Lead Accountant

Job Summary

We are seeking a highly competent, detail-oriented, and experienced Accountant to manage and oversee the financial activities of a construction company. The successful candidate will be responsible for maintaining accurate financial records, monitoring project-related costs, managing cash flow, preparing financial reports, and ensuring compliance with accounting standards and statutory requirements.

Job Description

• Manage the company’s day-to-day accounting and financial transactions.
• Maintain accurate and up-to-date financial records, ledgers, journals, and supporting documentation.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Monitor and control project budgets, expenses, and financial performance.
• Track project costs and ensure expenses are correctly allocated to the appropriate construction projects.
• Prepare project cost reports and compare actual expenditure against approved budgets.
• Monitor construction material costs, labour expenses, equipment costs, subcontractor charges, and other project-related expenses.
• Prepare and process invoices, receipts, payment vouchers, purchase orders, and other financial documents.
• Manage accounts payable and accounts receivable.
• Verify supplier and subcontractor invoices before processing payments.
• Reconcile supplier, subcontractor, customer, and company accounts.
• Conduct regular bank reconciliations and investigate discrepancies.
• Monitor company cash flow and prepare cash-flow forecasts.
• Work with the procurement team to monitor purchases and ensure proper financial documentation.
• Track payments made to contractors, suppliers, consultants, and service providers.
• Monitor outstanding invoices and follow up on receivables and overdue payments.
• Assist in preparing payroll and ensuring accurate recording of staff salaries, allowances, deductions, and statutory contributions.
• Ensure proper documentation and accounting treatment of construction equipment and fixed assets.
• Monitor petty cash transactions and ensure proper authorization and documentation.
• Assist management with budgeting, forecasting, financial planning, and cost-control initiatives.
• Identify unnecessary expenditure, financial discrepancies, and potential areas of financial risk.
• Prepare financial analysis to support management decision-making.
• Ensure compliance with applicable accounting standards, tax regulations, and statutory requirements.
• Assist with tax computations, filings, audits, and responses to financial queries from regulatory authorities.
• Coordinate with external auditors and provide required financial records and supporting documents.
• Maintain confidentiality and security of the company’s financial information.
• Establish and maintain effective financial controls to minimize errors, fraud, and financial losses.
• Support project managers and management with financial information required for project planning and execution.
• Review contracts and agreements from a financial perspective and identify relevant payment terms and obligations.
• Maintain proper records of project advances, retention amounts, variations, claims, and other construction-related financial transactions.
• Prepare periodic reports on project profitability and financial performance.
• Perform other accounting and financial duties as assigned by management.

Requirements/Skills

• Bachelor’s degree or HND in Accounting, Finance, or a related field.
• Proven years of relevant accounting experience, preferably in a construction, engineering, real estate, or project-based company.
• Strong knowledge of construction accounting, project costing, budgeting, and financial reporting.
• Professional accounting qualification or relevant certification such as ICAN, ACCA, or ACA is an added advantage.
• Proficiency in accounting software such as QuickBooks, Sage, Odoo, or other ERP/accounting systems.
• Strong Microsoft Excel skills, including the ability to prepare financial reports, reconciliations, and cost-analysis spreadsheets.
• Good knowledge of Nigerian tax regulations and statutory financial requirements.
• Strong analytical, numerical, organizational, and problem-solving abilities.
• Excellent attention to detail and accuracy.
• Ability to manage multiple projects, deadlines, and financial responsibilities effectively.
• Strong communication and interpersonal skills.
• High level of integrity, confidentiality, and professionalism.
• Ability to work independently and collaborate effectively with project managers, procurement officers, contractors, suppliers, and management.

Pay: ₦200,000.00 per month

Work Location: In person