Junior Account Officer at Feed Avenue Ltd

Main missions 

• Initiating Transactions  
• Bookkeeping 
• Transactional Dashboard 
• Data Analysis 

Details of each mission 

Initiating Transactions  

• Handle the initiation of financial transactions, including processing invoices, purchase orders, and sales orders. 
• Manage accounts payable by processing supplier invoices, verifying and monitoring payment terms, and making timely payments. 
• Handle accounts receivable by issuing customer invoices, tracking and monitoring payment collections, and following up on overdue accounts. 
• Supporting the senior accountant in various financial tasks as required. 
• Handling petty cash management and maintaining related records. 

Bookkeeping 

• Ensure accurate bookkeeping practices by maintaining records of financial transactions, bank statements, and reconciliations. 
• Accounts Payable: Process and manage all payable transactions, including verifying invoices, obtaining approvals, and scheduling payments in a timely manner. 
• Accounts Receivable: Monitor receivables, issue invoices, follow up on outstanding payments, and coordinate with customers for timely collections. 
• Reconciliation: Conduct periodic bank reconciliations and ensure discrepancies are promptly addressed. 
• Assist in the preparation of budgets, forecasts, and financial reports as required. 
• Support the preparation of audit schedules and assist auditors during financial audits. 

Transactional Dashboard 

• Update and maintain daily transactional dashboards, providing real-time insights into financial activities and performance. 
• Expense Management: Track and monitor company expenses, ensuring adherence to budgetary guidelines. 
• Financial Reports: Assist in generating financial reports and statements, providing accurate data for financial analysis and decision-making. 
• Prepare and update daily transactional dashboards to provide real-time financial insights.  
• Participating in the development and improvement of financial procedures and systems 

Data Analysis  

• Analyze financial data, identify trends, patterns, and discrepancies, and provide insights to the finance team. 
• Collaborate with technical regulatory affairs officer to provide necessary documentation and support during audits and inspections by regulatory authorities. 
• Financial Compliance: Ensure compliance with financial regulations and company policies. 
• Collaborate with cross-functional teams to gather financial data and ensure accuracy in financial reporting. 
• Monitor and analyze financial data to identify discrepancies and resolve accounting issues. 
• Assisting with month-end and year-end closing processes. 

Skills required for the position 

Theorical and practical knowledges 

• Bachelor's degree in Accounting, Finance, or a related field.  
• Strong knowledge of accounting principles and bookkeeping practices. 
• Proven working experience as a Junior Account Officer or similar role. 

Technical and methodological know-how 

• Experience in handling ERP systems 
• Proficiency in using Excel spreadsheet. 
• Ability to work collaboratively with cross-functional teams. 
• Excellent communication and interpersonal skills for effective collaboration with team members and stakeholders. 
• Familiarity with financial regulations and compliance requirements. 

Behavioral skills 

• Excellent attention to detail and accuracy in data entry and financial recordkeeping. 
• Strong analytical and problem-solving skills to identify discrepancies and resolve issues. 
• Ability to work independently and prioritize tasks to meet deadlines. 
• High level of integrity and confidentiality in handling financial information 

Salary and allowances 

Fixed salary 

• 100,000 Naira/month 

Allowance 

• 15 000 Naira/month of air-time allowance  
• 20 000 Naira/month of transport allowance  

Equipment Advantages  

• Laptop computer  
• Cell Phone and Sim card