BIC Nigeria Accounts Receivable Officer Jobs

BIC Nigeria Accounts Receivable Officer Jobs

Job Summary

Main Purpose:

  • Timely receipt of customer payments in Sage as per the remittance advice and in compliance with financial policies and procedures

  • Weekly reconciliation of customer receipts and ensuring that there no unallocated receipts at the end of the month.

  • Monthly circulation of account statement to Finance Manager

  • Ensuring monthly reconciliation of all key customers.

  • Generating weekly sales status report and Z reports that reconcile to the monthly sales

  • Ensure that customer credit limit is strictly adhered to and in accordance with the company policy

  • Monthly preparation of customers Days Sales Outstanding (DSO) reports

  • Maintain account receivable files customer files and records.

  • Ensuring queries on receivables are addressed in a timely manner

  • Ensuring that GL fully reconciles with AR sub-ledger

  • Assist FM in the preparation of weekly and monthly customer aging reports.

  • Weekly review of AR aging to ensure compliance

  • Weekly cash forecasting of customer payments

  • Monitor customer account details for non-payments delayed payments and other irregularities.
    ICO’s are completed accurately and timeously i.e. day 3 for AR. Items older than 3 months are resolved;

  • Ensures that company internal control policies and procedures are being adhered to, drives process improvements throughout the company, implement

  • Highest Priorities and Key Control changes as required by Internal Audit Report

  • Liaise with external auditors, assist FM in preparation of audit requirements, participate in annual audit stock count

  • Implementation of external audit recommendations

  • Ensure strict adherence to the company credit policy.

  • Assist in ad-hoc project management as and when required by the FM

    Key Performance Indicators:

  • General ledger integrity - Ensuring GL is in tandem with sub-ledger

  • Successful implementation and adherence to internal controls and external audit and IT recommendations;

  • Timely processing of vendor’s invoice
    Real-time posting of customer receipts in Sage
    Effective management of AP and resolution of claims and queries;

  • No discrepancies in ICO's;
    100% reconciliation for key customers

  • Accuracy and completeness of AR cash forecast


  • Minimum 3 years prior work-related experience within a busy finance department.

  • FMCG experience will be added advantage
    Computer Literacy - Experience in Microsoft Suite (MS Word, Excel Advanced a must, Outlook, and PowerPoint)

    Other Requirements:

  • Planning / Prioritizing (Practical Management) - The capacity to break down a large task into subtasks or sub-goals, anticipate obstacles and evaluate alternatives.

  • Includes needs identification (recognizing gaps between the current situation and desired outcome).

  • Organizing (Practical Management) - The capacity to define tasks needed to accomplish goals and assign and coordinate people, tasks, and resources to ensure an efficient flow of work.

  • Initiative (linked to achievement motivation) - An individual’s readiness to act on opportunities and pursue goals beyond what’s required or expected of them. Sets demanding goals for self and others and is dissatisfied with average performance.

  • Rule - Orientation (Achievement Through - Conformity) - The ability to achieve results following rules and procedures.

  • Excellence Orientation (Concern For High-Quality Work) - Follow-through; the motivation to ensure the highest standards of quality and productivity are consistently maintained (linked also to detail

  • Reliability (Linked To Time Management) - The orientation towards being conscientious in sticking to deadlines and completing jobs within fixed schedules or routines.

  • Achievement Through Independence - The capacity to work independently; linked to the motivation to achieve through one’s own efforts and be able to attribute success clearly to personal causation.

    How to Apply

  • For more information and job application details, see; BIC Nigeria Accounts Receivable Officer Jobs

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