Location: Lolly Kitchen Affairs (Victoria Island, Lagos)
Job Summary:
The Account Officer will oversee financial operations for Lolly Kitchenâs fast-paced restaurant environment. This includes managing daily sales reconciliations, vendor payments, payroll support, and ensuring compliance with QSR-specific financial standards. The role ensures smooth cash flow and accurate reporting to support growth and efficiency.
? Key Responsibilities:
⢠Record and reconcile daily sales transactions from POS systems and cash registers.
⢠Track and manage inventory purchases and vendor invoices.
⢠Monitor cash handling procedures and ensure deposits are made daily.
⢠Prepare weekly and monthly financial reports for management.
⢠Support payroll processing and staff expense claims.
⢠Ensure compliance with tax regulations and food industry accounting standards.
⢠Liaise with suppliers, banks, and auditors when required.
? Key Performance Indicators (KPIs):
⢠Daily Sales Reconciliation: 100% of POS and cash reconciled by next business day.
⢠Vendor Payments: 95% of supplier invoices settled within agreed terms.
⢠Cash Handling Accuracy: 2% variance between reported and actual cash deposits.
⢠Reporting Timeliness: Weekly reports delivered within 3 days of week-end; monthly reports within 5 days of month-end.
⢠Inventory Cost Tracking: Maintain 5% variance between recorded and actual stock purchases.
⢠Compliance: Zero tax penalties or regulatory breaches.
⢠Audit Readiness:
Requirements
⢠HND/B.Sc. in Accounting, Finance, Economics, or related field.
⢠Minimum of 2 years accounting experience.
⢠Proficiency in Microsoft Excel a
⢠High level of integrity and attention to detail.
⢠Proficiency in accounting software (e.g., QuickBooks, Zoho books, or similar)