Account Officer at African Foundries Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
82835
Job Views
135

Job Description



Position Overview



  • We are seeking a highly skilled and experienced Account Officer with a strong background in manufacturing to join our team.

  • The ideal candidate will be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with accounting standards and regulations within a manufacturing environment.

  • The Account Officer will play a crucial role in maintaining accurate financial records and providing insights to support strategic decision-making.


Key Responsibilities

Financial Management:



  • Manage accounts receivable and accounts payable processes.

  • Monitor cash flow and ensure timely payments to suppliers and vendors.

  • Perform bank reconciliations and manage petty cash transactions.

  • Maintain accurate and up-to-date financial records using accounting software.


Budgeting and Forecasting:



  • Assist in the preparation of annual budgets and forecasts.

  • Monitor budget variances and provide analysis to management.

  • Identify opportunities for cost optimization and efficiency improvements.


Financial Reporting:



  • Prepare monthly, quarterly, and annual financial statements.

  • Analyze financial data and provide insights to support decision-making.

  • Ensure compliance with accounting standards and regulations.


Inventory Management:



  • Collaborate with the production team to manage inventory levels.

  • Conduct periodic inventory audits and reconcile discrepancies.

  • Monitor inventory valuation and provide recommendations for adjustments.


Cost Analysis:



  • Analyze manufacturing costs and identify areas for cost reduction.

  • Work closely with the operations team to optimize production processes.

  • Provide cost estimates for new products or projects.


Stakeholder Communication:



  • Communicate financial performance and key metrics to stakeholders.

  • Collaborate with cross-functional teams to achieve organizational goals.

  • Provide financial insights and recommendations to support decision-making.


Requirements



  • Bachelor's Degree in Accounting, Finance, or related field. CPA qualification preferred.

  • Minimum of 3 years’ experience in a reputable organization.

  • Proven experience as an Account Officer or similar role, preferably in a manufacturing environment.

  • Strong knowledge of accounting principles and practices.

  • Proficiency in accounting software and Microsoft Excel.

  • Versatile Knowledge in the use of NavisionSoftware is essential.

  • Excellent analytical and problem-solving skills.

  • Ability to work independently and as part of a team.

  • Strong communication and interpersonal skills.

  • Attention to detail and accuracy.

  • Professional qualification will be added advantage.

  • Below 30 years.


Skills / Knowledge Requirements:



  • Self-motivation.

  • Integrity.

  • Business acumen and interest.

  • Organizational skills and ability to manage deadlines.

  • Team-work ability.

  • Communication and interpersonal skills.

  • Proficiency in IT (Navisionsoftware).

  • Presentation and reporting skills.

  • Attention to detail.

  • A keen interest in numeracy.


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