Assistant Account Payable Manager (TGI Mart)

Assistant Account Payable Manager (TGI Mart) at TGI Distri Limited (TGI Group Company)

TGI Distri Limited, established in 2017, aims to create a world-class distribution, marketing, and logistics organization in Nigeria. We focus on connecting TGI brands with the Nigerian consumer through effective management of sales, marketing, and logistics for TGI Companies in the consumer sector.

Job Objectives:

The Assistant Account Payable Manager will ensure the efficient management and smooth operation of the Accounts Payable unit. The role involves handling payment processing, providing reports for management decisions, and supporting various accounting functions.

Key Responsibilities:

1. Invoice Management:
   • Review all invoices for proper documentation and approval before payment.
   • Enter and upload invoices into the system, posting transactions to journals, ledgers, and other records.
2. Account Monitoring and Reporting:
   • Monitor accounts to ensure payments are up to date.
   • Generate reports on VAT and WHT requirements for paid invoices.
   • Produce monthly financial reports and assist with month-end closing tasks.
3. Expense Tracking:
   • Track expenses and process expense reports for floats, travels, and staff/vendor advances.
4. Reconciliation and Communication:
   • Reconcile accounts payable transactions, including vendor statements.
   • Maintain liaison with suppliers to ensure prompt payments and up-to-date accounts.
   • Regularly communicate with internal and external clients regarding payment matters.
5. Documentation and Compliance:
   • Maintain thorough and accurate files and documentation in accordance with company policy and accepted accounting practices.
   • Provide supporting documentation for audits and comply with legal requirements, such as tax laws.
6. Payment Processing:
   • Process payment documents in accordance with internal procedures and policies.
   • Handle freight payments and third-party payments, ensuring they are released within stipulated timelines.
7. Support Functions:
   • Provide data for working capital forecasting for vendors and creditors.
   • Perform other duties as required to support the department.

Qualifications and Key Requirements:

• Education:
  • Bachelor’s Degree in Finance, Accounting, or a related field.
• Experience:
  • 4 – 8 years of experience in accounts payable or general accounting procedures.
  • Knowledge of NAVISION or a similar system is advantageous.
• Certifications:
  • Professional certification in ACCA, ICAN, or equivalent.
• Skills:
  • Proficient in data entry and management.
  • Strong skills in MS Excel, Word, and PowerPoint.
  • Detail-oriented with strong organizational skills.
  • Good written and verbal communication skills.
• Attributes:
  • Leadership qualities and initiative.
  • Ability to meet deadlines and multitask.
  • Open to change and willing to learn new skills.
  • Self-driven, hardworking, and a good team player.