Nigeria LNG Senior Payment Accountant (Port Harcourt) Jobs in Nigeria

Nigeria LNG Senior Payment Accountant (Port Harcourt) Jobs in Nigeria


Reference Code: FNT/2022/1/E

End Date: 05.01.2023

Company

Nigeria LNG Limited, a world-class company helping to build a better Nigeria, seeks to engage suitable candidates for immediate employment.

Tasks

  • To provide support to the Head, Treasury Back Office in planning, implementing, managing, coordinating and maintaining systems, strategies, operations and policies relating to Treasury payment operations for the NLNG group as related to Foreign currency payment operations for NLNG.

    This will ensure timely and efficient settlement of third party vendors, regulatory agencies, related parties, shareholders and staff; in compliance with the Company’s financial procedures, treasury objectives, contractual terms and conditions.

  • Primarily responsible for all NLNG foreign currency payments.

    Requirements

  • Bachelor’s degree in related discipline at Second Class Lower Division (2.2) and above.

  • Professional Accounting qualification (ACA/ACMA/ACCA) is an added advantage.

  • Minimum of 5 years post-graduation work experience out of which 3 years should have been spent in finance function in a reputable organization.

    Main Accountabilities

  • Generate and execute all qualifying NLNG foreign currency payment activities, including carrying out all risk management practices as documented in the procedures and work instructions, to prevent loss of value to company resulting from fraud and other payment errors.

  • Initiate and manage engagements with counterparties including International House Banks, Accounts Payable, Contracts & Procurement, and Business owners in handling and resolving
    issues / enquiries / queries related to processed invoices and payment execution.

    This ensures that Company only parts with value for goods and services confirmed as received and preventing penalties or charges that may accrue from breach of contractual terms due to late payment.

  • Ensure timely resolution and clearing of outstanding bank reconciliation items, ensuring that open items are properly resolved and adequately disposed of, including the maintenance and update of issues
    logs covering returned payments, re-application of returned payments and all other payment related issues for tracking and reporting.

  • Monitor and facilitate the closure of all audit action items, including internal and external audit items, management letter points and acting as focal for all payment related audit activities.

  • Maintain proper records of transactions and filing of (electronic and hard copy) documents to
    ensure availability and accessibility, when required.

  • Ensure full compliance with all policies and procedures and contractual terms and conditions in the payment process to prevent loss of value through fraud, incorrect / erroneous disbursements on all vendors’ foreign currency payments.

  • Ensure that all vendors foreign currency payments are disbursed by contractual due date (100% for all critical suppliers / regulatory agencies and not less than 95% overall).

    How to Apply

    For more information and job application details, see: Nigeria LNG Senior Payment Accountant (Port Harcourt) Jobs in Nigeria

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