Job Summary

The Accounts Payable Officer will provide support to Head of Accounts Payable to deliver efficient accounts payable practice.

  • Minimum Qualification: MBA / MSc
  • Experience Level: Senior level
  • Experience Length: 6 years

Job Description/Requirements

Key Roles and Responsibilities

  • Support timely payment of corporate supplier invoices, employee claims, and related party transactions.
  • Match vendor invoices with purchase orders and goods receipts Notes (or service tickets).
  • Verify the accuracy of the vendor invoices and confirm that the correct cost centre and general ledger account codes are used.
  • Receives and records all invoices and payment requests and log on to the database for tracking.
  • Maintains copies of approved contracts for review against invoices.
  • Ensures that remittances of all statutory taxes to the Federal Inland Revenue Service and Lagos State Board of Internal Revenue is completed and to time.
  • Ensures that all AP/payment documents are systematically filed for ease of retrieval for at least 7 years.
  • Manages ledger integrity by investigation of balances and supplier reconciliations.
  • Preparation of weekly performance report on invoicing and payments.
  • Regularly monitors the accounts payable ageing reports to measure the effectiveness of early payment performance.
  • Work with the Treasury unit regarding the management of day-to-day liquidity.
  • Support month-end activities by raising all invoices and completing payment run in the ERP system  

 

Preferred Skills / Prerequisites

  • Must be able to deal with multi-currency transactions.
  • knowledge in the application of ERP Accounting Systems.
  • General Applications: Microsoft Office packages
  • Exposure to accounts and supplier reconciliation
  • Knowledge of taxes applicable in Oil and Gas industry

 

Minimum Qualifications

  • Bachelor’s degree in Finance, Accounting, or any finance-related field.
  • Professional accreditation (ACA, ACCA) will be an added advantage.

 

Work Experience

  • Minimum of 4 years post-graduation experience, preferably in the role of account payable officer.
  • Upstream Oil and Gas experience is preferable.

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