Account Payable Officer

Job Description

Job Title – Accounts Payable Officer
Location – Ozumba Mbadiwe Ave, Eti-Osa, Lagos 106104, Lagos, Nigeria
Employment Type – Full-time

Job Description
The Accounts Payable Officer ensures management of firm’s Purchase to Pay (P to P) process: Staff claims and Accounts Payable management, Invoicing, Payment Processing, Bank Clearing, Withholding Tax Clearing, Vendor Account Reconciliation, other postings & reconciliations, and any other related assigned tasks.

Responsibilities
Accounts Payable (AP) Management
– Process and manage payment requisitions, including purchase orders, invoicing, goods received vouchers, and all business payment requests.
– Prepare vendor payment schedules, perform creditors reconciliations, and resolve open items and outstanding balances for staff and vendor accounts.
– Complete month-end and year-end procurement accruals, AP invoice accruals, and maintain accurate records of open items and financial summaries.

SAP Vendor management
– Set up new vendors and update existing vendor information in the system.
– Confirm and maintain accurate vendor BRMS (Business Relationship Management System) status.
– Resolve open items and outstanding balances for Accounts Payable (AP) suppliers, including both staff and external vendors.

Other Postings and Reconciliations
– Reallocate postings in purchase requisitions (PR) across multiple service lines and reclassify other costs as required.
– Reconcile and agree general ledger (GL) balances for all trust accounts, providing input for monthly balance sheet reconciliations.
– Manage the closure of purchase orders and purchase requisitions to ensure accurate and up-to-date records.

Any other assigned tasks
– Fixed assets management – Posting, capitalisation and other accounting entries.
Any other finance related tasks

Qualifications
– Possess a Bachelor’s degree (B.A., B.Eng./B. Tech., etc.) or Higher National Diploma (HND) in any relevant discipline with a minimum of Second Class Lower/Lower Credit division.
– Have a minimum of credit in five WASSCE/GCE/NECO Ordinary Level subjects or acceptable equivalent examination, including Mathematics and English Language in one sitting only.
– Fully or Part Qualified Accountant (ICAN, ACCA) and minimum of 2 years relevant experience.
– Proficiency in the use of Microsoft Word, Excel, Outlook, PowerPoint and ERP systems.
– Knowledge of accounting procedures and attention to details.
– Good communication skills (verbal and written) and excellent team player.