Accountant at DAG Industries Nigeria Limited

Job Summary

• The Accountant is responsible for managing the company's outgoing payments and incoming receivables, ensuring accurate financial records, timely payments to vendors, prompt collection of customer payments, and compliance with company policies and accounting standards.
• The role requires strong analytical skills, attention to detail, and the ability to maintain positive relationships with suppliers and customers.

Key Responsibilities
Accounts Payable (AP):

• Process and verify supplier invoices, ensuring accuracy and proper authorization.
• Prepare payment schedules and ensure timely settlement of vendor obligations.
• Reconcile supplier statements and resolve discrepancies promptly.
• Maintain accurate records of all accounts payable transactions.
• Monitor outstanding payables and ensure compliance with agreed payment terms.
• Coordinate with procurement and other departments regarding invoice and payment issues.
• Prepare monthly accounts payable reports and aging schedules.
• Ensure compliance with company policies, tax regulations, and financial procedures.

Accounts Receivable (AR):

• Generate customer invoices and ensure timely billing.
• Monitor customer accounts to ensure prompt payment of outstanding balances.
• Follow up on overdue accounts and coordinate debt recovery activities.
• Reconcile customer accounts and resolve payment discrepancies.
• Maintain accurate records of receipts and customer transactions.
• Prepare accounts receivable aging reports and collection status updates.
• Post customer payments and allocate receipts accurately.
• Support credit control activities and assess customer payment behavior.

General Accounting Duties:

• Perform bank reconciliations and assist with cash flow monitoring.
• Maintain accurate accounting records and supporting documentation.
• Assist in month-end and year-end closing activities.
• Support internal and external audits by providing required documentation.
• Prepare financial reports and schedules as required by management.
• Ensure compliance with accounting standards and regulatory requirements.
• Assist with tax-related documentation and statutory filings.
• Support continuous improvement of accounting processes and internal controls.

Qualifications & Experience

• Bachelor's Degree in Accounting, Finance, or a related field.
• Professional certification such as ICAN, ACCA, or ACA is an added advantage.
• Minimum of 3–7 years of experience in accounts payable and receivable functions.
• Experience using accounting software such as SAP, Oracle, Sage, QuickBooks, Tally, or ERP systems.
• Strong understanding of accounting principles and financial reporting.

Required Skills & Competencies:

• Strong analytical and numerical skills.
• Excellent attention to detail and accuracy.
• Proficiency in Microsoft Excel and financial reporting tools.
• Good communication and negotiation skills.
• Strong organizational and time-management abilities.
• Ability to work independently and meet deadlines.
• High level of integrity and confidentiality.
• Problem-solving and reconciliation skills.