Accounts Payable Officer at Airtel

Job Identification: 524

Job Description

• The Accounts 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 (e.g. CBN, NDIC).
• 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 controls.

Financial Dimensions

• Payment accuracy rate-98%
• Cost control

Other Dimensions:

• Timeliness and accuracy of payment processing
• Number of payment or posting errors
• Vendor and tax compliance rate
• Aging of account payable.