Junior Account Officer at Feed Avenue Ltd

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
53996
Job Views
92

Job Description



Main missions 



  • Initiating Transactions  

  • Bookkeeping 

  • Transactional Dashboard 

  • Data Analysis 


Details of each mission 


Initiating Transactions  



  • Handle the initiation of financial transactions, including processing invoices, purchase orders, and sales orders. 

  • Manage accounts payable by processing supplier invoices, verifying and monitoring payment terms, and making timely payments. 

  • Handle accounts receivable by issuing customer invoices, tracking and monitoring payment collections, and following up on overdue accounts. 

  • Supporting the senior accountant in various financial tasks as required. 

  • Handling petty cash management and maintaining related records. 


Bookkeeping 



  • Ensure accurate bookkeeping practices by maintaining records of financial transactions, bank statements, and reconciliations. 

  • Accounts Payable: Process and manage all payable transactions, including verifying invoices, obtaining approvals, and scheduling payments in a timely manner. 

  • Accounts Receivable: Monitor receivables, issue invoices, follow up on outstanding payments, and coordinate with customers for timely collections. 

  • Reconciliation: Conduct periodic bank reconciliations and ensure discrepancies are promptly addressed. 

  • Assist in the preparation of budgets, forecasts, and financial reports as required. 

  • Support the preparation of audit schedules and assist auditors during financial audits. 


Transactional Dashboard 



  • Update and maintain daily transactional dashboards, providing real-time insights into financial activities and performance. 

  • Expense Management: Track and monitor company expenses, ensuring adherence to budgetary guidelines. 

  • Financial Reports: Assist in generating financial reports and statements, providing accurate data for financial analysis and decision-making. 

  • Prepare and update daily transactional dashboards to provide real-time financial insights.  

  • Participating in the development and improvement of financial procedures and systems 


Data Analysis  



  • Analyze financial data, identify trends, patterns, and discrepancies, and provide insights to the finance team. 

  • Collaborate with technical regulatory affairs officer to provide necessary documentation and support during audits and inspections by regulatory authorities. 

  • Financial Compliance: Ensure compliance with financial regulations and company policies. 

  • Collaborate with cross-functional teams to gather financial data and ensure accuracy in financial reporting. 

  • Monitor and analyze financial data to identify discrepancies and resolve accounting issues. 

  • Assisting with month-end and year-end closing processes. 


Skills required for the position 


Theorical and practical knowledges 



  • Bachelor's degree in Accounting, Finance, or a related field.  

  • Strong knowledge of accounting principles and bookkeeping practices. 

  • Proven working experience as a Junior Account Officer or similar role. 


Technical and methodological know-how 



  • Experience in handling ERP systems 

  • Proficiency in using Excel spreadsheet. 

  • Ability to work collaboratively with cross-functional teams. 

  • Excellent communication and interpersonal skills for effective collaboration with team members and stakeholders. 

  • Familiarity with financial regulations and compliance requirements. 


Behavioral skills 



  • Excellent attention to detail and accuracy in data entry and financial recordkeeping. 

  • Strong analytical and problem-solving skills to identify discrepancies and resolve issues. 

  • Ability to work independently and prioritize tasks to meet deadlines. 

  • High level of integrity and confidentiality in handling financial information 


Salary and allowances 


Fixed salary 




  • 100,000 Naira/month 




Allowance 



  • 15 000 Naira/month of air-time allowance  

  • 20 000 Naira/month of transport allowance  


Equipment Advantages  



  • Laptop computer  

  • Cell Phone and Sim card  


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