POSITION:               Treasury & Accounts Receivables Officer

QUALIFICATION:     First Degree in Accouting and Finance 

EXPERIENCE:         Not less than two (2) years in same or similar position with a good understanding of IFRS

DEADLINE:              Two (2) weeks from date of publication 

DUTIES: 

    Treasury Responsibilities

Issue receipts for cheque or bank transfers payments by customers and ensure customers’ accounts are credited on a timely basis. Issue receipts for cash refunds from employees and ensure employee account and or respective general ledger accounts are credited on a timely basis. Lodge daily cheque collections from customers or cash refunds by employees into the company’s bank account. Is responsible for completing daily cash report and journals for receipts of cheques and cash banked at the end of every day. Assist with preparation of payment vouchers and cheques for payments Participates in  recording / posting of vendor payments (approved payment vouchers) in Navision. Is in charge of filing of cash receipts, payment and journal vouchers in a timely manner

 

Receivables Responsibilities

Is responsible for daily review of customer accounts, ensuring application of customer payments to invoices Follows up with sales team on unidentified receipts on bank statements for issuing of receipts in respective customer accounts   Supports with retrieving documents (VAT withholding and WHT certificates from customers) and updates the customers’ accounts with the documents received. Performs weekly reconciliation of all customer accounts, identifying what makes up the balances on the accounts Performs monthly reconciliation of Receivables sub-ledger to GL. Send quarterly confirmation of receivables balances for top 20 customers. Sends periodic updates to customers before invoices are due for payment and follows up with customers to prevent overdue receivables Supports Financial Control, Hedging and Credit Manager with update of internal procedures are in line with corporate and IFRS. Perform monthly reconciliation of Spare parts schedule (sub-ledger) vrs General Ledger. Supports Financial Control, Hedging and Credit Manager with Receivables aging and provisions and metal reporting. Assists with retrieval of documents requested by third parties (other departments, auditors and tax officers) Assists with month end closing activities Supports in Daily T reporting Any other duties as may be assigned by superiors