The Highest Paying Accounting Jobs in Nigeria and Salaries

This article highlights the highest paying accounting jobs in Nigeria. Also, it gives a brief description of these jobs and their salaries.

According to Investopedia, Accounting is the practice of keeping track of a company’s financial transactions. Summarizing, evaluating, and reporting these transactions to oversight organizations, regulators, and tax collecting organizations are all part of the accounting process.

The field is one of the high-paying fields in Nigeria and is very broad. You need the knowledge, training, and certifications to maximize your chances of getting a job in the field.

Highest Paying Accounting Jobs in Nigeria

Listed below are the Highest Paying Accounting Jobs in Nigeria.

• Auditor
• Chartered Accountant
• Reconciliation Specialist
• Senior Accountant
• Tax Consultant
• Investment Associate
• Cost Accountant 
• Schedule and Billing Specialist
• Account Payable Officer 

Auditor

An auditor is a financial expert whose primary role is to examine an organization’s financial records and accounts to ensure that there are no irregularities in the account history. They ensure that financial laws adhere to through the dealings of the company accounts.

Also, check out Jobs you can do with a Business Degree.

Duties of an Auditor

• Perform and oversee the complete audit cycle, including risk management and control management over the effectiveness of operations, the stability of the financial position, and compliance with all applicable laws and regulations.
• Establish the internal auditing scope and develop annual plans.
• Obtain, review, and evaluate accounting documents, information, flowcharts, etc., to highlight discrepancies in the accounting records.
• Prepare and provide reports after conducting the auditing process.
• Identify weak points and offer cost- and risk-saving measures.
• Maintain regular communication with the audit committee and management.
• Conduct follow-up audits to monitor management’s behavior.

Salary

According to Payscale, the average salary earned by an auditor is 308,000 NGN monthly.

Chartered Accountant

A chartered accountant is a top accountant with a higher certification than a regular accountant. They are licensed to carry out many accounting and accounting-related activities ranging from taxation, audit, cost accounting, budgeting, and many more.

Duties of a Chartered Accountant

• Control financial resources and spending
• Conduct financial audits 
• Acts as consultant for financial guidance for individuals or companies
• Review the processes of the business and risk analysis.
• Assess the financial system and records to ensure they are correctly executed.
• Handle tax matters on behalf of customers  
• Keep accounting records, prepare accounts, and manage information for an organization.
• Guide clients on ways to enhance their businesses or how to handle insolvency
• Set up systems to control fraud in the accounting records.

Salary 

According to Salary Explorer, a chartered accountant makes nearly 313,000 NGN monthly.

Senior Accountant

As a senior accountant, one will oversee the business’s accounting activities. Conduct financial transaction regulation and verification to ensure the efficiency and correctness of all accounting duties. 

Duties of Senior Accountant

• Accounts payable and receivable must be verified, allocated, posted, and reconciled.
• Create accurate accounting reports, then communicate the findings.
• Review financial data after analysis and state of finances
• Recognize mistakes and make suggestions on how to increase spending and efficiency
• Give management accountant guidance and technical help.
• Review accounting systems and practices, and make any necessary changes.
• Manage bookkeepers and accounting assistants.
• Participate in the process of establishing financial standards and forecasting
• Make suggestions for the department’s goal-setting process.
• Create a budget and prepare financial statements on time.
• help with tax returns and audits
• Organize audits both internally and externally to ensure compliance
• Plan, assign, and evaluate staff members’ tasks
• Create and document accounting procedures and business processes.

Salary

According to Payscale, the average salary of a senior accountant is NGN 200,000 per year.

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Account Payable Officer

An accounts payable clerk handles an organization’s invoices and bills on schedule to ensure correct and detailed accounting records. 

Duties of Account Payable Officer

• Process remittances following financial regulations and guidelines
• Conduct regular financial transactions, such as validating, separating, and recording expected performance information.
• Recon reconcile the accounts payable ledger to ensure all bills and payments are accounted for and correctly posted.
• Compare vendor accounts and monthly statements, confirm differences, and look into them.
• Facilitate the amount of past due invoices by contacting clients and providing bill reminders.
• Create reports describing the status of the account’s payables.
• Recognize cost centers and expense accounts

Salary 

According to Glassdoor, an account payable officer earns close to N300,000 monthly.

Investment Associate

An investment associate collaborates with investment analysts to analyze a company’s financial information and possible investments to devise the best strategy for boosting earnings.

Duties of Investment Associate

• Examine companies’ financial statements and other records.
• Discusses investment needs and goals with clients and makes appropriate investment recommendations based on their needs. 
• Managing clients’ current portfolios involves researching and making changes to accommodate clients’ shifting demands.
• Recommend adjustments to investment portfolios in light of market circumstances.
• Assist clients in selecting investment options, including equities, bonds, mutual funds, and real estate. 
• Coordinate the buying and selling of stocks and other securities.
• Create investment plans to help clients achieve their financial objectives, such as retirement planning or education savings.

Salary 

According to salary explorer, an investment associate can earn up to 471,000 NGN monthly.

Schedule and Billing Specialist

A billing specialist, sometimes known as a billing clerk, manages the billing procedure for clients or patients. They must receive payments on behalf of clients or patients, keep financial records structured to facilitate reporting, and compute bill totals by consulting prior financial accounts.

Duties of Schedule and Billing Specialist

• Perform a thorough examination of all bills connected to POs for contract compliance (rates, task estimates, supporting documents) and all other invoices.
• Obtain accounting distribution and invoice coding information
• Correct billing errors or omissions of supporting documents
• Maintain daily oversight of the workload for invoices to ensure that they are paid on schedule and that discounts are taken.
• Follow up with invoice approvers regarding pending invoices while keeping an eye on the SAP workflow.
• Answer questions about the payment of vendor/contractor invoices.
• Ensure correct invoice billing structure and contract compliance by working with invoice approvers, vendors, and contractors.
• To tackle invoice/PO difficulties affecting timely payments, closely collaborate with accounts payable and supply management.
• Track the processing of invoices and keep contract data using the Smartsheet and SharePoint capabilities.

Also, check out The Highest Paying Jobs in the UK without a Degree.

Salary

According to Salary explorer, the average salary of a schedule and billing specialist is 249,000 in a month.

Tax Consultant

Tax experts provide customers with helpful guidance that may help them save money on their tax filings.

Duties of a Tax Consultant

• Create the relevant paperwork, reports, payments, and tax returns.
• Analyze and research complex tax problems to find answers.
• Identify tax savings and suggest methods to increase profitability.
•  Provide assistance and direction for the audit process. 
• Analyze tax laws and recommend measures to reduce their burden.
• Observe market developments and tax-related changes.
• Ensure your quarterly and yearly tax reports are accurate.

Salary

According to salary explorer, a tax consultant typically earns 231,000 NGN monthly.

Final Notes on The Highest Paying Accounting Jobs in Nigeria

In Nigeria, accounting is one of the most lucrative careers. This post discusses the most lucrative accounting careers and specializations for you to know the most lucrative professions.

Before you go, apply for Available Jobs.

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Also, apply for Information Security Analyst Jobs in the United Kingdom.