Junior Account Officer at Feed Avenue Limited

Feed Avenue Limited - Founded in 2020, Feed Avenue Limited is a subsidiary of the french company MG2Mix in Nigeria specialized in Health and Nutrition products and services. Feed Avenue operates in import, formulation and distribution processes of premixes and ingredients essential for animal nutrition (Poultry, Swine, Cattle, Fish, Horse and small ruminants). Our mission: Bring to lifestock farmers in Nigeria the guarantee of a unique quality of natural performing products and expertise. Thanks to our team of veterinaries, nutritionists and technicians, we offer to our customers the commitment of personnalized advisory support in the formulation of food, and continuous improvement of the nutritional quality of premix, additives, mineral foods and nutritional specialties tailor-made for the animal sector in Nigeria. We operate over a large part of the Nigerian territory thanks to our regional team. We act responsibly and are committed to our Corporate Social Responsability.

We are recruiting to fill the position below:

Job Title: Junior Account Officer

Location: Abuja

Missions & Activities
Main Missions:

• Initiating Transactions
• Bookkeeping
• Transactional Dashboard
• Data Analysis

Details of Each Mission
Initiating Transactions:

• Handle the initiation of financial transactions, including processing invoices, purchase orders, and sales orders.
• Manage accounts payable by processing supplier invoices, verifying and monitoring payment terms, and making timely payments.
• Handle accounts receivable by issuing customer invoices, tracking and monitoring payment collections, and following up on overdue accounts.
• Supporting the senior accountant in various financial tasks as required.
• Handling petty cash management and maintaining related records.

Bookkeeping:

• Ensure accurate bookkeeping practices by maintaining records of financial transactions, bank statements, and reconciliations.
• Accounts Payable: Process and manage all payable transactions, including verifying invoices, obtaining approvals, and scheduling payments in a timely manner.
• Accounts Receivable: Monitor receivables, issue invoices, follow up on outstanding payments, and coordinate with customers for timely collections.
• Reconciliation: Conduct periodic bank reconciliations and ensure discrepancies are promptly addressed.
• Assist in the preparation of budgets, forecasts, and financial reports as required.
• Support the preparation of audit schedules and assist auditors during financial audits.

Transactional Dashboard:

• Update and maintain daily transactional dashboards, providing real-time insights into financial activities and performance.
• Expense Management: Track and monitor company expenses, ensuring adherence to budgetary guidelines.
• Financial Reports: Assist in generating financial reports and statements, providing accurate data for financial analysis and decision-making.
• Prepare and update daily transactional dashboards to provide real-time financial insights.
• Participating in the development and improvement of financial procedures and systems

Data Analysis:

• Analyze financial data, identify trends, patterns, and discrepancies, and provide insights to the finance team.
• Collaborate with technical regulatory affairs officer to provide necessary documentation and support during audits and inspections by regulatory authorities.
• Financial Compliance: Ensure compliance with financial regulations and company policies.
• Collaborate with cross-functional teams to gather financial data and ensure accuracy in financial reporting.
• Monitor and analyze financial data to identify discrepancies and resolve accounting issues.
• Assisting with month-end and year-end closing processes.

Skills Required for the Position
Theorical and Practical Knowledge:

• Bachelor's Degree in Accounting, Finance or a related field.
• 3 - 7 years work experience.
• Strong knowledge of accounting principles and bookkeeping practices.
• Proven working experience as a Junior Account Officer or similar role.

Technical and Methodological know-how:

• Experience in handling ERP systems.
• Proficiency in using Excel spreadsheet.
• Ability to work collaboratively with cross-functional teams.
• Excellent communication and interpersonal skills for effective collaboration with team members and stakeholders.
• Familiarity with financial regulations and compliance requirements.

Behavioral Skills:

• Excellent attention to detail and accuracy in data entry and financial recordkeeping.
• Strong analytical and problem-solving skills to identify discrepancies and resolve issues.
• Ability to work independently and prioritize tasks to meet deadlines.
• High level of integrity and confidentiality in handling financial information

Salary and Allowances
Fixed Salary:

• N100,000 monthly

Allowance:

• N15,000 monthly of air-time allowance.
• N20,000 monthly of transport allowance.

Equipment Advantages:

• Laptop computer.
• Cell Phone and Sim card.

Application Closing Date
11th August, 2023.