Accountant at Simba Group

Simba Group which started operations in 1988, is a conglomerate having a Pan-Nigeria presence and business interests in some ofthe most dynamic sectors in the economy. The Group is a dominant player in the transportation, powerand IT-enabled service sectors, which are critical to the sustained growth of the Nigerian Economy. The corporate vision of the Group is to provide innovative and quality products along with excellent after-sales service to our customers. The activities of the Group are guided by strong value systems built around Integrity, Innovation, Openness and Consistency.

We are recruiting to fill the position below:

Job Title: Accountant

Location: Lagos
Employment Type: Full-time

Job Summary

• The Accountant will be responsible for managing financial transactions, inventory accounting, dealership-related financial processes, and statutory compliance within the automobile business operations.
• The role supports accurate financial reporting, cost control, and effective monitoring of vehicle, spare parts, and operational expenses to ensure sound financial management across business units.

Key Responsibilities
Financial Accounting & Reporting:

• Maintain accurate accounting records in line with company policies and accounting standards.
• Prepare monthly management accounts, financial statements, and supporting schedules.
• Conduct month-end and year-end closing activities.
• Monitor revenue recognition from vehicle sales, spare parts, and service operations.
• Analyze financial performance and provide variance explanations.

Inventory & Cost Accounting:

• Manage accounting for vehicle inventory, spare parts, and workshop consumables.
• Reconcile physical inventory with system records regularly.
• Monitor inventory valuation, stock movement, and cost allocation.
• Track landed costs, import expenses, and related charges for vehicles and parts.
• Investigate inventory discrepancies and recommend corrective actions.

Accounts Payable & Receivable:

• Review supplier invoices, vehicle purchase documentation, and payment schedules.
• Monitor customer receivables including fleet sales, credit customers, and installment arrangements.
• Ensure timely processing of payments and collections.
• Reconcile dealer, vendor, and customer accounts periodically.

Bank & Account Reconciliation:

• Perform daily and monthly bank reconciliations.
• Reconcile inter-branch and intercompany transactions.
• Identify and resolve discrepancies promptly.

Taxation & Regulatory Compliance:

• Prepare statutory filings including VAT, WHT, PAYE, and other regulatory obligations.
• Ensure compliance with Nigerian tax and financial regulations.
• Support tax audits and regulatory reviews (FIRS, State IRS, etc.).

Audit & Internal Control:

• Support internal and external audit exercises.
• Maintain strong financial controls over cash handling, inventory, and payments.
• Ensure compliance with company financial policies and approval procedures.
• Assist in implementing audit recommendations.

ERP & Reporting:

• Post and review transactions within ERP systems (e.g., Microsoft Dynamics 365, SAP, or similar).
• Generate operational and financial reports for management decision-making.
• Ensure accuracy of financial data captured across branches or dealerships.

Key Performance Indicators (KPIs)

• Accuracy of financial and inventory records
• Timely month-end closing
• Inventory reconciliation accuracy
• Compliance with statutory deadlines
• Reduction in reconciliation discrepancies
• Audit compliance outcomes

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification (ICAN / ACCA) — completed or in progress preferred.
• 5–7 years of accounting experience, preferably in:
• Automobile industry
• Manufacturing
• Dealership operations
• Inventory-driven businesses
• Strong understanding of inventory accounting and cost control.
• Proficiency in Microsoft Excel and ERP systems.
• Knowledge of Nigerian tax regulations and statutory reporting.

Key Competencies:

• Strong analytical and reconciliation skills
• Inventory and cost accounting expertise
• High attention to detail and accuracy
• Financial reporting capability
• Integrity and confidentiality
• Problem-solving mindset
• Ability to work under deadlines.

Application Closing Date
20th April, 2026.