Graduate Financial Accountant Position at Graceco Limited

Graceco Limited is a food processing and manufacturing company with specialty in consumer goods and the production of input for bakers and the confectionery industries. Graceco is a leader in confectioneries and bakers’ items. Our success is powered by our world-class team of highly engaged and committed staff. At Graceco you will have the opportunity to thrive in a fast-paced, strategic environment where bold, innovative thinking isn’t just welcomed, it’s encouraged. Across all functions, we relish the opportunity to help our people fulfil their potential. Our rapid expanding business means plenty of opportunities to step into the spotlight and acquire life time experience.

We’re looking for highly motivated employees who bring their all to work every day. We have a high-productivity and high-engagement culture that’s not for anyone seeking a comfort zone. If you’re ready to rock, we’re the place for you.

We are recruiting to fill the position below:

Job Title: Financial Accountant

Location: Alagbado, Lagos
Reporting to: Senior Accountant
Supervising: None
Working hours: Between 7:30am-5pm Mondays to Fridays and 8:30am-3pm on Saturdays.

Job Summary

  • Oversee the accuracy of customers’ ledgers
  • Conversion of company’s Purchase Orders to Invoices
  • Credit Control and Age of Debt analysis
  • Participate in preparing periodic performance reports both for management and statutory purposes.

Detailed Job Description

  • Oversee the accuracy of customers’ ledgers
  • Ensure customers’ ledgers are properly and timely reconciled.
  • All monthly Sales Commission for customers must be received and posted by the 4th day of the subsequent month after approval by the Senior Accountant.
  • Send statements to customers by the last working day of the month.
  • Conversion of company’s Purchase Orders to Invoices
  • Ensure all cleared company Purchase Orders (PO) from receiving department are converted to Purchase Invoices within 24hours, after verifying the attached supplier’s Invoice also represents the Price and specification as approved on PO.
  • Generate a weekly report on purchase orders that have been received beyond 48hours without submission for invoicing and track their status with Receiving Department.
  • Credit Control and Age of debt analysis
  • Implement the guidelines on customer credit management as highlighted in company’s Credit Policy document.
  • Daily generate age of debt analysis report and flag customers who have exceeded their credit days. These should be forwarded to the Senior Accountant for Authorisation for their immediate deactivation as credit customers.
  • Participate in preparing periodic performance reports both for management and statutory purposes.
  • Generate monthly revenue report in the format prescribed by the Senior Accountant no later than 48hours after the conclusion of the Cashbook/Bank balance reconciliation.
  • Assist in the preparation of the quarterly management reports and end of the year financial statements.
  • Provide financial data as requested by management or other departments on demand.
  • Any other task assigned by management.

Working Tools:

  • Companies and Allied Matters Act CAP C20 LFN 2004
  • Financial Reporting Council of Nigeria Act, 2011
  • International Financial Reporting Standards (IFRS) as published by IASB
  • Pensions Reforms Act 2014
  • Nigerian Tax Laws
  • Standard Operating Procedure (SOP) Manual.

Requisite Qualifications/Experience

  • Degree in Accounting or Finance
  • Minimum of 1-3 years’ experience in similar position
  • Relevant certification; ACCA, ICAN, etc.

Required Skills/Attributes:

  • Good oral and written communication skills
  • Good team player
  • Good interpersonal and people management skills and negotiating skills
  • Strong sense of professionalism, integrity, sound judgment and tact
  • Possess excellent interpersonal skill; self- motivated
  • High proactive
  • Good understanding of ERPNext.

READ ALSO: Erisco Foods Limited Empowerment Project Recruitment 2019

Application Closing Date
21st November, 2018.

Method of Application

Interested and qualified candidates should send their CV to: The subject of the mail should be “Financial Accountant”.

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