Account Officer at a Reputable Logistics Company - Bancor Outsourcing Limited

Bancor Outsourcing Limited - Our client, a reputable Logistics company, is recruiting suitably qualified candidates to fill the position below:

Job Title: Account Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Job Description

• Assist in formulating the company's future direction and supporting tactical initiatives
• Monitor and direct the implementation of strategic business plans
• Develop financial and tax strategies
• Manage the capital request and budgeting processes
• Assist in the company's transaction processing systems
• Implement operational best practices.
• Prepare and package request for debt funding and restructuring
• Manages the fund disbursement process, cash balances and cash flow position
• Oversee sales invoice preparation on software on sales orders (in form of schedule) generated by the logistic and sales executives after confirmation of service delivery or authorization of credit sales by the approving authority.
• Follow up with the clients on weekly basis to ensure timely payments of invoices- credit control.
• Oversee process of payments of supplier invoices upon approval of payment by the approving authority after daily presentation of cash position or on designated payment days.
• Prepare payment vouchers on the software and process cash payments, cheque payments (as explained above) and wire transfers.
• Reconciliation of account payables and payments on weekly basis at any point in time to prevent overpayment
• Monitor accounts to ensure payments are up to date
• Resolve invoice discrepancies
• Oversee payment processing of payroll and bank instructions
• Maintain fixed assets register
• Monthly reconciliation of bank statements with cash books
• Prepare monthly cash budget/position to show bank balances, expected inflows, expected outflows and projected closing cash balance
• Produce previous month cash budget variance report upon presentation of the new month cash budget/position
• Participates in business strategic planning process and defines strategies/plans for finance and accounting.
• Manages finance processes, develops and implements a modern cost effective accounting system that will meet the challenges and objectives of the company while integrating the business value chain.
• Produces daily, weekly, monthly and quarterly management reports to the Executive Management (as may be required).
• Preparation of cash flow statements, income and expenditure accounts, tax returns and balance sheet.
• Liaise effectively with the internal and external auditors to ensure that an efficient and effective audit process is carried out.
• Ensures the financial policies, procedures and controls of the companyare implemented efficiently and in line with generally accepted accounting practices (locally and globally).
• Improve the systems surrounding all aspects of the company’s budgets, forecasts and business planning.
• Analyses budget variances and consolidates the financial statement for further analysis by executive management.
• Efficiency in cash management

Job Requirements

• Degree in Accounting and Finance.
• Relevant Professional Certification e.g ACA, ACCA, ICAN etc.
• 2+years’ experience work experience in similar capacity.
• Business Intelligence
• Microsoft Office Skills (Intermediate)
• Process Management
• Relevant ERPs – Quick books, Microsoft, SAP

Salary
Very Attractive.

Benefits:

• HMO, Pension, GroupLife Insurance.

Application Closing Date
30th May, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.