Account Payable Officer


Job Description

REPORT: MANAGEMENT ACCOUNTANT

RESPONSIBILITIES:

  • Verify, process and post vendor invoices for services rendered as an when required.
  • Follow-up with POs, WCC and other documents required for booking vendor invoices
  •  Send payment advice to SBUs and CS as an when required.
  • Enter vendor’s invoice on real time and ensure data integrity of postings.
  • Research and resolve vendors account and payment discrepancies.
  • Maintain records regarding payments and accounts statuses.
  • Pay monies/ outflows to vendors and post correctly, taking into cognizance the correct accounting for tax, ncdf and other statutory deductions.
  • Responsible for payables, review vendor payments and advice on new or better payment terms
  • Prepare payables schedules by listing and analysis of unpaid invoices and advance payments.
  • Reconcile the accounts payables ledger to ensure that all payments are accounted for and properly posted and communicate with the relevant SBUs.
  • Generate age analysis and review payable accounts to ensure compliance.
  • Process adjustments entries according to company guidelines.
  • Investigate and resolve vendor queries.
  • Engage in ongoing educational opportunities to update job knowledge.
  • Prepare and submit weekly, monthly, quarterly, annual reports detailing payables, down payments and other accounts payables activities.
  • Protect organization’s value by keeping information confidential. 
  • Update job knowledge by participating in educational opportunity.
  • Assist with month-end closing.
  • To comply with all Health, Safety and Environmental policies and procedures of the organization
  • Any other activities delegated from time to time.

Requirements                                                                                                                   

  • Minimum Qualification: First degree in accounting, banking & Finance or Economics                                          
  • Master’s Degree in Accounts or Finance is an added advantage.  
  • Minimum Experience: 5 years’ relevant experience in financial management/ accounting Additional certification (e.g., ACA, ACCA, CPA) Compulsory     
  • Member of Chartered Institute of Taxation (CITN) is an advantage.                                                             
  • Proven work experience as an Accounts Payables Accountant or similar role                                           
  • Excellent MS Office skills (Excel, PowerPoint, Word, and Access)                                   
  • Advanced knowledge SAGE 300 Accounting Module                                                                          
  • Relevant knowledge of local accounting rules and taxes                                                                   
  • In-depth understanding of regulatory policies                                                                       
  • Sound knowledge of accounting fundamentals                                                                                                                    

Functional Competencies                                                                                                                            

  • Excellent analytic thinking and problem-solving skills; ability to anticipate and independently resolve issues                
  • In-depth understanding of business bookkeeping procedures 
  • Solid knowledge of accounting regulations and IFRS
  • Excellent math skills with an attention to detail
  • Excellent interpersonal skills        
  • Hands-on experience in preparing company accounts
  • Confident oral presentation and communication skills to influence, persuade, negotiate, motivate, and agree on commitments with colleagues in a high-pressure environment
  • Approachable and able to coach and assist colleagues with accounting problems/issues   
  • Numerate and articulate in handling statistics and interpreting information for communication to all levels within the business
  • Flexible, well organized with lots of initiative, energy, and personal motivation
  • Results-oriented and determined in resolving issues and achieving objectives
  • A keen eye for detail and desire to probe further into data             
  • Ability to stick to time constraints
  • Consistent, accurate, and thorough                                                                                                                    

Method of Application

Interested and qualified candidates should forward their CV to: hr@ieslglobal.com using the position as subject of email.


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