June 13, 2019
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Ascentech Services Limited is recruiting for fulltime Factory Accountant.

Job Details

Ascentech Services Limited is a full-fledged Human Resource Solution Provider incorporated in 2013 with its Head Office in Lagos, Nigeria. We are committed to forging long-term partnerships with our clients by creating and delivering robust and flexible services that address the changing needs of their business.

We are recruiting to fill the position below:

Job Title: Factory Accountant


Job Summary

  • The Factory Accountant will use knowledge and accounting principles to plan and coordinate inventory control measures.
  • S/he will present monthly actual and forecast expenditures, prepare budget plans, develop and modify record-keeping and accounting systems, track cost reductions, and ensure operations are in compliance with government regulations.
  • S/he will also analyze costs and overhead, such as raw materials for making products, manage inventory, and also monitor purchase orders and fixed assets within the company.


  • Evaluate and maintain accuracy of general ledger.
  • Reconcile all accounts within required timeframe and prepare all monthly bank reports.
  • Analyze all financial records and assist consolidate financial statements.
  • Ensure compliance to all local, state and Federal regulations, and oversee all payroll and account payable and receivable functions.
  • Administer all attendance programs for all employees.
  • Assist factory supervisors to manage all disciplinary activities.
  • Maintain records for all factory activities and assist to recruit all required staff.
  • Provide required training to all staff and perform regular credit checks on all customers and sales managements.
  • Provide appropriate employee benefit programs.
  • Prepare all required correspondence and maintain all accounting files on computer and ensure accuracy of same.
  • Administer and reconcile all system account on monthly basis and manage all cash disbursement issues.
  • Maintain accuracy for same and perform audit on all annual budget processes.
  • Monitor all petty cash for factory and manage all everyday disbursements.
  • Identify all appropriate systems and procedures to maintain efficiency of all financial information.
  • Evaluate all factory documents and ensure compliance to federal and state laws.
  • Recommend strategies to Line Manager and maintain knowledge on all current trends and provide training to all accounting and benefit regulations.


Job Requirements

Min Required Experience:

7 year(s)

Min Qualification:

Bachelor's Degree/HND

Desired Courses:

Not Specified

Other Requirements:

Education, Essential Skills & General Requirements

  • B.Sc/HND in Accounting, Finance, Business Administration or a related field
  • Solid knowledge and understanding of accounting principles, processes, policies, and global accounting standards
  • A minimum of 7 years’ experience in a related position
  • Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel)
  • Proficient in the use of at least one Accounting ERP software
  • Ability to analyze problems and strategize for better solutions
  • Ability to negotiate, establish, and administer contracts
  • Ability to prepare accounting financial statements
  • Excellent verbal and written communication skills
  • Ability to multitask, prioritize, and manage time efficiently
  • Accurate and precise attention to detail
  • Ability to work well with management and staff at all levels
  • Goal-oriented, organized team player

How to Apply
Interested and qualified candidates should send their CV to: cv@ascentech.com.ng stating the position applied as the subject of the mail.

Note: Only shortlisted candidates will be contacted.

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