Account Officer

Job Summary

This role manages and tracks receivables, ensuring timely invoicing and collection as well as monthly reconciliations, addressing discrepancies, and preparing reports for management.

Job Details

Take responsibility for all accounts and finance-related activities within the company Keeping records of all payables and ensuring payments are processed accordingly.
Maintaining accounting ledgers for vendors and ensuring accuracy and Completeness
Management of Account payables
Providing support to the Engineering team at large.
Perform monthly inventory spot check, quarterly inventory reconciliation, review and manage inventory standalone issuance & receipt, inventory adjustments and follow- up on closure of open items.
Taking commercial responsibility for project analysis.
Liaising with project officers and managers to optimize project spending.
Prompt processing of vendors’ payment for goods and services rendered.
Weekly & Monthly reporting of company's payables with Manager.
Filing of approved purchase orders attached to the supporting document.
Assist with the annual inventory count
Compute, upload and remit WHT
Review, upload, remit and file the monthly PAYE.
Review, upload, remit and file the monthly VAT on the FIRS portal.
Update the Prepayment schedule, calculate and upload monthly prepaid expenses on the ERP.
update the Fixed asset schedule, calculate and upload monthly prepaid expenses on the ERP Review the inventory WIP, Raw materials and WIP to ensure accuracy of data.
Assist with client invoices and other accounts receivable items. Compute, reconcile and update the Finance charge expenses on the ERP Liaise with external auditor for statutory audits
Review the Journal posting batch to ensure transactions have been posted correctly.
Assist with the review of tax obligation and other tax related activities.
Assist with the processing of pioneer status, their financial projection, and prepare their report for audit and tax purpose.
Assist with the preparation of management accounts.
Review and update the vendor’s deposit GL / account at intervals.
Periodic review of the WHT claimable and assist with WHT related matters
Prepare the loan amortization schedule

Requirements

First degree in Accounting, Finance, or a related field.
Minimum of 4 years’ experience, 1 year in a similar role
Experience with ERP or financial management software and inventory accounting.
Strong understanding of tax obligations, accounts receivable management, and compliance
Strong ability to manage and maintain accurate records of payables, ensuring timely processing and reconciliation.
Proficient in maintaining accounting ledgers for vendors, managing relationships, and ensuring payment accuracy.
Skilled in performing inventory checks, reconciliations, and managing inventory adjustments and open items.
Ability to liaise with project managers and take commercial responsibility for optimizing project expenditures.
In-depth understanding of tax obligations, including WHT, PAYE, and VAT, ensuring accurate computation and remittance.
Competent in using ERP systems for updating prepayment schedules, fixed asset schedules, and inventory data.
Experienced in assisting with statutory audits and ensuring compliance with external auditing requirements.
Strong capability in preparing management accounts, financial projections, and weekly/monthly reports.
Meticulous in reviewing journal postings, purchase orders, and financial records to ensure accuracy.
Effective in working with cross-functional teams, including project managers, the engineering team, and external auditors.

Benefits

Competitive Reward Structure
Career Development Opportunities
Health and Wellness Benefits
Safe and Conducive working environment

About Company

Tranos

https://www.tranos.ng/

A Company