Accountant at a Consumer Electronics Company
Anonymous
Category
Accounting/Finance
Qualification
Bachelor
Experience
Senior (3-5 years)
Job Type
Onsite
Location
Lagos
Posted On
3 hours ago
Deadline
No deadline provided
Job Summary
Location: Lagos, On-site
Employment Type: Full-time
Industry: Consumer Electronics
Job Summary
We are seeking a highly analytical and detail-oriented Accountant to manage financial operations for our fast-paced consumer electronics business. The ideal candidate will ensure accurate financial reporting, compliance with tax regulations, and effective cost management in a competitive retail and distribution environment. Experience in inventory accounting and familiarity with the consumer electronics market will be an added advantage.
Key Responsibilities
- Financial Record Keeping & Reporting
- Maintain accurate financial records, including sales, purchases, and inventory transactions.
- Reconcile bank statements and resolve discrepancies promptly.
- Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
- E-Commerce Financial Management & Reconciliation
- Reconcile daily sales transactions across multiple online platforms (Jumia, Konga, Shopify, etc.) with bank deposits and internal records.
- Track and resolve discrepancies in payment gateways (Paystack, Flutterwave, Stripe) and e-wallet transactions.
- Monitor chargebacks, refunds, and failed transactions, ensuring proper accounting treatment.
- Reconcile marketplace payouts with sales records, including commissions, shipping fees, and promotional discounts.
- Inventory & Cost Accounting
- Monitor and analyze inventory costs, pricing strategies, and profit margins.
- Track supplier invoices, discounts, and warranty-related financial adjustments.
- Ensure proper valuation of stock (FIFO/LIFO) and minimize write-offs. Tax & Regulatory Compliance
- Ensure timely filing of VAT, WHT, PAYE, and Company Income Tax (CIT) returns with FIRS and state tax authorities.
- Stay updated on changes in Nigerian tax laws affecting the electronics retail sector.
- Assist in filing annual returns with the Corporate Affairs Commission (CAC). Sales & Revenue Tracking
- Verify sales transactions across multiple channels (retail, wholesale, e-commerce).
- Monitor accounts receivable and follow up on overdue payments from distributors and retailers. Audit & Internal Controls
- Support internal and external audits with proper documentation.
- Implement controls to prevent fraud and financial mismanagement. Budgeting & Financial Analysis
- Assist in budget preparation and variance analysis.
- Provide insights on cost-saving measures and profitability trends. Payroll & Vendor Management
- Process payroll, ensuring compliance with statutory deductions (Pension, NHF).
- Manage supplier payments and negotiate favorable payment terms.
Qualifications & Requirements
Education:
- Bachelor’s degree in accounting, Finance, or related field
- Professional Certification: ICAN or ACCA (or in progress).
Experience:
- Minimum of 5 years in accounting, preferably in retail, distribution, or consumer electronics
Technical Skills:
- Proficiency in Zoho books, Zoho Inventory, QuickBooks, SAP, or other inventory-based accounting software and advanced Excel (PivotTables, VLOOKUP). ➢
Industry Knowledge:
- Understanding of consumer electronics pricing, supply chain finance, and warranty accounting
Soft Skills:
- Strong analytical ability, attention to detail, and problem-solving skills.
Preferred Skills
- Experience with POS systems and e-commerce financial reconciliation
- Knowledge of foreign exchange transactions (for import-dependent electronics businesses).
- Familiarity with Nigerian Customs duties and trade regulations
How to Apply
Application Details: Send CV to jobs@wtg.ng with the subject heading – Accountant Deadline: November 16, 2026 Please note that only shortlisted candidates will be contacted