Account Receivable Officer at Lifebank

LifeBank is a technology company that powers hospitals and care centers to deliver quality healthcare to patients in emerging markets. The company’s technology, infrastructure, agile production, and distribution networks enable hospitals in emerging markets to catch up with their global peers. The company has distributed 45,000+ medical products to 1000+ healthcare facilities, saving 18,000+ lives across Nigeria, Ethiopia and Kenya. At LifeBank, we are the technology-led healthcare system for the future.

We are recruiting to fill the position below:

Job Title: Account Receivable Officer

Location: Onipanu, Lagos
Employment Type: Full-time
Department: Finance
Reports To: Finance Manager

Job Summary

• The Accounts Receivable Officer is responsible for managing the company’s receivables, ensuring timely invoicing, collections, and accurate recording of customer payments.
• The role plays a critical part in maintaining healthy cash flow and supporting the financial stability of the business.

Key Responsibilities
Invoicing & Billing:

• Prepare, review, and issue accurate invoices to customers in a timely manner
• Ensure invoices align with contracts, pricing agreements, and service delivery records
• Maintain up-to-date customer billing information.

Collections & Follow-up:

• Monitor accounts to ensure payments are received as per agreed terms
• Follow up with customers on overdue invoices via calls, emails, and formal reminders
• Escalate delinquent accounts in line with company policy.

Reconciliation & Reporting:

• Reconcile customer accounts and resolve billing discrepancies
• Post and allocate customer payments accurately
• Prepare aging reports and receivables analysis for management review.

Customer & Internal Coordination:

• Serve as the primary point of contact for receivable-related customer inquiries
• Work closely with Sales, Operations, and Customer Success teams to resolve disputes
• Support audits by providing receivables documentation and explanations.

Compliance & Controls:

• Ensure adherence to internal controls, approval processes, and financial policies
• Maintain proper documentation for all receivable transactions
• Support process improvements to enhance collections efficiency.

Key Performance Indicators (KPIs)

• Days Sales Outstanding (DSO)
• Percentage of overdue receivables
• Accuracy and timeliness of invoicing
• Collection success rate.

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• 2–4 years’ experience in Accounts Receivable or a similar finance role
• Strong knowledge of invoicing, collections, and account reconciliation
• Proficiency in accounting software and Microsoft Excel
• Good understanding of basic accounting principles.

Skills & Competencies:

• Strong attention to detail and accuracy
• Excellent communication and negotiation skills
• Good organizational and time-management abilities
• High level of integrity and confidentiality
• Ability to work with minimal supervision.

Preferred Qualifications (Optional):

• Experience in healthcare, logistics, or fast-growing startups
• Knowledge of Nigerian tax and billing regulations
• Professional certification (ICAN/ACCA – in progress or completed).

Work Ethic & Values:

• Results-driven and accountable
• Professional and customer-focused
• Collaborative and proactive
• Comfortable working in a fast-paced environment.

Salary
N300,000 - N350,000 monthly. 

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV or resume to: team@lifebank.ng using the Job Title as the subject of the email.