Accounts Receivables and Treasury Officer at VURIN Group

The VURIN Group is a diversified portfolio of businesses across various sectors of the oil and gas and infrastructure industries, in Nigeria and beyond, with the primary mission to establish, grow, and manage the most successful group of energy operations and support businesses, in terms of superior shareholder returns, business leadership, and contribution to society.

We are recruiting to fill the position below:

Job Title: Accounts Receivables and Treasury Officer

Location: Lagos  
Job Type: Full-time

The Role

• The Receivables and Treasury Officer is responsible for managing the company’s receivables and ensuring efficient treasury operations.
• The role focuses on invoice processing, collections, bank reconciliations, and cash flow management to ensure optimal working capital.
• This position is vital in maintaining financial accuracy, customer account integrity, and treasury efficiency across all subsidiaries.

What You’ll Do
Receivables Management:

• Generate and issue customer invoices in accordance with contract terms.
• Monitor accounts receivable and ensure timely collections.
• Reconcile customer accounts and resolve billing discrepancies.
• Maintain accurate records of customer transactions and aging reports.
• Follow up with clients on overdue invoices and escalate persistent issues.

Treasury Operations:

• Manage daily cash balances and ensure liquidity across accounts.
• Prepare weekly cash flow forecasts and funding requests.
• Ensure timely banking of all company receipts and deposits.
• Liaise with banks to resolve issues, request statements, and update mandates.

Reporting & Reconciliation:

• Perform regular bank reconciliations and investigate variances.
• Prepare receivables and treasury reports for internal and external stakeholders.
• Support monthly closing by ensuring accurate recording of revenue and cash.
• Assist in audit preparations and provide necessary documentation.

Process Improvement & Compliance:

• Maintain strong internal controls over receivables and treasury processes.
• Ensure compliance with internal financial policies and external regulations.
• Recommend improvements to enhance process efficiency and accuracy.

Requirements
Education:

• Bachelor’s Degree in Accounting, Finance, or a related field.
• ICAN, ACCA or equivalent professional qualification is preferred.

Experience:

• 3-5 years’ experience in accounts receivable and treasury roles in the oil and gas industry.
• Strong experience with ERP systems, reconciliations, and financial reporting.

Knowledge and Proficiency in:

• Accounts receivable and cash management principles
• Financial controls and compliance
• Use of accounting software (e.g., Zoho Books, QuickBooks, or SAP).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online