Karbak Ventures Limited (ISO NG19/90729) is an Engineering, Procurement and Construction Company, with approximately two decades’ experience in Electro- Mechanical Projects for FMCG companies in West and East Africa. We have vast experience with plant/equipment installation of numerous sizes and complexity and we pride ourself in the vast capacity built over the years in providing design, procurement and installation supports to numerous FMCG firms such as Coca Cola, Nigeria Breweries, Guinness, Friesland, PZ Wilmar, Murzah Wilmar (Tanzania), Kasapreko (Ghana), etc. and supports for OEMS such Sidel, KHS, Krones, Pentair.

We are recruiting to fill the position below:

Job Title: Account Officer

Location: Lagos
Employment Type: Full-time

Job Responsibilities
Financial Management:

• Manage accounts receivable and accounts payable for assigned projects or clients
• Process invoices, payments, and receipts in a timely and accurate manner
• Reconcile account balances and resolve discrepancies

Project Accounting:

• Track project-specific expenses and revenues
• Assist in preparing project financial reports and forecasts
• Collaborate with project managers to ensure accurate financial tracking

Budgeting and Forecasting:

• Assist in preparing project budgets and financial forecasts
• Monitor actual expenses against budgeted amounts
• Report variances and suggest corrective actions

Compliance and Reporting:

• Ensure compliance with company financial policies and procedures
• Prepare regular financial reports for management
• Assist in gathering data for audits and financial reviews

Cash Flow Management:

• Monitor cash flow for assigned projects or accounts
• Coordinate with management on cash flow forecasting
• Implement strategies to improve cash flow, such as following up on overdue payments

System Management:

• Maintain accurate records in the company’s financial management system
• Utilize ERP systems for project accounting and financial tracking
• Suggest improvements for financial processes and systems

Inter-departmental Collaboration:

• Work closely with project managers, procurement teams, and other departments
• Provide financial insights to support decision-making across the organization
• Participate in cross-functional meetings to align financial activities with project goals

Professional Development:

• Stay updated on industry-specific accounting practices and regulations
• Participate in relevant training and development programs
• Contribute to the continuous improvement of the accounting department’s processes.

Application Closing Date
26th September, 2024.