Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK).

We are recruiting to fill the position below:

Job Title: Account Officer

Location: Lagos
Job Type: Full time

Description

• Handles all aspects of assigned bookkeeping activities such as reconciliations, journals and nominal ledger administration by updating the accounting application with transactions as they occur
• Executes measures to ensure that the company’s receivables are effectively monitored and are kept to the minimum
• Processes cash book transactions and prepares bank reconciliation
• Documents and updates records 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
• Monitors of Rainoil’s budget by performance evaluation and analysis of variances
• Manages invoices with respect to truck activities
• Prepares of the year end performance report showing the closing balances for assets, liabilities, cash and stock.
• Prepares periodic accounts as well as the group’s statement of financial position at the end of the financial year.

Responsibilities

• Handles all aspects of assigned bookkeeping activities such as reconciliations, journals and nominal ledger administration by updating the accounting application with transactions as they occur
• Executes measures to ensure that the company’s receivables are effectively monitored and are kept to the minimum
• Processes cash book transactions and prepares bank reconciliation
• Documents and updates records 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
• Monitors of Rainoil’s budget by performance evaluation and analysis of variances
• Manages invoices with respect to truck activities
• Prepares of the year end performance report showing the closing balances for assets, liabilities, cash and stock.
• Prepares periodic accounts as well as the group’s statement of financial position at the end of the financial year.

Requirements

• Minimum of Bachelor’s Degree / HND in Finance/ Accounting or any related discipline
• Relevant professional certification e.g. Chartered Accountants of Nigeria (ICAN),Association of Certified and Chartered Accountants (ACCA) is an advantage
• Minimum of 5 years’ work experience in the Finance/ Treasury/ Accounts function in a similar organization.

Application Closing Date
28th February, 2025.