Branch Accountant at SIMS Nigeria Limited

Job Title: Branch Accountant

Job Description

• As a Branch Accountant, you will play a pivotal role in managing and overseeing financial transactions, ensuring compliance, and supporting the branch’s financial health. 
• You will work closely with branch managers and the central accounting team, contributing to financial planning, budgeting, and reporting processes.

Core Responsibilities Include

• Manage day-to-day accounting operations for the branch, including accounts payable and receivable, payroll, and general ledger entries.
• Prepare accurate and timely financial statements, including monthly, quarterly, and annual reports.
• Conduct regular audits to ensure compliance with company policies and financial regulations.
• Reconcile bank accounts, monitor cash flow, and prepare balance sheets.
• Assist in budget preparation and financial forecasting.
• Liaise with branch management and central accounting team to analyze financial data and support business decisions.
• Ensure compliance with tax, legal, and regulatory requirements at the branch level.
• Identify and implement process improvements to increase efficiency and accuracy in financial reporting.
• Counting of stock (weekly, monthly, quarterly), stock reconciliation and sign off. Daily recounting of stock
• Preparation of daily sales report and reconciling with cashier and storekeeper registers
• Monitoring of cash lodgments and other deposits to bank
• Preparation of monthly bank scheme and bank promo report to head office finance for credit note in favour of the branch
• Confirmation of lto and lti issued and weekly sign off by accountant, storekeeper and manager
• Preparation of monthly bank reconciliation for various banks and flagging of lodgments not credited by customers or to suppliers.
• Preparation of branch monthly payroll
• Weekly preparation of imprest and imprest analysis report
• Make audit returns – sales invoices, receipts, payment vouchers, tellers, etc.
  Monthly preparation of the following:
• Schedule of goods returned to cwh with grn confirmations received & including lti
• Interbranch supply – confirm that credits have been received by all branches releasing goods
• Maintenance and report on inter branch/head office current accounts to head office finance
• Confirmation of goods received from central warehouse or from hub warehouses
• Weekly stock count reconciliation and report submitted to audit, signed off by accountant and storekeeper
• Monthly preparation of grn and the schedules for local purchases sent to audit.

Required Experience / Qualifications

• Minimum of 2nd Class Degree in B.Sc. / HND in Finance, Accounting or any other related field (Membership of a recognized professional body i.e. ICAN, ACCA will be an added advantage)
• Minimum of 3 years’ experience in a similar role.

Application Instructions:

The application deadline is 4th March, 2025. Qualified and interested candidates should send their updated Resume to: [email protected] using the Job Title as the subject of the email.

Note: Only qualified candidates will be contacted. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Official Website: https://simsng.com