Accountant

Recruitment and HR Services - Our client is a reputable and fast-growing pharmaceutical company committed to improving healthcare delivery through quality drugs and medical products.

They are recruiting to fill the position below:

Job Title: Accountant (Pharmaceutical)

Location: Amuwo, Lagos
Employment Type: Full-time

Job Summary

• The Accountant will be responsible for maintaining accurate financial records, ensuring regulatory compliance, and providing timely financial information to support business decisions within the pharmaceutical industry.

Key Responsibilities
Cost Accounting & Inventory Management:

• Batch Costing & Yield Analysis: Track and analyze manufacturing costs for finished pharmaceutical products, active pharmaceutical ingredients (APIs), and packaging materials.
• Inventory Valuation & Control: Oversee standard costing models, variance analysis (materials, labor, overhead), and manage adjustments for slow-moving, near-expiry, or damaged stock in compliance with Good Manufacturing Practice (GMP) guidelines.
• Rebate & Gross-to-Net (GTN) Accounting: Manage complex GTN revenue adjustments including distributor discounts, wholesaler chargebacks, returns, and volume rebates.

Financial Reporting & Month-End Close:

• Lead month-end, quarter-end, and year-end closing activities, preparing accurate financial statements in accordance with IFRS or local GAAP.
• Perform balance sheet reconciliations, journal entries, and complex accruals (e.g., clinical trials, R&D expenses, regulatory registration fees).
• Manage variance reporting comparing actual financial performance against budgets and forecasts for management review.

Statutory Compliance, Audit & Tax:

• Oversee corporate tax compliance, Value Added Tax (VAT), withholding tax, and import/export duty documentation for pharmaceutical shipments.
• Serve as the primary point of contact for internal and external auditors during annual audits.
• Ensure strict adherence to internal controls, SOX (if applicable), and industry-specific financial regulations.

Financial Planing and Analysis (FP&A) Support:

• Collaborate with supply chain, plant operations, and commercial sales teams to prepare operational budgets and rolling forecasts.
• Evaluate capital expenditures (CapEx) for plant machinery, lab equipment, or facility upgrades.
• Analyze product margin profitability across therapeutic lines, distribution channels, and customer tiers.

Requirements & Qualifications

• BSc/HND in Accounting, Finance, or related discipline ACA (Non-negotiable)
• ACCA, or ICAN qualification is an added advantage
• 5-7years post-NYSC experience, with at least 3year in a pharmaceutical, FMCG, or manufacturing company
• Proficiency in accounting software: Sage, QuickBooks, SAP, or Navision. Advanced Excel is a must
• Sound knowledge of IFRS, tax laws, and inventory costing methods
• High level of integrity, confidentiality, and attention to detail
• Ability to work under pressure and meet deadlines.

Salary
N500,000 - N650,000 per month.