Accounts Payable & Receivable Officer

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.

Location: Oyo

Remuneration: NGN 200,000 - 350,000 Net