Stock Accountant at a Prominent Fast Food Company

We are a leading fast food company in Nigeria with a network of quick-service restaurants and an outdoor catering businesses. We produce a wide variety of quality products to eat in restaurants or for take-aways.

As a result of business expansion, we are recruiting to fill the position below:

Job Title: Stock Accountant

Location: Satellite Town, Lagos
Employment Type: Full-time

Responsibilities
Responsibilities for inventory accountant:

• Monitor inventory and prepare inventory ageing reporting
• Participate in annual statutory audit and tax filing
• Liaise with external suppliers, vendors and customers
• Accounting for the company's Cost of Goods with a focus on Inventory on hand, Inventory reserves, sensitive inventory movements and associated inventory variances
• Acting as a key contributor during the monthly closing cycle to the overall calculation of Gross Margin results balance sheet reconciliations for inventory related accounts
• Participate during the monthly closing cycle to the overall calculation of Gross Margin results
• Coordinate inventory reporting of receipt and consumption activities
• Provide assistance with forecasts and budget details as needed
• Inventory valuations and inventory reserve calculations
• Assist with establishing internal controls
• Review account analysis on Balance Sheet and P&L accounts
• Review journal entries during month-end closing
• Manage closed store accrual relating to lease rent and ARO liability
• Analyze Halloween temp stores during pre-season approval process for financial profitability
• Budgeting of real estate and risk management P&L accounts
• Reconcile monthly cycle counts and semi-annual physical counts to the perpetual inventory ledger.

Qualifications / Skills

• B.Sc / HND in Finance or Economics, Accounting or Business Studies
• 5 - 10 years cognate experience.

Application Closing Date
20th April, 2023.