ENYO Retail is a customer-focused, technology-driven, fuels retailing company. Poised to deliver best-in-class retail experiences, leveraging complimentary brands and optimized returns to investors. Poised to challenge some of the key tenets of Nigeria's fuels retailing industry, ENYO retail is founded on the premise that the customer is the most important f...
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Responsible for monitoring cash flow in the company, managing bank accounts, maintaining financial records, performing banking operations, providing financial advice to the company and handling the cash management system.
Principal Duties and Responsibilities
Create procedures and policies that ensure timely payments while maintaining a high level of customer retention
Send out monthly customer account statement and follow up on acknowledgment within stipulated time.
Identify changes in customers’ payment pattern and propose action to avert indebtedness to the company and negotiate re-payment plan
Evaluate new credit requests and review customers’ credit rankings with banks
Produce weekly aging analysis of debtor
Set up terms and conditions of the receivable and payable balances
Ensure timely payment of outstanding customer invoices.
Ensure zero impairment on receivable balance
Confirm receipt, allocate and reconcile payments to customers’ accounts
Ensure all relevant credit notes on sales invoices are duly raised and approved
Resolve queries both internal and external around outstanding invoices
Handle disputed bills and negotiate to bring payment within the agreed terms
Post and allocate daily receipts to accounting systems
Key Performance Indicators:
Timely submission of all assigned reports
Interpersonal skills in liaising with the banks and other stakeholders
Must manage bank relationships to drive excellent service
Ensure accuracy of data for monthly management reports
Quality of work must reflect professionalism and deep aspirations for best practice.
Minimum of a Bachelor's degree in Accounting, Banking, Finance or related field.
Post Graduate degree in Accounting and Auditing. ACA/ACCA preferable.
Knowledgeable of local tax regulations
Outstanding attention to detail with an ability to reconcile complex accounts
Accurate, efficient and organised with the ability to prioritise tasks as needed
Knowledge and experience of Microsoft Office and accountancy software
Ability to maintain strong relationships with external clients and internal colleagues
Professional, confident and diplomatic when liaising with others
High-volume transaction experience in a Dynamics or similar environment Knowledgeable in IFRS.