Account Payable Officer Job at Fosad Consulting Limited

Fosad Consulting Limited - Our client, a reputable firm in the Insurance industry, is recruiting to fill the position below:

Job Position: Account Payable Officer
Job Location: Sabo / Yaba, Lagos
Employment Type: Full-time

Job Objective

• Responsible for administering of settlement of accounts and recording of transactions in line with the laid down Processes and procedures.

Job Responsibilities
Finance Operations:

• Reconciliation of assigned Custodian Life Current bank accounts and Domiciliary bank accounts with the cashbook. (Within 3 days of the succeeding month)
• Investigation of reconciling items in the bank reconciliation statement
• Assist in raising all necessary journals to book new entrants and recognizing monthly annuity payments.
• Assist in preparing all supporting schedules for the monthly management account.
• Raising of all necessary journals including bank charges
• Confederal unit budget compilation
• Reconcile all Corporate division claims paid during the period with technical units.
• Processing all tax returns to the regulatory authorities PAYE, WHT, and VAT and ensuring prompt payment and strict compliance.
• Ensure proper filling of all processed vouchers.

Others:

• Submit all required reports to the Head, Payables, Credit Control, and Investment as contained in the deliverable’s checklist of payable Units.
• Bi-monthly reconciliation of Bank Statements as allocated.
• Coordinates quarterly compilation of NAICOM’s return.
• Providing the team with Bank Statements Bi-monthly to enable them to carry out Bank reconciliation exercises.
• Any other task as may be assigned by the Head, Payables, Credit Control, and Investment.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@fosadconsulting.com using the Job Position as the subject of the email.