Account Officer at TRANOS

Job Summary

This role manages and tracks receivables, ensuring timely invoicing and collection as well as monthly reconciliations, addressing discrepancies, and preparing reports for management.  

Job Details

• Keeps records of all payables and ensures payments are processed accordingly
• Maintains accounting ledgers for vendors and ensures accuracy and completeness
• Manages Account payables and provides support to the Engineering team at large
• Performs monthly inventory spot check, quarterly inventory reconciliation, review and manage inventory standalone issuance & receipt, inventory adjustments and follow-up on closure of open items
• Takes commercial responsibility for project analysis by liaising with project managers to optimize project spending
• Prompt processing of vendors’ payment for goods and services rendered
• Weekly & Monthly reporting of company's payables with Manager
• Files approved purchase orders attaching the supporting document
• Assist with the annual inventory count
• Compute, upload and remit WHT
• Review, upload, remit and file the monthly PAYE, VAT on the FIRS portal
• Update prepayment schedule, calculate and upload monthly prepaid expenses on the ERP
• Update the Fixed asset schedule, calculate and upload monthly prepaid expenses on the ERP Review the inventory WIP, Raw materials and WIP to ensure accuracy of data
• Assist with client invoicing and other accounts receivable items
• Compute, reconcile and update the finance charge expenses on the ERP
• Liaise with external auditor for statutory audits
• Review the Journal posting batch to ensure transactions have been posted correctly
• Assist with the review of tax obligation and other tax related activities
• Assist with the processing of pioneer status, their financial projection, and prepare their report for audit and tax purpose
• Assist with the preparation of management accounts
• Review and update the vendor’s deposit GL / account at intervals
• Periodic review of the WHT claimable and assist with WHT related matters
• Prepare the loan amortization schedule

Requirements

• First degree in Accounting, Finance, or a related field
• Minimum of 4 years’ experience
• Experience with ERP or financial management software and inventory accounting
• Strong understanding of tax obligations, accounts receivable management, and compliance
• Strong ability to manage and maintain accurate records of payables, ensuring timely processing and reconciliation
• Proficient in maintaining accounting ledgers for vendors, managing relationships, and ensuring payment accuracy
• Skilled in performing inventory checks, reconciliations, and managing inventory adjustments and open items
• Ability to liaise with project managers and take commercial responsibility for optimizing project expenditures
• In-depth understanding of tax obligations, including WHT, PAYE, and VAT, ensuring accurate computation and
  remittance
• Competent in using ERP systems for updating prepayment schedules, fixed asset schedules, and inventory data
• Experienced in assisting with statutory audits and ensuring compliance with external auditing requirements
• Strong capability in preparing management accounts, financial projections, and weekly/monthly reports
• Meticulous in reviewing journal postings, purchase orders, and financial records to ensure accuracy
• Effective in working with cross-functional teams, including project managers, the engineering team, and external auditors

Benefits

• Competitive Reward Structure
• Career Development Opportunities
• Health and Wellness Benefits
• Safe and Conducive working environment