Accountant

Company overview:

Seinde Signature is a leading name in the world of luxury niche parfums, renowned for its dedication to showcasing and celebrating exclusive fragrances from around the globe. As a world-class fragrance studio, we are passionate about spreading the appreciation of these unique scents, creating an environment where perfume lovers and collectors can explore, experience, and immerse themselves in the world of luxury niche parfums.

Our Experience Studio and retail store, Salon de Parfum, are more than just outlets, they are destinations where the art of perfumery is celebrated. At Seinde Signature, we pride ourselves on offering an unparalleled sensory experience, allowing customers to revel in the beauty and complexity of the finest fragrances the world has to offer.

Job Description:

The Accountant at Seinde Signature will play a vital role in maintaining the financial integrity of the organization. This position is responsible for managing daily accounting tasks, maintaining accurate financial records, preparing reports, and ensuring compliance with regulatory standards. The accountant will support decision-making by providing critical financial insights, enabling efficient and strategic business operations. This role requires strong attention to detail, a proactive attitude toward financial management, and the ability to thrive in a luxury retail and lifestyle environment.

Key Responsibilities

Daily Financial Operations & Bookkeeping

• Record all financial transactions accurately and promptly, including purchases, sales, receipts, and payments across all business channels (retail, online, and events).
• Maintain a comprehensive general ledger and ensure all journal entries are properly categorized and supported by appropriate documentation.
• Oversee the timely reconciliation of cash, bank accounts, and petty cash to maintain alignment between physical cash and accounting records.

2. Accounts Payable & Receivable Management

• Manage the end-to-end process for vendor payments, ensuring accurate entry of supplier invoices, timely approvals, and payment disbursement in accordance with company policies.
• Track customer payments, issue invoices and receipts where applicable, and follow up on outstanding receivables to maintain a healthy cash flow position.
• Maintain an organized schedule of payables and receivables, coordinating with relevant departments to resolve discrepancies and ensure financial commitments are met.

3. Budget Development & Financial Forecasting

• Assist in the preparation and monitoring of annual and quarterly budgets in collaboration with the finance lead and department heads.
• Conduct variance analysis by comparing actual results against budgeted figures, identifying trends, inefficiencies, and opportunities for cost control.
• Provide data-backed insights to management for strategic decision-making, including recommendations for budget adjustments and expense optimization.

4. Inventory Valuation & Sales Reconciliation

• Collaborate with the retail and logistics teams to track movement of inventory and determine accurate stock valuation for accounting purposes.
• Reconcile sales across all platforms such as Shopify, WhatsApp, in-store POS systems, and events, ensuring revenue recognition is accurate and aligned with inventory movement.
• Investigate and resolve inconsistencies in sales, returns, and discounts to maintain clean financial records and improve reporting accuracy.

5. Tax Compliance & Regulatory Filings

• Ensure timely and accurate preparation and filing of statutory returns, including Value Added Tax (VAT), withholding tax, PAYE, and company income tax, in line with Nigerian tax regulations.
• Liaise with tax consultants and regulatory bodies during audits or assessments, ensuring all required documentation is complete, organized, and compliant.
• Maintain up-to-date knowledge of changes in tax laws and regulatory policies to proactively implement any necessary changes to financial practices.

6. Payroll Processing & Staff Financial Administration

• Calculate and process monthly payroll, ensuring salaries, bonuses, and deductions are accurately reflected in both the accounting system and employee pay slips.
• Manage statutory deductions and ensure timely remittance to appropriate government agencies.
• Handle financial documentation for staff benefits, reimbursements, and allowances, ensuring compliance with internal policies and labor laws.

7. Financial Reporting & Analysis

• Prepare detailed monthly management accounts and financial statements, including profit and loss, balance sheet, and cash flow reports.
• Analyze financial data to identify performance trends, cost drivers, and opportunities for revenue growth or margin improvement.
• Create ad hoc financial reports as requested by senior management for strategy, investor relations, or external audit purposes.

8. Technology Utilization

• Ensure seamless integration of financial data from Shopify, POS systems, CRM platforms, and bank feeds into accounting software for efficient reporting.
• Monitor the effectiveness of accounting tools and software in use and recommend upgrades or changes where needed to enhance performance.
• Collaborate with the IT team to troubleshoot system issues affecting financial data flow or transaction accuracy.

Problem Solving

• Proactively address financial challenges, identifying issues and implementing innovative solutions to optimize performance.
• Collaborate with cross-functional teams to resolve complex financial problems, ensuring alignment with business goals and objectives.

Skills & QualificationsEducation

• Bachelors degree in Accounting, Finance, or a related field.
• ICAN/ACCA certification (or in progress) preferred.

Experience

• 3-5 years of accounting experience, preferably in retail, e-commerce, or a luxury/lifestyle brand.
• Experience with accounting software (QuickBooks, Xero, or Sage).
• Familiarity with Shopify, POS systems, and inventory reconciliation is a plus.

Technical & Soft Skills

• Strong knowledge of financial regulations, reporting standards, and tax laws.
• Advanced proficiency in Excel and financial modeling.
• Detail-oriented with strong analytical and problem-solving skills.
• High level of integrity, confidentiality, and professionalism.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaborate in a team environment.

Working Conditions

• Location: Seinde Signature Experience Studio and Salon de Parfum, Oriental Hotel, Victoria Island, Lagos.
• Hours: Full-time position with flexibility, including occasional weekends and holidays, as required.

Job Type: Full-time

Ability to commute/relocate:

• Lagos: Reliably commute or planning to relocate before starting work (Required)

Education:

• Undergraduate (Required)

Experience:

• accounting: 5 years (Required)

Location:

• Lagos (Preferred)

Information :

• Company : Seinde's Signature
• Position : Accountant
• Location : Lagos
• Country : NG