Job Title: Account Officer
Location: Lagos, Nigeria
Recruiter: Speakwell Consulting Limited
Type: Full-Time
Experience: Mid-Senior level
Function: Accounting/Auditing
Compensation: Very Attractive
Our client a major player in the telecoms, real estate and logistics requires the service of an Account Officer
Job Description:
Short Job Description:
• Overseeing the Account Payables and Receivables activities
• Prepare financial statement and cash flow forecast
• Contribute to the development and maintenance of an efficient and effective financial systems and processes
Desired Skills & Experience:
Key Performance Areas
Role/ Task Complexity:
• Responsible for the process of creating the Company's budget as well as tracking and reporting on the performance
• Review and approve all invoices and payment documents before the payment is made
• Review the documents required for the creation of a Petty Cash Imprest and makes recommendation
• Ensure that the Cash-Inventory-Collections/Receivables reconciliation is carried out at all times
• Manage the company's bank account and carry out all Treasury functions for the organization
• Exercise operational ownership and control of the company's Business Application System
• Provide information to the Sales Department to ensure full actualization of targets and prompt collection of receivables
• Monitor the cash office for compliance and safe operations – Ensure that all accounting entries have been correctly captured and recorded – Ensure that adequate provisions/accrual exist in the books for all transactions – Ensure that all payments are made in full compliance with all relevant Policy, Processes and Procedures – Ensure that all transactions are fully processed on the Business Application System – Ensure that all reconciling items are cleared promptly – Ensure that the Receivables account is clean and up to date
• Ensure that all accounts, including bank accounts, are duly reconciled in line with the agreed timelines
• Manage the month-end closure and reporting process
• Review and approve all reconciliation
• Provide operational financial information for management
Supervisory/Leadership/Managerial Complexity:
• Multidimensional responsibilities
• Lateral dimensions of the position
• Creativities (improvement/innovation inherent)
• Cash flow management
• Information presentation format
• Financial and Regulatory relationship management
• Dealing with 'exceptions' in processing transactions
• Operations style
• Vulnerabilities (control span)
• Risk of losing track of long cycle time transaction
• Subjective assessment of some transactions
• High risk of transactions
• Multi-dimensional responsibilities
• An environment where lack of vigilance can be very costly
• Collaboration
Responsibility towards:
• Direct reports: Cash Handler, Cashier
• Lateral reports: Administrative Officer
• Matrix reports: Executive Director Finance, Human Resources Manager
• Third party Relationship: Financial Institutions, Regulatory Institutions,
• Discretionary Space
Independent thought and Judgment:
• Treasury decisions
• Input into the design of an optimal payables process
• Design of an effective transaction tracking system
• Job scheduling and supervision
• Escalations, interventions and reporting
Authorities:
• Delegation of Authority Matrix
• Company's Policy, Processes and Procedures
• Generally Acceptable Accounting Practices
Minimum Requirements:
Education:
• B.Sc in Accounting
• Professional qualifications (ICAN/ACCA)
Work Experience: 1-2years
Supervisory Experience: None
Role Experience: 0-1 years
Training:
• Treasury Management
• Payables management
• Effective presentation and report writing
• Effective communication
Referral bonus: Deadline is August 17, 2013
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