Account Officer at African Foundries Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
23 days ago

Additional Details

Job ID
82835
Job Views
36

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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