Accounts Payable Officer at Sahara Group

Location: Ijora, Lagos

Role Purpose

• The position holder is responsible for providing financial, administrative and clerical support by ensuring payments are completed and expenses are controlled by processing, verifying and reconciling invoices according to established policies and procedures in an efficient, timely and accurate manner.

Responsibilities

• Match vendor invoices with purchase orders and Job completion form. Verify the accuracy of vendor invoices and confirm that the correct general ledger account codes are used.
• Respond to external vendors and internal managers regarding all aspects of the accounts payable process, including processing invoices for payment, recording sales tax, etc.
• Posting of expenses to accounts and cost centres by analysing invoice/expense reports and recording entries.
• Generate payment to vendors on a routine schedule and match the payment batch with backup for review
• Pay vendors by monitoring discount opportunities, verifying tax identification number, resolving purchase order, contract, invoice, or payment discrepancies and documentation.
• Process payment to employees by receiving and verifying expense reports for advances, claims, etc.
• Verify vendor accounts by reconciling monthly statements.
• Report sales taxes by calculating requirements on paid invoices
• Provide accurate and effective records management relative to the AP function in accordance with records retention policies and procedures.
• Review of station and depot expenses and reimbursing thereafter.
• Monitor account balances, track expenses, prepare analyses of accounts and related financial activity to produce monthly financial reports.

Requirements

• A Bachelor's Degree in Accounting, Economics or relevant field
• Must have commenced ICAN examination with Intermediate level passed at a minimum
• At least 1-2 years post NYSC work experience in a similar role.
• Must possess very sound knowledge of basic accounting
• Basic knowledge of taxes and statutory deductions in Nigeria
• Must be able to do simple analysis and interpretation of financial transactions.
• Demonstrate ability to meet deadlines, determine priorities and organize work to meet objectives and identify and deal with problems
• Outstanding attention to detail with an ability to reconcile complex accounts
• Ability to maintain strong relationships with external parties and internal colleagues
• Knowledgeable in IFRS.