LUBRICANT ACCOUNTANT @ NEPAL GROUP NG
The Lubricant Accountant is a critical role responsible for managing inventory accounting and control across various locations. The ideal candidate will be tasked with ensuring accurate stock reporting, meticulous cost tracking, and perfect alignment between physical inventory and ERP records. This role supports operational efficiency and sound financial decision-making through rigorous daily reconciliation and maintenance of bulk and packed lubricant inventory records. Candidates will be expected to resolve variances promptly and ensure data integrity within the corporate ERP system.
Beyond basic accounting, the successful candidate will manage inventory by SKU, grade, batch, and pack size, while monitoring slow-moving or obsolete items. Key performance indicators involve maintaining inventory valuation according to FIFO principles, tracking associated costs, and monitoring product margins to support pricing and budgeting. The Lubricant Accountant must also collaborate with Operations, Supply Chain, Sales, and Production teams to ensure compliance with regulatory requirements and support internal and external audit processes in an on-site capacity in Lagos.
Beyond basic accounting, the successful candidate will manage inventory by SKU, grade, batch, and pack size, while monitoring slow-moving or obsolete items. Key performance indicators involve maintaining inventory valuation according to FIFO principles, tracking associated costs, and monitoring product margins to support pricing and budgeting. The Lubricant Accountant must also collaborate with Operations, Supply Chain, Sales, and Production teams to ensure compliance with regulatory requirements and support internal and external audit processes in an on-site capacity in Lagos.
Key Requirements
BSc in Accounting, Finance, or related field
Minimum of 5 years’ experience in oil & gas, manufacturing, or FMCG
Strong experience in inventory accounting and reconciliation
Knowledge of product costing and margin analysis
Experience working with ERP systems
A professional qualification (ACA/ACCA) is an added advantage
Cost accounting experience is an added advantage
Ability to maintain accurate records of bulk and packed lubricant inventory
Proficiency in performing daily reconciliations between physical stock and ERP balances
Strong attention to detail and analytical mindset
Ability to manage inventory by SKU, grade, batch, and pack size