BIC Nigeria Accounts Receivable Officer Jobs
BIC Nigeria Accounts Receivable Officer Jobs
Job SummaryMain 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)
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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