• Application Deadline:
• Position: Accounts Payable (In-Country)


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Summary

Provide responsibility for making payments to both vendors and staff. Promptly record all expenses in the accounting system. Make bi-monthly forecasts of payables and provide payables reports.

Main Responsibilities

• Maintain proper referencing and archiving of the documented system of accounting policies and procedures.


• Maintain proper referencing and archiving of payments/receipts documents and other Finance-related documents.


• Assist in scheduling regular compliance reviews by internal policies, procedures, and practices.


• Making payments promptly to all suppliers to take advantage of discounts to ensure optimal profitability.


• Timely cash disbursement to the staff.


• Ensure timely flow of information to the business/ management by updating accounting records.


• Maintain, manage, and update transaction posting in the payables invoice and bank management modules.


• Prompt payment of statutory remittances to avoid liabilities.


• Ensure tax compliance in transaction processing on daily transactions.


• Ensure accurate period-end ledger closing through call-up and reconciliation of general ledger balances.


• Maintain and manage monthly prepayment and accrual schedules.


• Reconciliation of creditor accounts to ensure the accuracy of financial reports and prevent unrecorded liabilities.


• Maintain daily cash books for all operating and collection accounts.


• Raising vouchers and processing payments to vendors, suppliers, and third parties in line with expenditure and payment approvals.


• Reconcile bank accounts weekly on accounting software and provide accurate balances for decision-making.


• Update operating accounting software with financial data including but not limited to Payables, Receivables, Bank entries and GL reconciliation daily.


• Provide support to the team lead in the preparation of consolidated financial statements by the International Financial Reporting Standard (IFRS).


• Support in the provision of information to external auditors for annual audits.


• Support in providing information to state and federal government for tax purposes.


• Assist in liaising with other departments to ensure timely preparation and review of financial accounts.


• Assist in providing information for the preparation of the company’s budget and in delivering the budget process.


• Carry out other duties as assigned by the supervisor

Qualification & Requirements

• Minimum BSc/BA/HND in Accounting or related field


• ACA or ACCA or CPA Certification will be an added advantage


• 3 – 5 years experience