Account Officer at Larry Bakery

Larry Bakery, a Bakery specilizing in patries, is recruiting suitably qualified candidates to fill the position below:

Job Title: Account Officer

Location: Owode Onirin, Lagos
Employment Type: Full-time
Reports To: Bakery owner

Job Overview

• The Account Officer will be responsible for overseeing all financial transactions within the bakery.
• This includes maintaining accurate financial records, preparing financial statements, handling accounts payable and receivable, and ensuring the smooth flow of financial processes in the bakery’s operations.

Key Responsibilities

• Financial Record Keeping:

  • Maintain accurate and up-to-date accounting records for all bakery transactions.
  • Ensure all sales, purchases, and expenses are properly recorded.
  • Reconcile daily sales and cash deposits with financial records.

• Accounts Payable & Receivable:

  • Process invoices and ensure timely payments to suppliers and vendors.
  • Follow up on outstanding customer payments and maintain an up-to-date receivables ledger.
  • Monitor customer credit limits and ensure timely collection.

• Financial Reporting:

  • Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements.
  • Assist in budget preparation and monitor actual performance against budget.

• Tax Compliance:

  • Ensure compliance with local tax regulations and handle VAT/GST filings if applicable.
  • Prepare and file any required tax returns and reports.

• Payroll:

  • Assist with payroll processing, ensuring employees are paid accurately and on time.
  • Maintain records of employee deductions and benefits.

• Inventory Management:

  • Track inventory levels, including raw materials and finished products.
  • Monitor and record any discrepancies in inventory counts and report issues promptly.

• Bank Reconciliation:

  • Reconcile the bakery’s bank accounts and credit card statements monthly.
  • Ensure all transactions align with accounting records and resolve any discrepancies.

• Audit Support:

  • Assist with internal and external audits as required.
  • Provide requested financial documentation and support the audit process.

• Customer Service:

  • Address any financial inquiries from customers, vendors, or staff promptly and professionally.
  • Assist the management team in cost-saving initiatives and financial decision-making.

Qualifications

• A Degree in Accounting, Finance, or a related field.
• Previous experience in accounting or bookkeeping, preferably in the food or retail industry.
• Strong knowledge of accounting principles and software (QuickBooks, Xero, or similar).
• Excellent organizational and analytical skills.
• Strong attention to detail and ability to work under pressure.
• Good communication skills and the ability to work effectively with the bakery team.

Desired Traits:

• Ability to multitask and manage time effectively in a fast-paced environment.
• Problem-solving attitude and proactive in addressing financial issues.
• Team player with a positive attitude and strong work ethic.

Salary
N70,000 monthly.

Application Closing Date
3rd February 2025.

How to Apply
Interested and qualified candidates should submit their CV and a Cover Letter to: [email protected] using the Job Title as the subject of the email.