Accounts Payable Officer at ReelFruit

Job Summary

• As an Accounts Payable Officer, you will be responsible for ensuring the accurate and timely processing of invoices and payments while maintaining strong relationships with vendors. 
• You will also be in charge of the petty cash. 
• Your role will be integral in supporting the financial operations of the company and ensuring compliance with internal policies and procedures.

Duties and Responsibilities
Accounts Payable Management:

• Accurately process vendor invoices, ensuring proper documentation and approvals.
• Manage and reconcile vendor accounts, promptly resolving discrepancies or disputes.
• Monitor accounts payable transactions, ensuring accuracy and compliance with IFRS and regulatory requirements.
• Ensure timely and accurate payments to vendors while maintaining strong supplier relationships.
• Process and reconcile staff expense reimbursements in line with company policies.
• Assist with tracking and execution of bank-related instructions, including payment follow-ups.

Petty Cash Management:

• Oversee Lagos and regional petty cash disbursement, ensuring proper authorization and documentation.
• Reconcile petty cash accounts and resolve discrepancies in a timely manner.
• Monitor cash flow and ensure funds are available for operational needs.

Reconciliation & Reporting:

• Perform periodic reconciliation of vendor statements, accounts payable records, and bank transactions.
• Assist in preparing financial reports, including monthly and quarterly accounts payable summaries.
• Support internal and external audits by providing necessary documentation and explanations.

Compliance & Internal Controls:

• Ensure all financial transactions comply with tax laws, regulatory requirements, and internal policies.
• Maintain accurate records of financial transactions and supporting documents.
• Identify and implement process improvements to enhance efficiency and reduce operational costs.

Qualifications, Experience & Requirements

• Bachelor’s Degree or HND in Accounting, Finance, or other related fields.
• Professional certificate (e.g. ACA, ACCA, & CIMA) is an added advantage.
• 1-2 years of experience in accounts payable, preferably in a manufacturing or food processing environment.
• Strong understanding of accounting principles and practices
• Proficiency in accounting software and MS Office Suite, especially Excel
• Excellent attention to detail and accuracy
• Strong organizational and time management skills
• Effective communication and interpersonal skills
• Ability to work independently as well as part of a team.