Accountant at a Luxury Clothing Store - HR-Aid Consults

HR-Aid Consults - Our client, a luxury clothing store in Lekki is recruiting to fill the position below:

Job Title: Accountant

Location: Lekki, Lagos
Employment Type: Full-time

Job Responsibilities
Daily Accounting and Sales Reporting:

• Prepare and send a comprehensive end-of-day report to the Business Director, including:
  • Total sales breakdown (cash, card, and transfer payments).
  • Expenses and deductions incurred throughout the day.
  • Pre-order status, including payment progress and amounts outstanding
• Payment Confirmation and Verification:
• Confirm and track payments for:
  • Customer purchases made via bank transfer.
  • Pre-orders, including partial or full payments.
  • Delivery-related payments, if applicable.
• Payment Reconciliation:
• Reconcile and monitor payments for:
  • Daily sales transactions (cash, card, and transfer).
  • Operational expenses, such as:
  • Fueling and maintenance of generators.
  • Store supplies and materials.
• Inventory Management and System Updates:
• Daily Accounting and Sales Reporting:
• Prepare and send a comprehensive end-of-day report to the Business Director, including:
  • Total sales breakdown (cash, card, and transfer payments).
  • Expenses and deductions incurred throughout the day.
  • Pending customer payments and outstanding balances.
• Payment Confirmation and Verification:
• Confirm and track payments for:
  • Customer purchases made via bank transfer.
  • Pre-orders, including partial or full payments.
  • Delivery-related payments, if applicable.
  • Personal shopper payments.
• Payment Reconciliation:
• Reconcile and monitor payments for:
  • Daily sales transactions (cash, card, and transfer).
  • Operational expenses, such as:
  • Fueling and maintenance of generators.
  • Delivery costs and logistics fees.
• Inventory Management and System Updates:
• Accurately input inventory data into the system, including:
  • New stock arrivals following cargo pickups.
  • Stock updates reflecting sold, damaged, or promotional items.
• Financial Record Keeping:
• Maintain detailed and up-to-date financial records, including:
  • Daily transaction logs (recording cash inflows and outflows).
  • Delivery fee payments and balances with logistics companies.
  • Purchases made by the Business Director (BD) for business needs.
  • Petty cash management for day-to-day store operations, ensuring appropriate usage and tracking.
  • Monthly financial summaries and reports for management review.
• Expense Reconciliation:
  • Regularly reconcile store expenses with receipts or supporting documentation to ensure accuracy and consistency.
• Employee Salary Management:
  • Prepare and disburse employee salaries, ensuring timely payment.
  • Adjust for deductions, overtime, and other pay-related changes.

Requirements

• A Bachelor’s Degree in Accounting, Finance, or a related field.
• 2-4 years of experience in accounting or financial management.
• Proficiency in accounting software and tools for financial management (e.g., QuickBooks, Excel).
• Strong understanding of financial reporting, reconciliations, and inventory management.
• Knowledge of tax regulations and compliance requirements.
• Ability to prepare accurate payroll and manage petty cash systems effectively
• Strong organizational skills and attention to detail for maintaining accurate records.
• Excellent analytical and problem-solving abilities to handle financial discrepancies.
• Effective communication skills for reporting to management and coordinating with team members.
• High level of integrity and accountability in handling financial data.
• Professional certifications (e.g., ACA, ACCA) are an added advantage.
• Proactive in identifying and addressing financial discrepancies.
• Strong time-management skills to handle daily and monthly financial responsibilities.

Salary
N150,000 - N200,000 monthly.

Application Closing Date
3rd March, 2025.