Accounts Payable & Receivable Officer

Oyo - Nigeria

Monthly Salary: Not Disclosed

Experience Required: 1-3years

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Responsibilities:

Oversee and reconcile receivables from stations by collecting verifying and recording daily cash lodgments POS receipts and End-of-Day reports.
Ensure all station inflows reconcile with reported pump sales mini-mart transactions and banking deposits escalating unresolved variances immediately.
Manage receivables from supply sales by verifying payments against delivery notes waybills and invoices.
Monitor outstanding balances from corporate and retail clients ensuring timely follow-up and collections.
Review and validate vendor invoices depot charges logistics reimbursements procurement costs and other payables for accuracy and authorisation.
Maintain updated accounts payable and receivable ledgers ensuring all entries are tied to real operational activities.
Reconcile bank statements vendor accounts client accounts and receivable inflows daily.
Prepare daily weekly and monthly reconciliation reports with variance analysis and resolution notes.
Track and report on company-wide inflows and outflows to support cash flow forecasting.
Ensure statutory deductions (VAT WHT PAYE pension etc.) are correctly calculated recorded and remitted within deadlines.
Maintain complete documentation and audit trails for all payables and receivables.
Support internal and external audit processes by providing accurate AP/AR records.
Collaborate with QA/QC Logistics and Sales to validate that receivables and payables reflect actual verified operations.
Take full accountability for the accuracy of receivables and payables escalating discrepancies unpaid receivables or suspicious transactions to the Accounts Officer and MD/CEO.

Requirements:

HND/BSC in accounting or any other related field.
2 -5 years of experience as an accountant accounts officer or relevant role.
Must be proficient in the use of Excel and financial management software
ICAN/ACA/ACCA certification
Excellent knowledge of data analysis and forecasting methods.
Ability to strategise and solve problems.
Strong reconciliation variance analysis and reporting skills.
Excellent communication and people skills.
Excellent knowledge of accounting regulations and procedures including the Generally Accepted Accounting Principles.
Hands-on experience with accounting software like ERP (Microsoft Dynamics Sage Tally and QuickBooks)
Experience with general ledger functions.
Strong attention to detail and good analytical skills.
High integrity accountability and attention to detail.
Ability to work under pressure and meet strict deadlines.

Responsibilities:Oversee and reconcile receivables from stations by collecting verifying and recording daily cash lodgments POS receipts and End-of-Day reports.Ensure all station inflows reconcile with reported pump sales mini-mart transactions and banking deposits escalating unresolved variances im...

Responsibilities:

Oversee and reconcile receivables from stations by collecting verifying and recording daily cash lodgments POS receipts and End-of-Day reports.
Ensure all station inflows reconcile with reported pump sales mini-mart transactions and banking deposits escalating unresolved variances immediately.
Manage receivables from supply sales by verifying payments against delivery notes waybills and invoices.
Monitor outstanding balances from corporate and retail clients ensuring timely follow-up and collections.
Review and validate vendor invoices depot charges logistics reimbursements procurement costs and other payables for accuracy and authorisation.
Maintain updated accounts payable and receivable ledgers ensuring all entries are tied to real operational activities.
Reconcile bank statements vendor accounts client accounts and receivable inflows daily.
Prepare daily weekly and monthly reconciliation reports with variance analysis and resolution notes.
Track and report on company-wide inflows and outflows to support cash flow forecasting.
Ensure statutory deductions (VAT WHT PAYE pension etc.) are correctly calculated recorded and remitted within deadlines.
Maintain complete documentation and audit trails for all payables and receivables.
Support internal and external audit processes by providing accurate AP/AR records.
Collaborate with QA/QC Logistics and Sales to validate that receivables and payables reflect actual verified operations.
Take full accountability for the accuracy of receivables and payables escalating discrepancies unpaid receivables or suspicious transactions to the Accounts Officer and MD/CEO.

Requirements:

HND/BSC in accounting or any other related field.
2 -5 years of experience as an accountant accounts officer or relevant role.
Must be proficient in the use of Excel and financial management software
ICAN/ACA/ACCA certification
Excellent knowledge of data analysis and forecasting methods.
Ability to strategise and solve problems.
Strong reconciliation variance analysis and reporting skills.
Excellent communication and people skills.
Excellent knowledge of accounting regulations and procedures including the Generally Accepted Accounting Principles.
Hands-on experience with accounting software like ERP (Microsoft Dynamics Sage Tally and QuickBooks)
Experience with general ledger functions.
Strong attention to detail and good analytical skills.
High integrity accountability and attention to detail.
Ability to work under pressure and meet strict deadlines.