Accounts Analyst at Neveah Limited

Neveah Limited is a leading commodities trading company located in Abuja, Nigeria which deals in Base Metals, Minor Metals, and Agro Commodities.

We are recruiting to fill the position below:

Job Title: Accounts Analyst

Location: Abuja (FCT)
Employment Type: Full-time
Industry: Commodity Trading (Wholesale), Export & Manufacturing
Department: Finance
Job Field: Finance / Accounting
ReportTo: Head of Accounts

Job Overview

• The Accounts Analyst will be responsible for supporting the finance team with accounting tasks, financial analysis, and reporting.
• This position plays a critical role in ensuring the accuracy and timeliness of financial information, helping to drive informed decision-making within a fast-paced commodity trading and manufacturing environment.
• The ideal candidate should have a strong grasp of financial principles, analytical thinking, and experience in accounting, especially within the commodity sector.

Key Responsibilities
Financial Reporting & Analysis:

• Prepare, analyze, and report monthly, quarterly, and annual financial statements.
• Assist in the preparation of financial forecasts, variance analysis, and trend reports for management review.
• Generate commodity-specific financial reports, including profit margins, cost analysis, and pricing trends.

Accounting Functions:

• Ensure the accuracy and completeness of all financial transactions and journal entries in line with GAAP and IFRS standards.
• Assist in the month-end and year-end close processes, including balance sheet reconciliations and P&L review.
• Support accounts payable and receivable processes, ensuring timely payments and collections.

Cost Accounting & Budgeting:

• Work closely with operations to analyze and monitor production costs, overhead allocations, and inventory valuations.
• Support the budgeting and forecasting process by analyzing commodity price trends, cost drivers, and financial risks.
• Assist with inventory accounting and reconcile variances between physical stock and financial records.

Commodity Trading Support:

• Analyze market trends and commodity price movements to assist the trading team with financial implications.
• Monitor and assess the financial performance of trading contracts and transactions.
• Assist in the preparation of reports on hedging strategies, risk management, and trade profitability.

Compliance & Audit:

• Ensure compliance with company policies, accounting standards, and relevant financial regulations.
• Prepare for internal and external audits by providing necessary documentation and supporting schedules.
• Assist in identifying and implementing process improvements to ensure operational efficiency.

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial reporting.
• Variance between forecasted and actual financial performance.
• Efficiency in closing month-end and year-end accounts.
• Inventory accuracy and cost control.

Key Requirements
Education:

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
• Professional certifications (e.g., ACCA, ICAN, CFA) or progress toward them is compulsory.

Experience:

• 3-5 years of experience in accounting, financial analysis, or a similar role within the commodity trading or manufacturing industry.
• Experience with cost accounting, inventory management, or pricing analysis is highly desirable.

Technical Skills:

• Strong proficiency in accounting software (e.g., SAP, QuickBooks, Microsoft Dynamics).
• Advanced Excel skills for data analysis (e.g., Pivot Tables, VLOOKUP, and financial modeling).
• Familiarity with financial reporting standards (GAAP/IFRS).

Soft Skills:

• Strong analytical and problem-solving skills with keen attention to detail.
• Excellent communication skills and ability to collaborate across departments.
• Ability to manage multiple priorities in a fast-paced environment.

Application Closing Date
20th September, 2024.

Method of Application
Interested candidates should submit their resume and cover letter to: [email protected] using "Accounts Analyst Application – [Their Name]" as the subject of the mail.