Treasury and Receivables Account Officer at Workforce Group

Workforce Group – Our client, a leading battery recycling company, is recruiting to fill the position below:

Job Title: Treasury and Receivables Account Officer

Location: Lagos

Employment Type: Full-time

Job Summary

• The Account Officer – Treasury and Receivables will be responsible for reviewing and keeping track of budgets within the organization, collect, deposit, and keep track of funds, write cheques, and provide financial reports.
• The Account Officer is also responsible for reconciling bank statements, sales invoices and the related shipping documents.

Job Responsibilities
Management of Company bank account:

• Ensure the efficient management of company’s bank accounts.
• Ensure the company’s banking operations; seeing to it that all funds are appropriately banked ensuring efficiency and returns.
• Carry out Bank Reconciliation Statement of all our bank transactions.
• Ensure conformity of company’ bank account with IFR Standards. Reconciling of bank statements against the GL, and clearing accounts assigned.

Cash and Cashflow:

• Collate all approved payments, prepare daily, weekly, monthly Cash Plans and communicate the cash for Management decision making.
• Communicate the Cash Plans to the prospective units to manage communication with the vendors
• Take care of the cash management system of the company and their payment mechanism.

Petty Cash Management & Cash Management:

• Maintain petty cash funds and track all the disbursements.
• Ensure timely posting of the disbursement into the ERP.
• Track staff cash advance and ensure retirement within 48hours, hence, communicate deduction to HR for the number of default at official rate per day of default.

Loan Management:

• Get all the details and covenants on the loan documented to ensure we are meeting the conditions and also the repayment.
• Maintain the loan schedule to capture the principal repayment and the accrued interest.
• Loan profitability.
• Create plan from the cashflow to put aside the loan amounts at least 1 month before its due 5. Responsible for interest and debt analysis, with provision of relevant information and report.

NXPs:

• Prepare NXPs and follow through to completion of the shipment process
• Manage the NXP balances with the banks. Ensure the inflows are matched to close out the NXP balances
• Keep track of the dates and status of the NXPs. Where an NXP was not used, write to the bank to extend the dates.

Regulatory Compliance:

• Ensure treasury regulations are in compliance with established standards
• Ensure the robust and efficient tax planning and filing with the relevant bodies
• Responsible for following up on financial proceedings, and ensuring tasks are completed on schedule.
• Practice confidentiality and abide by the local, state, and federal financial laws and regulations.
• Maintain and manage all financial records, spreadsheets, and registers
• Perform any other duties as assigned.

Requirements

• Solid understanding of basic accounting principles, cashflow and record keeping
• Hands-on experience in operating spreadsheets and accounting software (ERP) – Odoo.
• Proven ability to calculate, post and manage accounting figures and financial records
• Excellent organizational skills regarding documentation and file or record-keeping
• Exceptional ability to communicate complex financial information
• Problem solving and Critical thinking skills
• Strong verbal and visual financial reporting skills 8. Substantial value for ethics and trustworthy operations.

Reports:

• Weekly and Monthly Bank Reconciliation.
• Daily, Weekly and Monthly Cash Plan
• Track cash advance
•  Loan Repayment Schedule
• Loan Profitability Report
• Cashflow – always updated to reflect present realities.

Salary
N250,000 -N300,000 Monthly Gross.

Application Closing Date
5th November, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.