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1 day ago
Account Officer
Job Location: Lagos
Employment Type: Full-time
Job Responsibilities
Financial Management:
- Manage accounts receivable and accounts payable for assigned projects or clients
- Process invoices, payments, and receipts in a timely and accurate manner
- Reconcile account balances and resolve discrepancies
Project Accounting:
- Track project-specific expenses and revenues
- Assist in preparing project financial reports and forecasts
- Collaborate with project managers to ensure accurate financial tracking
Budgeting and Forecasting:
- Assist in preparing project budgets and financial forecasts
- Monitor actual expenses against budgeted amounts
- Report variances and suggest corrective actions
Compliance and Reporting:
- Ensure compliance with company financial policies and procedures
- Prepare regular financial reports for management
- Assist in gathering data for audits and financial reviews
Cash Flow Management:
- Monitor cash flow for assigned projects or accounts
- Coordinate with management on cash flow forecasting
- Implement strategies to improve cash flow, such as following up on overdue payments
System Management:
- Maintain accurate records in the company’s financial management system
- Utilize ERP systems for project accounting and financial tracking
- Suggest improvements for financial processes and systems
Inter-departmental Collaboration:
- Work closely with project managers, procurement teams, and other departments
- Provide financial insights to support decision-making across the organization
- Participate in cross-functional meetings to align financial activities with project goals
Professional Development:
- Stay updated on industry-specific accounting practices and regulations
- Participate in relevant training and development programs
- Contribute to the continuous improvement of the accounting department’s processes.
Application Closing Date: 26th September, 2024.