RETAIL & INVENTORY ACCOUNTANT AT PERSIANAS RETAIL LIMITED

About Company:

Persianas Retail Limited (PRL) is a leading retail company in Nigeria that offers an array of fashion and lifestyle products and services to customers across Nigeria. We have built valuable partnerships with renowned brands such asPuma and Lacoste,cementing our reputation as a trusted retail leader. Our extensive distribution channels include physical stores, e-commerce, and Wholesale Distributors.

Job Description:

Inventory Management & Control:

• Track and monitor inventory movement across all retail stores and warehouses.
• Conduct routine and ad hoc audits to verify inventory records, pricing accuracy, and valuation.
• Visit retail stores periodically to perform cash counts and physical inventory verification.
• Investigate variances in inventory levels and reconcile discrepancies.
• Provide inventory-related insights and reports to inform purchasing and operational decisions.

Inventory Reconciliation & Reporting:

• Perform monthly revenue reconciliations across all retail channels.
• Conduct timely and accurate bank reconciliations.
• Prepare and present detailed reconciliation reports, including findings, root cause analysis, and actionable recommendations.
• Investigate unreconciled items, escalate issues as necessary, and follow through on resolution.

Inventory Pricing:

• Maintain up-to-date inventory pricing records, ensuring accuracy in cost and retail price alignment.
• Collaborate with procurement and retail teams to implement approved price changes and margin structures.
• Ensure consistency in pricing across retail platforms and systems (POS, ERP, and reports).
• Analyze cost fluctuations and recommend adjustments to maintain profitability and compliance with company policies.

Stock count exercise – (Monthly, Quarterly, Year-end):

• Maintain up-to-date inventory pricing records, ensuring accuracy in cost and retail price alignment.
• Collaborate with procurement and retail teams to implement approved price changes and margin structures.
• Ensure consistency in pricing across retail platforms and systems (POS, ERP, and reports).
• Analyze cost fluctuations and recommend adjustments to maintain profitability and compliance with company policies.

Audit & Control:

• Conduct store-level and head office audits covering inventory, cash, and cost processes.
• Ensure timely implementation of both internal and external audit recommendations.
• Support the preparation of audit schedules and documentation for statutory audits.

Stakeholder Engagement & Collaboration:

• Collaborate with finance, store operations, and warehouse teams to ensure data accuracy and alignment of inventory records.
• Foster a culture of accountability, ethical conduct, and continuous improvement across the organization.
• Perform any other finance-related duties as assigned by the Line Manager

Requirements:

• Strong understanding of retail financial processes.
• Strong knowledge of inventory costing methods, cost accounting principles, and financial reporting standards.
• Proficiency in Microsoft Excel and accounting software (e.g., Sage, ZohoBooks, or ERP systems).
• Strong analytical, investigative, and problem-solving skills.
• Ability to travel for periodic store visits and physical audits.
• Attention to detail and accuracy.
• Good communication and organizational skills.
• Ability to work independently and as part of a team.
• Strong ethical judgment
• Time management and organizational skills
• Results-oriented mindset
• Ability to work independently and collaboratively
• Proactive approach to identifying and solving issues

Qualifications and Skills:

• Bachelor’s degree or Higher Diploma in Accounting, Finance, or a related field.
• Professional certification (e.g., ICAN, ACCA) is an added advantage.
• 2-3 years' experience in reconciliation and/or internal audit function.

Salary

Application Closing Date: 21st November, 2025

Application Instructions:

Interested and qualified candidates should send their CV to: hr@persianasretail.com using "Application for Retail & Inventory Accountant" as the subject of the mail.