Key Responsibilities
Processing of suppliers / vendor invoices for payment
Maintaining the creditors' schedule
Ensure daily/weekly collection of Bank statements and confirmation of cheques
Manage all forms of payment (internet banking, Remita, interswitch etc)
Keeping the financials documents organized and filed
Detect and eliminate errors in payment request
Confirm all retirement before another cash advance is processed for a staff
Ensure posting of items received by the store into appropriate Trade Creditor's account
Verify all intercompany transactions across businesses - review and sign off on all intercompany transactions across the divisions
Confirm on monthly basis that charges on COT and Interest are in line with the agreed rate.
Perform any other related duties from time to time.
Key Performance Indicators
Outputs / Frequency:
Daily Cash Position / Daily (12 noon)
Review of Bank Reconciliation Statements / Weekly (WD 2)
Bank Charges/Interest Verification Report / Monthly (WD 5)
Report on Fixed Deposit / Monthly (WD 5)
Treasury Sectional Report / Monthly (WD 5).
Educational Qualifications / Experience
University Degree or HND Accounting, Finance or related discipline
Minimum of 1 years post professional qualification experience.
Skills, Competencies and Requirements:
Functional Competencies/Requirements:
Skill to improve risk management through reduction/transparency of cash balances
Banking transaction execution and settlement skill
Cash and investment reporting skill
Compliance to audit observation as to the segregation of duties with reference to back office functionality of recording transactions through a systematic driven authorization/execution process.
General Management Competencies / Requirements:
Strong Oral and Written Communication skills
Good Presentation Skills
Relationship Management
Strong Problem solving skills
Ability to plan, schedule and coordinate effectively.
Desired Personal Attributes:
Integrity
Proactive self-starter
Assertive and tenacious
Ability to work with little or no supervision
Ability to work with all levels of management, build partnerships and teams
Highly organized and able to adapt quickly to changing priorities
Ability to cope with and work under pressure.