Country

  • Nigeria
  • City

  • Lagos
  • Industry

  • Oil & Gas
  • Job Type

  • Office
  • Posting date

  • March 14, 2024
  • Job application is closed.

Contact

Olusegun Davidson

  • Permanent
  • Nigeria
  • Competitive NGN / Year
  • Applications have closed

Website WTS Energy

This job is closed.

Accounts Payable (In-Country)

March 14, 2024

Job Description

Accounts Payable (Entry Level)

Job Summary

Provide responsibility for making payments to both vendors and staff. Promptly record all expenses in the accounting system. Make bi-monthly forecasts of payables and provide payables reports.

Main Responsibilities

  • Maintain proper referencing and archiving of the documented system of accounting policies and procedures.
  • Maintain proper referencing and archiving of payments/receipts documents and other Finance-related documents.
  • Assist in scheduling regular compliance reviews by internal policies, procedures, and practices.
  • Making payments promptly to all suppliers to take advantage of discounts to ensure optimal profitability.
  • Timely cash disbursement to the staff.
  • Ensure timely flow of information to the business/ management by updating accounting records.
  • Maintain, manage, and update transaction posting in the payables invoice and bank management modules.
  • Prompt payment of statutory remittances to avoid liabilities.
  • Ensure tax compliance in transaction processing on daily transactions.
  • Ensure accurate period-end ledger closing through call-up and reconciliation of general ledger balances.
  • Maintain and manage monthly prepayment and accrual schedules.
  • Reconciliation of creditor accounts to ensure the accuracy of financial reports and prevent unrecorded liabilities.
  • Maintain daily cash books for all operating and collection accounts.
  • Raising vouchers and processing payments to vendors, suppliers, and third parties in line with expenditure and payment approvals.
  • Reconcile bank accounts weekly on accounting software and provide accurate balances for decision-making.
  • Update operating accounting software with financial data including but not limited to Payables, Receivables, Bank entries and GL reconciliation daily.
  • Provide support to the team lead in the preparation of consolidated financial statements by the International Financial Reporting Standard (IFRS).
  • Support in the provision of information to external auditors for annual audits.
  • Support in providing information to state and federal government for tax purposes.
  • Assist in liaising with other departments to ensure timely preparation and review of financial accounts.
  • Assist in providing information for the preparation of the company’s budget and in delivering the budget process.
  • Carry out other duties as assigned by the supervisor

 
Qualification & Requirements

  • Minimum BSc/BA/HND in Accounting or related field
  • ACA or ACCA or CPA Certification will be an added advantage
  • 3 – 5 years experience

 

Location:           Lagos

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