Junior Finance Officer Job at Lagos Commodities and Futures Exchange (LCFE)

Lagos Commodities and Futures Exchange (LCFE) was incorporated in May 2015 and was granted full operating License on June 14th, 2019 by the Securities and Exchange Commission (SEC, Nigeria). LCFE was created to provide a transparent and standardized platform for the trading of commodities in four asset classes.

We are recruiting to fill the position below:

Job Position: Junior Finance Officer
Job Location: Marina, Lagos
Employment Type: Full-time

Job Summary


  • As the Junior finance officer, you will keep financial records, prepare reports, and update financial information of the Exchange.
  • The ideal candidate should be familiar with accounting procedures and should have experience with accounting software programs (like Sage and Oracle).

Primary Responsibilities

  • Work diligently with relevant team members to report revenue weekly and monthly.
  • Reconcile revenue weekly and ensure it reports correctly to receivables.
  • Maintain record of payments and ensure vendors files/ledgers are in proper order
  • Reconcile vendors’ statements.
  • Ensure that the bills are accurate as to items, price, and also that they have been approved by the Head of Department, Chief Finance Officer and Management.
  • Properly administer all payroll records for all team members.
  • Maintain up-to-date knowledge of payroll laws and regulations.
  • Administer payroll deductions/advances and perform reconciliations.
  • Able to analyze large volume of financial information and create reports that will assist the Director of Finance in payroll forecasting based on actuals.
  • Work closely with the Chief finance officer to ensure seamless month-end closure of transactions.
  • Perform other duties and responsibilities as assigned or required.

Knowledge and Skill requirements

  • Bachelor’s Degree in Accounting
  • 0-2 years’ experience in accounting or finance-related functions.
  • Computer software skills, including Excel, PowerPoint and other accounting packages.

Method of Application
Interested and qualified candidates should send their CV to: info@lcfe.ng and Soluwo@lcfe.ng using the Job position as the subject of the mail.