Job Vacancy Accounts Manager at Transmed in Nigeria Feb 2017


Employment Vacancy Accounts Manager at Transmed in Nigeria Feb 2017


Career Opportunity Accounts Manager at Transmed in Nigeria Feb 2017

Transmed is established in Lebanon since 1946, Transmed focused on the distribution of a very extensive range of Household and Personal Care Products from Procter & Gamble and Clorox. In parallel Transmed developed Food products distribution starting with Mars confectionery range, and expanding it throughout the years as well as many other brands.

Transmed has a well-established Food service operation, and offers a large selection of premium products and ingredients coupled with a customer centric service, making it a major player in supplying a wide range of restaurants and hospitality customers across its markets.

Job Title: Accounts Manager 


  • Ensure timely, accurate and complete accounting by BU in line with Nigerian law and International Accounting Standards in order to reflect an accurate, true and consistent financial situation
  • Review statements of accounts monthly to ensure that the outstanding balances are justified and no unjustifiable numbers.
  • Maintain the chart of accounts and make sure that codification of expense accounts is being channeled to appropriate accounts.
  • Month end closing operation
  • Ensure adequate planning, preparation and delivery of auditor’s requirement in order to achieve a clean interim and annual audit reports.
  • Control over cash/cheques
  • Carry monthly audits on cash on hand with cashiers in different locations to ensure strict compliance with Cash disbursement policies and procedures.
  • Exercise controls as per SOPs and through personal initiative over all GL transactions to ensure that only properly authorized and supported transactions are processed
  • Monitor payables to ensure that suppliers are paid on time as per agreed payment terms
  • Monitor receivables from both the trade and our suppliers ensuring there are no overdue
  • Issue accurate debit notes for approved activities on our suppliers-provide accurate and timely POPs
  • Ensure full reconciliation of the customers’ accounts. Control overdue from the trade and agree with CBD team on actions to collect promptly
  • Prepare the physical stock count 2 times a year for all warehouses to ensure that company’s inventory is accurate with minimum discrepancies.
  • Ad hoc cyclical count
  • Prepare yearly prepayments at the beginning of the year and extract the expenses on a monthly basis.
  • Reconcile the accounts & ensure that there are no improper transactions and all entries are appropriately accounted.
  • Follow up on insurance policies, ensure all are renewed before expiry date and inform his/her manager.
  • Prepare regularly the VAT declaration, yearly Income Tax, Social Security, PAYE and all other taxes to declare to authorities on time and accurately.


  • University Graduate minimum B.B.A.- a CPA/CMA is an advantage
  • Minimum 7 years experience in Senior Accounting Role.
  • Well knowledgeable with inventory control, banking procedures, warehousing and logistics procedures as well as familiar with ERP
  • Strong knowledge of English is required
  • Strong competency on MS Excel is required
  • Deep knowledge of IFRS and local statutory requirements including tax matters

Location: Lagos

Closing Date
Not Specified