Account Payable Officer at Smartcash PSB

About the Role

• The Account Payable Officer is responsible for managing and processing the company’s outgoing payments in an accurate, timely, and compliant manner. This includes verifying vendor invoices, preparing payment schedules, reconciling accounts, as well as maintaining strong internal controls to support Smartcash PSB’s financial integrity and regulatory compliance. 

Responsibilities

• Review and process all vendor invoices, staff retirements, and payment requests in line with internal policies and regulatory requirements. 
• Ensure timely and accurate preparation of payment vouchers, bank transfers, and cheques. 
• Maintain the accounts payable ledger, ensuring proper classification and documentation of all expenses. Reconcile vendor statements and resolve any discrepancies with suppliers and internal departments. 
• Assist in month-end and year-end closing activities, including accruals and audit schedules. 
• Monitor compliance with approved budgets and escalate variances where necessary. 
• Collaborate with procurement and other departments to ensure proper documentation and approvals. 
• Maintain proper records of withholding taxes and ensure timely remittance to FIRS and relevant state tax authorities. 
• Support internal and external audits by providing required documentation. 
• Participate in process improvements to increase efficiency and strengthen internal control.

Qualification

• Bachelor’s degree in accounting, finance, or a related field. 

Relevant Experience

• Minimum of 2–4 years’ experience in accounts payable or general accounting, preferably within a financial institution or fintech.
• Experience in a PSB, microfinance, or digital bank is an advantage.

Skills

• Strong knowledge of accounting principles and financial reporting. 
• Familiarity with CBN regulatory framework and PSB-specific accounting requirements. 
• Proficiency in accounting software (e.g. SAP, Oracle, QuickBooks) and Microsoft Excel. 
• Integrity and ability to handle sensitive financial information confidentially. 
• Knowledge of Nigerian tax laws, including WHT and VAT.
• Excellent attention to detail and organizational skills. 
• Good interpersonal and communication skills.