Lubes Account Officer

• Inventory
  Accounting & Control:
  Maintain accurate records for bulk and packed lubricants across multiple
  warehouses and distribution points.
  
• Stock Reconciliation &
  Variance Management:
  Perform daily, weekly, and month -end stock reconciliations between physical
  counts and ERP balances.
  

o   Investigate
variances (production losses, handling losses, pilferage) and escalate
unresolved issues promptly.

o   Track
and report stock losses against approved thresholds.

• Product Costing &
  Production analysis:
  Compute and maintain standard and actual product costs (base oil,
  additives, packaging, blending, logistics).
  

o   Analyze
production variances and yield losses to support operational efficiency.

o   Support
periodic review of cost assumptions and bill of materials (BOM).

• Margin
  & Forecasting Analysis:
  Monitor product profit margins and prepare cost performance reports to support
  management in pricing and budgeting decisions.
  

• Sales Reconciliation: Review and reconcile
  lubricant sales transactions across various channels to ensure all revenue
  is accurately captured and posted.
  
• Receivables Management: Monitor customer balances
  and support the follow -up of outstanding receivables to ensure healthy
  cash flow.
  
• Compliance & Financial
  Reporting:
  Prepare periodic financial reports on sales and stock positions, ensuring
  all records comply with regulatory standards and supporting annual audit
  processes. 
  
• Data Integrity: Ensuring the accuracy and
  completeness of all inventory and financial data within the company’s ERP
  system.
  
• Stock Loss Control: Monitoring and
  controlling stock losses to ensure they stay within approved company
  thresholds.
  
• Valuation Accuracy: Ensuring lubricant
  inventory valuation aligns with established principles, such as FIFO
  (First -In, First -Out).
  
• Audit Readiness: Maintaining meticulous
  documentation of all transactions to facilitate smooth internal and
  external audits.
  

Requirements

QUALIFICATION
AND SKILL REQUIREMENTS

• Bachelor's
  degree in Finance, Accounting, or a related field.
  
• Professional
  qualification such as ACCA/ICAN or equivalent - completed or in progress
  
• 1 -3 years of experience in accounting roles within the oil and gas, retail
  manufacturing, or FMCG (Fast -Moving Consumer Goods) sectors.
  
• Strong
  understanding of inventory accounting and cost control
  
• Analytical
  mindset with the ability to detect anomalies and leakages
  
• Proficiency
  in ERP systems (SAP, Oracle, or similar) and Excel
  
• High
  attention to detail and strong reconciliation skills
  
• Ability
  to work in a fast -paced, operational environment
  
• Good
  stakeholder management (operations, depot staff, commercial teams)
  
• Interested candidates must reside in Warri, Delta State.