Job Description
JOB OBJECTIVE(S)
- Handling and managing Group’s accounts payable accounts.
- Receiving, opening, and logging invoices, as well as other duties like bank reconciliation, accounts payable in voice and data entry, and expense report handling for all Group subsidiaries.
DUTIES & RESPONSIBILITIES
- Record all bank transactions on daily basis based on bank statements.
- Record all outgoing (vendor/supplier/other) cheques on daily basis based on Cheque Register.
- Record all cash transactions on daily basis based on petty cash book (kept on imprest basis).
- Record all inventory transactions on daily basis based on physical movements, if not done by ERP solution.
- Record all necessary reserves, provisions, accruals at each month end and reverse those beginning of the new month each.
- Record all equity transactions based on board resolutions.
- Record all necessary month-end cut offs for balance sheet preparation.
- Permanently improve the corresponding G/L Internal Controls, Processes
and Procedures according to Best Practices for Accuracy and Efficiency.
- All documentation to be filed correctly for bank reconciliation purposes
- Reconcile creditor’s statements of accounts against the records.
- Prepare reports, schedules and analysis that may be required by the Manager, Finance & Accounts.
- Respond to queries, by resolving issues in a timely and efficient manner, investigate and resolve problems associated with processing of invoices and purchase orders.
- Communicate and follow up with internal departments to resolve issues and determine methods for expediting problem payments.
- Interface with regulatory agencies: FIRS, LIRS, NSITF, ITF, DPR, NAPIMS, etc.
Education
- Must possess at least First Degree in Finance or Accounting.
- Master's Degree or Professional Certification in related field would be an added advantage and preferably a Chartered Accountant (or currently enrolled in the ICAN Programme)
- Knowledge of relevant ERP or accounting software is added advantage
Experience
- Minimum of 2 years’ cognate experience in similar role in Financial Accounting and Oil & Gas Industry.
- Must be versatile with tax laws, regulations, IFRS Accounting Policy and GAAP, and Internal Controls' Processes.