About this role
Accountant (Payable & Receivable) at Westfield Consulting
Westfield Consulting is a management consultancy firm, specialized in Increasing Your Business Performance. It is our mission to help our clients make the right decisions & improve their organizational performance. As a partner to our clients, we work as integrated members of the team and strive to provide valuable deliverables that meet their goals.
Accountant (Payable & Receivable)
- Job Type Full Time
- Qualification BA/BSc/HND , Professional Certificate
- Experience 5 - 7 years
- Location Delta
- Job Field Finance / Accounting / Audit
Job Summary
- The Accountant (Payables & Receivables) is responsible for managing the company’s financial transactions related to suppliers, contractors, clients, and partners.
- This role ensures accurate recording, timely payments, efficient collections, and compliance with both local and international accounting standards.
Key Responsibilities
Account Payable:
- Process vendor invoices, verify accuracy, and ensure timely payments.
- Reconcile supplier statements and resolve discrepancies.
- Monitor outstanding liabilities and maintain vendor relationships.
Account Receivable:
- Generate and issue client invoices for petroleum products, consultancy, and service contracts.
- Track collections, follow up on overdue accounts, and manage credit control.
- Maintain accurate records of customer accounts and receipts.
Financial Reporting:
- Prepare monthly, quarterly, and annual reports on payables and receivables.
- Support management with cash flow forecasts and working capital analysis.
- Assist in audits and ensure compliance with IFRS and Nigerian tax regulations.
Compliance & Controls:
- Ensure adherence to company policies, statutory requirements, and industry standards.
- Implement internal controls to prevent fraud and financial mismanagement.
- Liaise with external auditors, tax authorities, and regulatory agencies.
Cross-Functional Support:
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Collaborate with operations teams in waste management, haulage, and marine services to align financial records with service delivery.
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Provide financial insights to support project costing, budgeting, and profitability analysis.
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Key Requirements
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Degree in Accounting, Finance, or related field (Master’s degree preferred).
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5 - 7 years experience in accounting, with at least 3 years in oil & gas or related industries.
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Professional certification (ACA, ACCA,) required.
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Strong knowledge of IFRS, Nigerian tax laws, and petroleum industry regulations.
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Experience in with ERP/accounting systems (SAP, Oracle, or similar).
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Excellent analytical, communication, and leadership abilities
Skills & Competencies:
- Ability to interpret complex financial data.
- Precision in preparing reports and ensuring compliance.
- Clear reporting to both technical and non-technical stakeholders.
- Ability to identify financial risks and propose solutions.
- Work effectively with finance, operations, and compliance teams.