Account Reconciliation Officer Job at Propetrol Limited

Propetrol Limited is recruiting suitably qualified candidates to fill the position below:

Job Position: Account Reconciliation Officer
Job Location: Lekki, Lagos
Employment Type: Full-time

Job Overview

• We are seeking a highly meticulous and analytical Account Reconciliation Officer to join our Finance team.
• The successful candidate will be responsible for end-to-end account reconciliation, including managing receivables and payables, performing timely bank and cash reconciliations, supporting invoicing accuracy, and driving efficiency in collections and payment workflows.
• This role is critical to ensuring financial accuracy, regulatory compliance, and process integrity across the finance function. Additionally, the officer will be responsible for monitoring and reporting daily foreign exchange rates to support financial planning and decision-making.

Key Responsibilities

• Reconcile customer accounts and supplier statements, investigating and resolving discrepancies in a timely manner.
• Monitor accounts receivable and ensure prompt follow-up on outstanding invoices to maintain healthy cash flow.
• Process and reconcile accounts payable transactions, ensuring accurate vendor records and timely disbursements.
• Maintain up-to-date records of foreign exchange rates and provide daily updates to relevant stakeholders to inform finance operations and reporting.
• Collaborate with cross-functional teams to improve the efficiency of billing, collections, and payment processes.
• Prepare and submit daily AR reports with high accuracy and support monthly financial closing activities.
• Perform daily, weekly, and monthly bank and cash account reconciliations, ensuring alignment with the general ledger.
• Ensure the accuracy of invoice generation by conducting pre- and post-invoice validation checks, reducing billing errors and disputes.
• Ensure compliance with internal controls, credit policies, and invoice approval workflows.
• Contribute to the digitization of finance processes, including promoting the adoption of electronic payment systems and reconciliation tools.
• Participate in finance-related training programs and stay updated on best practices in reconciliation, AR/AP management, and regulatory compliance.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 2 years of relevant work experience in account reconciliation or accounts receivable.
• Professional certification such as ICAN, ACCA, or equivalent is desirable.
• Strong understanding of financial systems, credit control, and reconciliation processes.
• High level of proficiency in Microsoft Excel and accounting software.
• Strong analytical, problem-solving, and organizational skills.
• Excellent written and verbal communication abilities.
• Experience in oil and gas, energy, or related industries is an added advantage.

Salary
N200,000 - N500,000 Monthly.