• Application Deadline: Mon, 13 Nov 2023 00:00:00 GMT
• Position: Billing and Cost Control Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 - 8 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  


• Salary Range Above ₦1,000,000/month
  

Job Responsibilities:

• Ensure that all accounts receivable/payables are settled and collected as per agreed terms of settlement


• Identify and analyze all accounts differences and liaise with the respective team to ensure that all items are booked correctly and differences are resolved in a professional manner and on a timely basis. Establish and maintain an abeyance system


• Recommend write offs where applicable


• Perform credit control function of Accounts Receivable/Payable and related account reconciliations


• Coordination, transfer and reconciliation of data from interfaces of front-end systems


• Execute settlements of disputes with investors/customers particularly the control of outstanding balances


• On an ongoing basis, properly account for all collections through timely application in the SAP system, processing ADT files and booking in the GL. Prepare monthly cash, receivable/payable and other account reconciliations and related journal entries


• Document application of policies, procedures and workflow for assigned areas of responsibility


• Archive records to satisfy audit and statutory requirements


• Draft standards to improve quality


• Work collaboratively with other functional areas (Operations, Accounting, O&M) in establishing processes, booking flows and accuracy completeness controls


• Contribute to project work within the department Daily monitoring and Reporting of cash collection bank accounts for customer payments and follow established procedures for processing of cash receipts.


• Manages and maintains the non-trade account receivable ledger (e.g non-trade debtors, prepayments, e.t.c)


• Receives and process all staff claims, staff expense reimbursement and staff cash purchase advance retirement requests


• maintain staff loan and cash purchase advance accounts ledger


• Maintenance of All Customers Accounts


• Maintenance and reporting on pre-payments


• produce monthly age analysis of outstanding staff cash purchase advances for review and circulation Financial Control


• Monthly analysis of all receivables accounts in addition to producing account proofs.


• follow-up on staff with over-due unretired cash purchase advances


• process payment of monthly float replenishment to commercial field staff


• process all staff car loan related requests and maintenance of the relevant records


• generate monthly staff car loan repayment advice for approval and payment processing


• Making available to management bank collection accounts’ balances on a daily basis


• Resolution of bank Inflow related queries


• Resolution of complaints and reconciliation of accounts


• Interface with Commercial team on investors deposit and payments/ charges identification


• Interface with O & M team to reconcile monthly on bank collections


• Maintenance of all Customer, Investors, Warehousing detailed Accounts

Requirements and skills:·

• Qualification in Business Administration, Economics, Finance, Accounting or comparable degree preferred or qualified by experience in related discipline


• Several years of professional experience in a Finance role. Ideally experience in asset management


• Advanced Excel and Power point skills to effectively analyze data and convey messages in a winning fashion


• Solid understanding of credit control practice and principles


• Good understanding of financial statements and their performance measurement including drivers


• Basic knowledge of local GAAP, IFRS, Regulatory, Tax and other relevant requirements with regards to reporting, compliance and declaration


• Analytical skills and the ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows


• Good communication skills


• Experience with project and team work in an international environment would be a plus


• Fluent English skills