Rainoil Limited is a dynamic energy company recognised for safe and sustainable operations across the downstream sector of the oil and gas industry.

Specializing in the bulk storage, retail and distribution of petroleum products, our facilities include 3 ultra-modern bulk storage terminals in Lagos, Delta and Cross River State, over 190 retail stations and a fleet of over 400 distribution trucks. Established with a commitment to delivering high-quality fuel and energy solutions in Nigeria, Rainoil has grown to become a trusted name in the industry.

Job Title: Account Executive

Location: Lekki, Lagos
Employment Type: Full-time

Responsibilities

• Handles all general accounting tasks, including reconciling and maintaining balance sheet accounts and general ledger administration (by updating the accounting application with transactions as they occur), preparing journal entries, preparing monthly closing and financial reports, bank reconciliation.
• Validation of transactions and verification of their impact on the accounts.
• Support to ensure timely and accurate periodic closure of accounts (monthly/yearly), and submission of reports to the Finance Manager as per reporting timelines.
• Ensure accounts receivable and payable activities (especially with depots and commercial sales) are performed accurately and timely.
• Documents and updates record of all fixed assets to ensure assets are properly valued, accounted for, and safeguarded.
• Computes direct expenses as well as proper booking of all expenses.
• Identify and resolve invoicing issues, accounting discrepancies and other financial related issues.
• Support Preparation and Coordination of Financial Audit.
• Ensure timely and effective follow up of all audit observations and recommendations.
• Computes and remits various deductibles e.g., Pension funds, PAYE.
• Prepares periodic financial reports and other financial documents as required.
• Proper and complete documentation and filing/storing for easy retrieval of all accounting related documents.
• Evaluating internal control systems and providing necessary suggestions.
• Perform other duties as required by the Head, financial accounts, and the Direct Supervisor.

Qualifications

• Completion of Bachelor’s Degree in Accounting or Finance.
• Relevant professional certification e.g., Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) is an advantage.
• Minimum of 3-year work experience in the Finance/ Treasury/ Accounts function in a similar organization

Application Closing Date
27th June, 2025.