Account Officer at African Foundries Limited

Position 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:

• 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’ experience in a reputable organization.
• Proven experience as an Account Officer or similar role, preferably in a manufacturing environment.
• Strong knowledge of accounting principles and practices.
• Proficiency in accounting software and Microsoft Excel.
• Versatile Knowledge in the use of NavisionSoftware is essential.
• Excellent analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Strong communication and interpersonal skills.
• Attention to detail and accuracy.
• Professional qualification will be added advantage.
• Below 30 years.

Skills / Knowledge Requirements:

• Self-motivation.
• Integrity.
• Business acumen and interest.
• Organizational skills and ability to manage deadlines.
• Team-work ability.
• Communication and interpersonal skills.
• Proficiency in IT (Navisionsoftware).
• Presentation and reporting skills.
• Attention to detail.
• A keen interest in numeracy.