Account Receivable Officer

Responsibilities:

• Prepare and issue accurate invoices to customers, off-takers, and joint venture partners based on sales contracts, lifting schedules, and service agreements.\
• Monitor and follow up on outstanding receivables, ensuring collections are made within agreed credit terms.
• Maintain an up-to-date customer ledger and perform regular reconciliation of debtor accounts.
• Prepare monthly AR ageing reports and highlight overdue accounts to the Finance Manager.
• Coordinate with the commercial/operations team to resolve billing disputes, credit notes, and contract variations.
• Apply receipts accurately to customer accounts and reconcile bank deposits with customer remittances.
• Ensure proper documentation of all revenue transactions in compliance with IFRS 15 revenue recognition standards.
• Manage Letters of Credit (LC), Documentary Collections, and other trade finance instruments relevant to export transactions.
• Assist in the preparation of revenue reports, cash flow forecasts, and financial statements.
• Liaise with legal counsel on the recovery of long-outstanding or disputed debts when necessary.
• Support external auditors with schedules, confirmations, and documentation of receivable balances.\
• Track and report on DSO (Days Sales Outstanding) metrics and suggest improvements to the collections process.
  

Requirements:

• Bachelor's degree in the Accounting or Finance field.
• Professional certification in view or completed (ICAN, ACCA) is an advantage.
• Minimum of 3–5 years of accounts receivable experience, preferably in oil and gas, energy, or financial services.
• Knowledge of oil and gas billing cycles, lifting schedules, and gas sales agreements is an added advantage.
• Proficiency in ERP/accounting software (Tally, Oracle, or similar) and Microsoft Excel.