Account Officer Job at African Foundries Limited

Ogun
Permanent
Full-time

18 days ago
Apply easily

African Foundries Limited (AFL) was established to support the accelerating growth in Nigeria by making the country self-reliant for steel rebars and eliminating its dependence on imported rebars. AFL is set up to reach a 0.5 million-ton per year capacity for high strength rebars and allied products.We are recruiting to fill the position below:Job Position: Account OfficerJob Location: Ogijo, Ogun
Employment Type: Full-timePosition Overview

We are seeking a highly skilled and experienced Account Officer with a strong background in manufacturing to join our team.
The ideal candidate will be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with accounting standards and regulations within a manufacturing environment.
The Account Officer will play a crucial role in maintaining accurate financial records and providing insights to support strategic decision-making.

Key Responsibilities
Financial Management:

Manage accounts receivable and accounts payable processes.
Monitor cash flow and ensure timely payments to suppliers and vendors.
Perform bank reconciliations and manage petty cash transactions.
Maintain accurate and up-to-date financial records using accounting software.

Budgeting and Forecasting:

Assist in the preparation of annual budgets and forecasts.
Monitor budget variances and provide analysis to management.
Identify opportunities for cost optimization and efficiency improvements.

Financial Reporting:

Prepare monthly, quarterly, and annual financial statements.
Analyze financial data and provide insights to support decision-making.
Ensure compliance with accounting standards and regulations.

Inventory Management:

Collaborate with the production team to manage inventory levels.
Conduct periodic inventory audits and reconcile discrepancies.
Monitor inventory valuation and provide recommendations for adjustments.

Cost Analysis:

Analyze manufacturing costs and identify areas for cost reduction.
Work closely with the operations team to optimize production processes.
Provide cost estimates for new products or projects.

Stakeholder Communication:

Communicate financial performance and key metrics to stakeholders.
Collaborate with cross-functional teams to achieve organizational goals.
Provide financial insights and recommendations to support decision-making.

Requirements

Bachelor's Degree in Accounting, Finance, or related field. CPA qualification preferred.
Minimum of 3 years of experience in a reputable organization.
Proven experience as an Account Officer or similar role, preferably in a manufacturing environment.

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