Senior Accountant

Senior Accountant

A Limited Liability company owned by the Yobe State government with company registration number 8179550. The company came into being by the vision of the State’s government to harnessing the state's rich mineral resources for economic growth and sustainable developmen

Senior Accountant Job Type Full Time , Onsite Qualification BA/BSc/HND , MBA/MSc/MA Experience 5 years Location Abuja Job Field Finance / Accounting / Audit

Role Purpose

The Senior Accountant shall be responsible for strengthening YMDCL’s financial management, accounting systems, internal controls, project accounting, investor financial documentation and fund accountability.

The role is intended to support YMDCL’s operations across several mineral value chains, including gold, limestone, gypsum, kaolin, trona, bentonite, clay/shale, manganese, copper, lithium, nickel, cobalt, rare earth minerals and other strategic mineral opportunities being explored or developed by the Company.

The Senior Accountant shall ensure proper recording, monitoring and reporting of revenues, expenditures, project costs, development funds, mineral proceeds, grants, counterpart funding, investor-related financial information, procurement payments, statutory obligations and financial performance using Tally accounting software or any other approved accounting platform adopted by the Company.

Key Responsibilities

• Financial Accounting and Reporting

• Maintain accurate books of accounts for YMDCL in line with approved accounting standards, Company policies and statutory requirements.

• Prepare monthly, quarterly and annual financial reports for Management and Board consideration.

• Record all income, expenditure, receivables, payables, advances, imprest, retirements, project costs and bank transactions.

• Prepare management accounts showing income, expenditure, budget performance, cash position, liabilities, commitments and project-level financial status.

• Support the preparation of annual financial statements and audit schedules.

• Ensure all accounting records are complete, traceable, properly filed and available for audit and Board review.

• Maintain a reliable chart of accounts that reflects YMDCL’s mineral projects, departments, funding sources, cost centres and revenue streams.

• Tally Software and Accounting System Management

• Set up, maintain and update YMDCL’s accounting records on Tally software.

• Configure Tally to capture project-based accounting, mineral-based cost centres, fund accounts, bank accounts, imprest accounts, advances and budget lines.

• Ensure all transactions are posted promptly and accurately into Tally.

• Generate financial reports from Tally for Management, Board, auditors, investors and development partners where required.

• Maintain proper backup of accounting data and ensure data security.

• Train and guide relevant finance staff on proper use of Tally and approved accounting procedures.

• Ensure that manual records, bank statements, payment vouchers and Tally entries are regularly reconciled.

• Mineral Operations and Project Accounting

• Maintain separate project accounts for each major mineral project or investment opportunity.

• Track exploration, drilling, geological studies, feasibility studies, mine planning, processing, logistics, stockpiling and community engagement costs.

• Maintain cost records for mineral titles, including annual service fees, renewal costs, statutory payments, consultancy expenses and regulatory payments.

• Support financial tracking for gold formalisation, buying, processing, beneficiation, mineral sales and revenue sharing arrangements.

• Maintain financial records for limestone, gypsum, kaolin, trona, copper, gold and other mineral development projects.

• Track cost of mining equipment, processing equipment, logistics, fuel, spare parts, site operations and security-related expenditures.

• Support the preparation of mineral production cost reports, including cost per tonne, cost per gram, processing cost, transport cost and stockpile cost where applicable.

• Maintain records of mineral inventory, stockpile value, mineral sales proceeds and receivables from offtakers or buyers.

• Work with technical teams to reconcile production records with financial records.

• Development Fund and Special Project Fund Management

• The Senior Accountant shall support proper financial administration of any development fund, take-off grant, project fund, intervention fund, counterpart fund, investor fund, mineral development fund or special purpose account under the custody or administration of YMDCL.

• Maintain separate ledgers for each fund or special account.

• Ensure that funds are applied strictly for approved purposes.

• Prepare fund utilisation reports for Management, Board, Government, development partners or relevant authorities.

• Track releases, disbursements, commitments, balances and outstanding obligations.

• Ensure all payments are supported by approvals, memos, vouchers, invoices, receipts and retirement documents.

• Monitor compliance with approved budgets, Board resolutions and government directives.

• Support transparent reporting on funds applied to exploration, mineral development, ASM support, infrastructure, processing facilities, equipment, project studies and investor-readiness activities.

• Prepare periodic fund accountability statements for Board and Management review.

• Investor Engagement and Financial Due Diligence Support

• Prepare financial information required for investor data rooms.

• Support the preparation of project budgets, cost estimates, financial summaries and cash flow projections for mineral projects.

• Provide financial inputs into business plans, bankable feasibility studies, concept notes, investment proposals and Board submissions.

• Support financial assessment of MoUs, joint ventures, offtake arrangements, consultancy contracts and partnership proposals.

• Maintain records of investor-related financial assumptions, project cost breakdowns, revenue estimates and funding requirements.

• Support the review of financial capacity documents submitted by investors, partners, contractors and consultants.

• Work with the Business Development and Corporate Services Department to prepare investor-ready financial documentation.

• Maintain confidentiality over all investor, financial, technical and commercial information.

• Budgeting, Planning and Cost Control

• Support preparation of YMDCL’s annual budget and departmental budgets.

• Monitor budget implementation and report variances.

• Prepare budget performance reports for Management and Board revie