Regulatory Accountant in Lagos, Nigeria

Manufacturing / Production
Manufacturing / Production
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

Zamil Industry and Transport is a prominent business conglomerate in the Kingdom of Saudi Arabia and looking to expand in Nigeria. The company is a one stop shop for late-stage housing development needs, including the manufacture and distribution of water pumps, tanks, pipes, automatic doors and contracting.

The company requires a regulatory accountant to carry out the following roles:
• Interface with  External Auditors, Regulators, International and Nigerian Accounting Standards Boards on proper accounting policy and controls as required by all stakeholders
• Interface with business units on new products and services and business decisions to achieve alignment with accounting standards and policies
• Involve in-depth research into contemporary accounting issues
• Maintain accounting manual and ensure this is in compliance with IFRS, Nigerian GAAP and actual practices.
• Participate in regular internal and external workshops/training regarding accounting issues and practices.
 Assist in developing efficient and effective reporting mechanisms to support improved business and systems processes.
• Develop new methodologies to continuously improve and enhance business and systems processes and effectiveness.
• Keep abreast of Saudi Arabian GAAP and International Accounting Standards and IFRS.
• Develop creative systems integration solutions to enhance processes and improve productivity.
• Develop proactive methodologies for conducting system troubleshooting and business process flow
• Refining professional practices and ensuring systems and practices are the best available
 Keeping abreast of rapidly growing array of financial services and products
 Awareness and sensitivity to local conditions
 Balance between being sensitive to technical evaluations of needs of particular cases and resource implications for unit as a whole
 Balance of attention between continuity and change
 Inadequate support from various departments
 Budgetary constraints
• Strong dependence on ERP system developed by vendors.
• Obsolete technology
• Technical Support from Suppliers
• Bureaucratic process, procedures and implementation of new financial systems


• BSc Accounting or related subjects. (Alternatively a university degree plus 2 years audit experience)
• Professional Accounting Qualification (ICAN,ACCA etc)

Minimum 4 years experience spanning the following:
 1 years experience handling complex IFRS/IAS/SAS issues at an internationally affiliated audit firm.
 2 years finance experience within a telecommunication environment.
 1 years experience in a Financial Management capacity or 2 years audit experience.
 Process reengineering project experience

• Highly computer literate
• Project management course

Skills / physical competencies:
 Expert in financial & accounting practices, policies and procedures
 High level of numeracy
 Attention to detail, approaches work in meticulous, thorough and detailed manner
 Basic legal understanding and interpretation.
• Excellent problem solving and analytical abilities, Logical thinking
• Excellent verbal and written communication skills, ability to communicate at all levels and explain financial information clearly to non-financial staff
• Good time management skills and ability to prioritise conflicting demands within a busy schedule
• Excellent administration skills, organizational and IT skills
• Good interpersonal skills

Behavioural qualities:
• Integrity.
• Assertive
• Innovative
• Possesses and demonstrates positive can do attitude
• Inquisitive
• Persuasive
• Confident
• Decisive
• Effective team Player and leader
• Proactive
• Attention to detail
• Ability to work under pressure

Interested applicants should send CVs and application to

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