Accounts Payable
6 hours ago
Performs day to day processing of accounts payable transactions to ensure that the firms finances are maintained in an effective, up to date and accurate manner
Provides accounts payable schedules to form an input into short term cash flow forecasting
Responds to vendor queries and ensures payments are up to date and in line with terms
Monitors vendors accounts and ensures all payments are up to date
Assists in the establishment of accounts payable best practices
Analyses processes, and initiates and oversees process improvement initiatives within the accounts payable function
Processes staff cash advance requests and follows up to ensure accurate and timely retirement
Reviews and verifies petty cash payments and journals before posting
Resolves discrepancies in payment invoices
Ensures non-purchase order invoices have the proper approvals
Payments Tracking
Payments Tracking
Ensures payments to suppliers, vendors, contractors, etc. are made when due
Prepares, sorts and ensures that payments received are correctly entered into the accounting system
Evaluates unapplied advance payments to determine risk level
Financial Management
Prepares account reconciliations for accounts payable general ledger accounts, including an analysis of balance aging
Reviews the reconciliation of ledgers and puts in place adequate controls to reduce discrepancies
Verifies that all transactions are in compliance with financial policies and procedures
Provides required information to internal or external auditors during audits
Supports cash forecasting process based on payment schedules and interfaces with the Treasury Accountant
Manages inquiries from vendors and internal customers on invoice approval and payment status
Assists in compiling management reports
JOB REQUIREMENTS
Minimum of a first degree in Accounting, Finance, Economics or any related discipline
Relevant professional certifications e.g. Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent is required
MBA or a Masters in related discipline is an added advantage Required Experience
Minimum of 5 years relevant work experience
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