Account Officer Job at ReelFruit

ReelFruit, founded in 2012, is the market leader in the healthy snack category, pioneering the introduction of healthy dried fruit as a snack in the Nigerian market. The company was founded on a mission to build a scalable agribusiness to add value to raw materials locally and produce, package and distribute locally-made snacks that could sit on any shelf in the world!

We are recruiting to fill the position below:

Job Position: Account Officer

Job Location: Yaba, Lagos
Employment Type: Full-time

Job Summary

• The Account Officer is responsible for recording and reconciling financial transactions, managing accounts receivable and payable, preparing financial reports, and ensuring compliance with accounting standards and company policies. 
• The role requires strong analytical skills, attention to detail, and the ability to work in a dynamic and fast-paced environment.

Duties and Responsibilitie
Financial Transactions & Record-Keeping:

• Accurately record and process all financial transactions in Xero accounting software.
• Maintain well-organized records and supporting documents for all transactions.
• Post journal entries and ensure accurate classification.
• Track and process vendor payments in alignment with the cash budget.
• Reconcile customer payments with invoices and maintain up-to-date records.

Accounts Receivable Management:

• Monitor accounts receivable ledger for overdue payments and follow up with customers to ensure timely collection.
• Generate and distribute customer invoices and statements.
• Investigate and resolve discrepancies related to customer payments.
• Develop strategies to reduce aged receivables and improve cash flow.

Bank & Cash Reconciliation:

• Prepare and perform bank reconciliations and ensure accurate financial reporting.
• Handle cash and cheque lodgements into company accounts.
• Manage petty cash and reconcile expenses regularly.
• Monitor and report on daily cash flows.

Financial Reporting & Compliance:

• Assist in the preparation of monthly and quarterly financial reports.
• Maintain the fixed asset register in Xero and ensure accuracy in asset tracking.
• Ensure adherence to financial policies and regulatory requirements.
• Provide necessary documentation for audits and support audit processes.

Inventory & Stock Management:

• Implement effective stock-taking procedures to track purchases and sales.
• Conduct regular inventory counts and reconcile with financial records.
• Identify and report on stock discrepancies.

Budgeting & Forecasting:

• Support the preparation of annual budgets and forecasts.
• Track actuals vs. budget and conduct variance analysis.
• Assist with cost analysis and recommend cost-control measures.

Qualifications and Experience

• B.Sc. / HND in Accounting, Finance, or a related discipline.
• Minimum of 2 – 4 years of experience in accounting or finance roles.
• Experience in a manufacturing or FMCG setting is an advantage.
• Professional certification (ACA, ACCA, or CIMA) is a plus.
• Proficiency in accounting software (Odoo preferred) and Zoho
• Excellent analytical and problem-solving skills.
• Ability to meet deadlines and manage priorities under pressure.
• Solid understanding of financial reporting, general ledger accounting, and reconciliation.
• Strong knowledge and experience in accounts receivable management.
• High level of integrity, accuracy, and professionalism.