Accounts Receivables and Treasury Officer

The Role:

The Receivables and
Treasury Officer is responsible for managing the company’s receivables and
ensuring efficient treasury operations. The role focuses on invoice processing,
collections, bank reconciliations, and cash flow management to ensure optimal
working capital. This position is vital in maintaining financial accuracy,
customer account integrity, and treasury efficiency across all subsidiaries.

What you’ll do:

Receivables Management

• Generate and issue customer
  invoices in accordance with contract terms.
  
• Monitor accounts receivable and
  ensure timely collections.
  
• Reconcile customer accounts and
  resolve billing discrepancies.
  
• Maintain accurate records of
  customer transactions and aging reports.
  
• Follow up with clients on overdue
  invoices and escalate persistent issues.
  

Treasury Operations

• Manage daily cash balances and
  ensure liquidity across accounts.
  
• Prepare weekly cash flow forecasts
  and funding requests.
  
• Ensure timely banking of all
  company receipts and deposits.
  
• Liaise with banks to resolve
  issues, request statements, and update mandates.
  

Reporting &
Reconciliation

• Perform regular bank
  reconciliations and investigate variances.
  
• Prepare receivables and treasury
  reports for internal and external stakeholders.
  
• Support monthly closing by ensuring
  accurate recording of revenue and cash.
  
• Assist in audit preparations and
  provide necessary documentation.
  

Process Improvement
& Compliance

• Maintain strong internal controls
  over receivables and treasury processes.
  
• Ensure compliance with internal
  financial policies and external regulations.
  
• Recommend improvements to enhance
  process efficiency and accuracy.
  

Requirements

Education:

• Bachelor’s degree in Accounting,
  Finance, or a related field.
  
• ICAN, ACCA or equivalent
  professional qualification is preferred.
  

Experience:

• Minimum of 3 -5 years’ experience in
  accounts receivable and treasury roles in the oil and gas industry.
  
• Strong experience with ERP systems,
  reconciliations, and financial reporting.
  

Knowledge
and Proficiency in:

• Accounts receivable and cash
  management principles
  
• Financial controls and compliance
  
• Use of accounting software (e.g.,
  Zoho Books, QuickBooks, or SAP)