Accountant in a Logistics Firm

They are recruiting to fill the position below:

Job Title: Accountant

Location: Lagos
Employment Type: Full-time

Job Purpose

• The Accountant is responsible for managing the financial records, reporting, and controls of the fleet management operations.
• The position plays a critical role in cost optimisation, financial transparency, and operational efficiency within the fleet business.
• This role ensures accurate financial tracking of vehicle-related expenses, fuel consumption, maintenance costs, vendor payments, and revenue streams while maintaining compliance with internal policies and regulatory requirements.

Key Responsibilities
Financial Reporting & Record Keeping:

• Reconcile general ledger accounts, bank statements, and vendor accounts.
• Generate monthly, quarterly, and annual financial reports.
• Monitor cash flow and prepare financial forecasts.
• Prepare and maintain accurate financial records in line with accounting standards.

Fleet Cost Management & Analysis:

• Track and analyse vehicle-related expenses including:
• Prepare cost-per-vehicle and cost-per-kilometre analysis reports.
• Identify cost-saving opportunities and recommend efficiency improvements.
• Depreciation of fleet assets
• Repairs and maintenance costs
• Insurance and licensing fees
• Fuel consumption and variances

Revenue & Billing Oversight:

• Monitor billing for vehicle rentals, shuttle services, and corporate contracts.
• Reconcile payments received via cash, transfers, POS, or other channels.
• Follow up on outstanding receivables.
• Ensure accurate invoicing and timely revenue recognition.

Vendor & Payables Management:

• Process payments in accordance with company approval procedures.
• Review and verify vendor invoices (maintenance, parts suppliers, fuel vendors, etc.).
• Maintain updated vendor records and contracts.

Asset & Inventory Management:

• Track spare parts inventory and ensure proper valuation.
• Calculate and record depreciation schedules.
• Maintain fixed asset register for fleet vehicles.

Compliance & Internal Controls:

• Ensure tax compliance, statutory remittances, and regulatory filings.
• Ensure adherence to internal financial policies and procedures.
• Support internal and external audits.
• Strengthen financial controls to prevent fraud or misappropriation.

Support to Management:

• Present financial reports to management when required.
• Participate in budgeting and strategic planning processes.
• Provide financial insights to support operational decision-making.

Key Performance Indicators (KPIs)

• Compliance with audit and regulatory requirements
• Zero tolerance for financial leakages or unresolved discrepancies
• Reduction in fuel and maintenance cost variances
• Effective receivables collection cycle
• Accuracy and timeliness of financial reports

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or related field
• Minimum of 5 years’ accounting experience (experience in fleet, logistics, or transport industry preferred)
• Proficiency in accounting software (e.g., Sage, QuickBooks, SAP)
• Strong analytical and reconciliation skills
• Professional certification (ACA, ACCA, or equivalent) — added advantage

Required Competencies:

• Ability to interpret financial data for operational decision-making
• Strong attention to detail
• High integrity and ethical standards
• Ability to work under pressure and meet deadlines.
• Strong communication and reporting skills
• Analytical and problem-solving skills