Accountant at COISCO

COISCO is an indigenous oil and gas company with operations in the downstream sector. It was fully incoporated as a Limited Liability Company in 2006 and full operations started in December 2007 believable.

Passion, grit and leadership are at the core of our operations at COISCO Integrated Resources and Petroleum Limited. Read more about this company Accountant Job Type Full Time Qualification BA/BSc/HND Experience 10 - 15 years Location Imo Job Field Finance / Accounting / Audit   Role Summary We are seeking an Accountant who will be responsible for managing the company’s day-to-day accounting operations, ensuring accurate financial reporting, maintaining internal controls, monitoring station revenues, reconciling transactions, and supporting management with timely financial insights for decision-making. The ideal candidate must be analytical, highly accurate, commercially aware, and experienced in handling accounting functions within a retail, oil & gas, or fast-paced operational environment. Key Responsibilities Financial Reporting & Accounting: Maintain accurate accounting records for all business transactions. Prepare daily, weekly, and monthly financial reports across stations and business operations. Prepare monthly management accounts, profit and loss reports, and balance sheet schedules. Post journal entries and maintain the general ledger. Assist with month-end and year-end closing activities. Cash Management & Reconciliation: Monitor daily station sales, deposits, transfers, and remittances. Reconcile cash, POS transactions, bank lodgements, and fuel sales records. Perform daily and monthly bank reconciliations. Investigate and resolve discrepancies in cash balances, station returns, or accounting records. Ensure proper documentation of all receipts and payments. Accounts Payable & Receivable: Process vendor payments and maintain supplier ledgers. Reconcile supplier statements and follow up on discrepancies. Track receivables, outstanding balances, and customer accounts where applicable. Maintain payment schedules and ensure timely settlement of obligations. Inventory & Operational Controls: Reconcile fuel stock against sales and tank readings. Monitor inventory movement for PMS, AGO, DPK, lubricants, and non-fuel products. Support periodic stock counts and physical verification exercises. Review variances in stock, fuel discharge, or sales reports and escalate findings. Strengthen controls to minimize leakages, fraud, and operational losses. Payroll, Tax & Compliance: Support payroll preparation and related staff financial documentation. Ensure timely remittance of statutory deductions including PAYE, pension, VAT, and withholding tax where applicable. Maintain proper accounting documentation for audits and regulatory compliance. Support internal and external audit exercises. Analysis & Decision Support: Prepare financial analysis on station profitability, margins, costs, and performance trends. Track expenses and budget performance across stations. Provide management with financial insights to support business planning and operational decisions. Recommend cost-saving opportunities and process improvements. Requirements Education: Minimum of HND or Bachelor’s Degree in Accounting, Finance, Economics, or related discipline. Experience: Minimum of 10– 15 years’ relevant accounting experience, preferably in: Oil & Gas / Downstream Retail Filling station operations Retail accounting FMCG or multi-location operations Required Skills & Competencies: Strong knowledge of accounting principles and financial reporting Experience with bank reconciliation and cash management Strong understanding of inventory accounting and stock reconciliation High proficiency in Microsoft Excel Familiarity with accounting software/ERP systems Excellent analytical and numerical ability Strong attention to detail and accuracy High level of integrity and confidentiality Good reporting and documentation skills Ability to work independently and meet deadlines Preferred Qualities: Experience managing multi-location retail accounting Ability to work in a fast-paced operational environment Strong problem-solving ability Commercial awareness and business-minded approach Excellent communication and interpersonal skills. Check how your CV aligns with this job Method of Application Interested and qualified candidates should send their CV to: [Click the Apply button below to see the contact details] or [Click the Apply button below to see the contact details] using "Accountant Application" as the subject of the mail. Build your CV for free. Download in different templates.

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