• Application Deadline: Tue, 5 Sep 2023 00:00:00 GMT
• Position: Payable Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Summary

• The successful candidate plays a critical role in managing and maintaining the company's accounts payable function.


• This involves ensuring that all financial obligations to suppliers, vendors, and creditors are met accurately and on time.


• You will be responsible for processing invoices, reconciling accounts, and assisting in financial reporting.

KEY RESPONSIBILITY AREAS

• Receive, review, and process invoices from suppliers and vendors.


• Verify the accuracy of invoices, including quantities, prices, and payment terms.


• Ensure all invoices are properly authorized for payment.


• Code and allocate expenses to appropriate accounts and expense head.


• Prepare and schedule payments to suppliers, taking into account payment terms and cash flow considerations.


• Monitor payment deadlines and ensure timely payments to avoid late fees and maintain good vendor relationships.


• Reconcile supplier statements with accounts payable records to resolve discrepancies.


• Investigate and resolve invoice discrepancies and disputes with suppliers.


• Maintain accurate records of accounts payable transactions.


• Monitor and track company expenses, ensuring they are within budgetary limits.


• Assist in the preparation of monthly, quarterly, and annual financial reports related to accounts payable.


• Respond to vendor inquiries and resolve payment-related issues promptly.


• Negotiate payment terms and discounts with vendors, when possible.


• Ensure compliance with company policies and relevant accounting standards.


• Stay informed about changes in tax laws and regulations related to accounts payable.


• Assist in the preparation of tax-related documentation


• Maintain organized and accurate records of all accounts payable transactions, invoices, and payments.


• Prepare and file relevant financial documents for auditing purposes.


• Execute other tasks as assigned from time to time by the Head, finance & Accounts.

REQUIREMENTS AND QUALIFICATIONS

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


• Minimum 3years proven experience as an Accounts Payable Officer or Accountant, preferably in a manufacturing setting.


• Strong understanding of accounting principles and practices.


• Proficiency in using accounting software and Microsoft Office Suite (especially Excel).


• Excellent attention to detail and accuracy.


• Strong organizational and time-management skills.


• Good communication and interpersonal skills.


• Knowledge of tax regulations related to accounts payable is a plus.


• Ability to work effectively in a team and meet deadlines.