requirements:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Minimum of 3 years of hands-on experience in accounting or bookkeeping within the food services, hospitality, or restaurant industry.
- Proficiency in financial accounting principles, including GAAP or IFRS standards.
- Strong expertise in bookkeeping, financial reporting, and accounting management.
- Experience with accounting software such as QuickBooks, Xero, or SAP.
- Excellent analytical, organizational, and problem-solving skills with a keen eye for detail.
- Ability to manage multiple priorities in a fast-paced environment with accuracy and timeliness.
- Strong communication skills and the ability to present financial data clearly to non-financial stakeholders.
- Knowledge of Nigerian tax regulations and compliance requirements (VAT, PAYE, etc.).
- Professional demeanor, integrity, and commitment to confidentiality.
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Benefits
NEGOTIABLE
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