Job Vacancy: Account Officer Job at African Foundries Limited

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Job Vacancy: Job title: Account Officer Job at African Foundries Limited

Job description: 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:

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• 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.

Location: Ogun

Job date: Thu, 11 Apr 2024 03:38:12 GMT

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