Rainoil Limited is a leading downstream oil marketing company; primary products which include (PMS), Diesel (AGO) and Kerosene (DPK). Rainoil Limited was incorporated in November 1994, commencing operations in May 1997. In 1999, Rainoil Limited acquired its first service station. Rainoil’s operations currently span across the downstream value chain i.e. Tank Farm Storage, Petroleum Product Haulage/Distribution and Bulk/Retail Sales Operations. : From one service station, the company’s assets/facilities have grown over the last 17 years to include: • An ultra-modern multi-product storage depot with a combined capacity of 50 million litres in Oghara, Delta State; with a proximally located, exclusive Jetty which • 29 retail outlets strategically located in major cities such as Lagos, Abuja, Kaduna, Port Harcourt, Enugu, Onitsha, Asaba, Makurdi, Sapele etc. • A fleet of 75 tank trucks for petroleum product distribution • 3 shipping vessels We purchase products from PPMC and also import from reputable off-shore suppliers such as Glencore Energy UK Limited and VITOL. To drive efficient delivery of products to our national network of retail outlets and customers we utilise our fleet of tank trucks. Rainoil maintains an active involvement in petroleum product distribution in the Lagos market via purchases from other marketers e.g. Oando Marketing Plc, Folawiyo Energy Limited and Sahara Energy Limited. Rainoil has finance facilities in excess of USD170million from different banks for importation of petroleum products. With a staff strength of over 500 trained personnel, we have developed a strong track record of quality product and service delivery.
Location: Ijegun-Egba – Satellite town, Lagos
​​​​​​​Job Overview
We are seeking a young Chartered Accountant with appreciable experience in Account Payable, Finance Analytics and Data Analytics, to work with our team.
The ideal candidate should possess 2-3 years in-depth knowledge of accounting practices and principles
Key Responsibilities
Prepare and review Bank Reconciliation Statements to ensure accuracy and resolve discrepancies.
Manage journal entries and postings to maintain accurate financial records
Monitor and analyse accounts receivable and payable balances to optimize cash flow and minimize risks
Conduct intercompany reconciliations to ensure consistency and accuracy across accounts
Contribute to the preparation of management reports, providing valuable insights to support businessdecisions
Educational Qualification and Experience
First Degree (First class or Second-Class Upper Division) in accounting from any recognized University in Nigeria or outside Nigeria.
Must be an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN).
Must posses the NYSC discharge certificate.
Required Skills:
Accounting Software: Proven expertise in utilizing accounting software and packages to manage financial transactions and reports
Accounting Practices and Principles: Knowledge of sound accounting practices and principles
Tax Laws and Regulations: Appreciable knowledge of tax laws and regulations
ERP Systems: In-depth knowledge and understanding of Enterprise Resource Planning (ERP) systems to streamline business operations and financial management
Microsoft Office: Proficient in Microsoft Office Suite particularly MS Word, MS Excel, Power Point Presentation
Financial Statement: Skills in data analysis, financial statement and preparation
Attention to details, analytical thinking and good time management.
What We Offer
Competitive salary and benefits package.
Opportunities for professional growth and development.
A supportive and dynamic work environment.
Other benefits such as HMO and Pension benefit etc
