Cost and Payable Accountant

3 weeks ago


Lagos, Lagos, Nigeria Maurice Xandra Solutions Full time

JOB SUMMARY:

  • Our client is currently seeking a meticulous and experienced Cost and Payable Accountant who will be responsible for managing supplier balances, payments, transfers, service provider reconciliations, and bank drafts with a strong understanding of financial principles and attention to detail.

KEY ACCOUNTABILITIES

  • Maintain accurate records of supplier balances and transactions.
  • Process supplier payments accurately and in a timely manner, ensuring adherence to payment terms and company policies.
  • Facilitate fund transfers between accounts and entities as required.
  • Reconcile statements from service providers, resolving any discrepancies or issues promptly.
  • Prepare and process bank drafts for payments as necessary.
  • Collaborate with procurement and finance teams to ensure proper coding and allocation of expenses.
  • Monitor and manage cash flow related to payables and ensure sufficient funds for payments.
  • Assist in month-end closing activities related to payables and accruals.

REQUIRED QUALIFICATIONS / EXPERIENCE

  • Bachelor's and or master's degree in accounting, finance, or a related field.
  • Experience working in FCMG
  • Minimum of 7 years of experience in payables management and bank correspondence.
  • Strong knowledge of accounting principles and practices related to payables.
  • Proficiency in using accounting software and Microsoft extensions for data analysis and reporting.
  • Experience in reconciling supplier statements and resolving discrepancies.
  • Excellent attention to detail and accuracy in financial record-keeping and payment processing.
  • Strong communication and interpersonal skills for interacting with suppliers and internal stakeholders.
  • Ability to work independently and prioritize tasks effectively in a fast-paced environment.
  • Familiarity with banking procedures and regulations related to payment processing.


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