ACCOUNT RECONCILIATION & RECEIVABLES OFFICER AT INVENT ALLIANCE LIMITED | JOBS IN LAGOS

About Company:

Invent Alliance Limited is a company specialized on creation of multi sector and multi discipline business platform with specialist partnerships for value co-creation in each of the different business segments through modern co-petition business principles.

Job Description:

Invent Alliance Limited is seeking a reliable and thorough Account Reconciliation & Receivables Officer to maintain the financial integrity of our growing bakery operations. In this role, you will be the guardian of our cash flow, ensuring that every loaf sold is accounted for and every kobo is accurately deposited. This position requires a "detective" mindset to spot discrepancies between sales and bank records, and a "firm but professional" approach to managing customer debt. If you are a detail-oriented problem solver who thrives on clean ledgers and financial accountability, we want to hear from you.

Requirements:

1. Daily Revenue Reconciliation

• Transaction Matching: Perform daily audits of sales records against cash on hand, POS settlements, and bank transfers.

• Discrepancy Investigation: Identify, investigate, and flag any shortages or overages immediately to prevent revenue leakage.

• Deposit Verification: Confirm that all physical cash collected from sales points is fully deposited and reflected in the company bank statements.

2. Receivables & Credit Management

• Collections Tracking: Monitor outstanding customer balances and lead proactive follow-up efforts to ensure timely collections.

• Ageing Analysis: Provide regular Receivables Ageing Reports to management, highlighting overdue accounts and potential bad debts.

• Ledger Maintenance: Maintain accurate, up-to-date customer and supplier ledgers, ensuring all credits and debits are applied to the correct accounts.

3. Collaboration & Internal Control

• Cross-Functional Support: Work closely with the Sales, Inventory, and Procurement teams to validate that product delivery matches financial records.

• Fraud Prevention: Strictly adhere to financial policies and act as a sentinel for the company, escalating any suspected fraud or procedural anomalies immediately.

• Audit Readiness: Maintain organized, clear, and "audit-ready" digital and physical files for all transactions.

4. Performance Reporting

• Data Visualization: Generate clear daily, weekly, and monthly reports on reconciliation status and receivables performance.

• Excel Management: Utilize advanced Excel functions to automate data sorting and identify trends in payment delays or sales gaps.

Qualifications and Skills:

Education & Experience

• Academic Background: OND/HND/B.Sc. in Accounting, Finance, or a related field.

• History: 1–2 years of relevant experience, preferably within the FMCG, Retail, or Bakery sectors where high-volume cash transactions are common.

• Software Proficiency: Strong proficiency in Microsoft Excel and experience with basic accounting software (e.g., QuickBooks).

Core Competencies

• Numerical Accuracy: A keen eye for numbers with a relentless focus on detail.

• Integrity: High level of honesty and a proven track record of financial accountability.

• Independence: Ability to manage high-pressure reconciliation tasks with minimal supervision.

• Location: Must reside within Ajah, Sangotedo, or nearby environs to ensure reliable attendance.

Salary

Application Closing Date: Not specified

Application Instructions:

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