FITC is a world-class, innovation-led, technology-driven, knowledge and professional services institute that provides cutting edge Learning, Advisory and Research Services to organizations primarily within the Financial Services Sector across Nigeria and sub-Saharan Africa.
Location: Yaba, Lagos
Employment Type: Full-time
Job Summary
- The Cost Accountant / Financial Analyst will be responsible for providing financial analysis, cost management, budget monitoring, statutory compliance, and financial control support to enhance business performance and decision-making.
- The role will ensure accurate cost allocation, effective budgetary control, timely statutory remittances, financial reporting integrity, and continuous improvement of financial processes and controls.
Key Responsibilities
Cost Accounting & Budget Control:
- Monitor, analyze, and report direct and indirect costs across the organization.
- Maintain accurate cost allocation across departments, projects, products, and activities.
- Track actual expenditure against approved budgets and identify variances and cost overruns.
- Prepare periodic cost and budget performance reports for Management.
- Support cost optimization initiatives and identify opportunities for operational efficiency and cost savings.
- Assist in the preparation, monitoring, and review of annual budgets and forecasts.
Financial Analysis & Reporting:
- Conduct financial analysis to support strategic and operational decision-making.
- Analyze financial trends, variances, and key performance indicators (KPIs).
- Prepare management reports and financial insights to support business performance.
- Develop financial models and analytical reports as required.
- Support month-end, quarter-end, and year-end financial reporting activities.
Financial Controls & Reconciliations:
- Review financial transactions to ensure accuracy, completeness, and compliance with accounting standards and company policies.
- Perform balance sheet reconciliations and general ledger reviews.
- Investigate and resolve reconciliation discrepancies promptly.
- Support the implementation and enhancement of internal financial controls.
- Identify control gaps and recommend process improvements to strengthen financial governance.
Statutory Remittances & Tax Compliance:
- Prepare and process VAT, WHT, PAYE, and other statutory remittances accurately and timely.
- Maintain and monitor the statutory compliance calendar.
- Reconcile statutory liabilities and tax balances with the general ledger.
- Maintain accurate records and supporting documentation for all tax-related transactions.
- Liaise with regulatory authorities and support tax audits, reviews, and compliance assessments.
- Follow up on WHT certificates, tax credits, and related statutory documentation.
Systems & Process Improvement:
- Utilize ERP and accounting systems to support financial reporting and analysis.
- Contribute to process improvement initiatives within the Finance function.
- Ensure data integrity and accuracy across financial systems.
- Support finance automation and reporting enhancement initiatives.
Qualifications & Experience
Education;
- Bachelor’s Degree in Accounting, Finance, Economics, or a related discipline.
Professional Qualification:
- ACA, ACCA, CIMA, or an equivalent professional accounting qualification is preferred.
Experience:
- Minimum of 3–4 years’ relevant experience in:
- Cost Accounting
- Financial Analysis
- Management Accounting
- Budgeting and Financial Reporting
- Statutory Compliance and Tax Administration
Technical Requirements:
- Strong knowledge of accounting principles, financial reporting, and cost accounting methodologies.
- Practical experience in VAT, WHT, PAYE, and statutory tax compliance.
- Experience using ERP or accounting systems such as SAGE, SAP, Oracle, Microsoft Dynamics, or Odoo.
- Advanced Microsoft Excel skills, including:
- Pivot Tables
- VLOOKUP/XLOOKUP
- Financial Modelling
- Data Analysis and Reporting.
Application Closing Date
10th September, 2026.
How to Apply
Interested and qualified candidates should send their CV and relevant certifications to: [email protected] using “Cost Accountant / Financial Analyst Application” as the subject of the mail.
Note
- Shortlisting will be on a rolling basis
- Only qualified candidates will be contacted.
