About Company
Access Bank Plc is a leading financial institution, transforming banking in Nigeria and across Africa. With a commitment to innovation, customer service, and sustainable growth, we empower millions of individuals and businesses to achieve their financial aspirations. Our diverse team operates with integrity, passion, and a forward-thinking mindset, driving impactful change within the communities we serve. Joining Access Bank means becoming part of an ambitious organization dedicated to setting new benchmarks in the financial services sector and fostering a culture of excellence and continuous learning.
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Job Description
We are seeking a highly motivated and meticulous Accounts Payable Specialist to join our dynamic finance team in Lagos. This pivotal role is essential for maintaining the integrity of our financial records and ensuring the smooth, timely, and accurate processing of all vendor invoices and payments. As an Accounts Payable Specialist at Access Bank Plc, you will be instrumental in managing the full accounts payable cycle, from invoice receipt and verification to payment processing and vendor reconciliation. You will play a critical role in controlling costs, optimizing cash flow, and upholding the bank’s strong financial governance. This position offers a unique opportunity to contribute significantly to our operational efficiency and financial health within a fast-paced, high-volume environment. You will collaborate closely with various departments, ensuring compliance with company policies and regulatory requirements. We are looking for an individual with a keen eye for detail, strong analytical skills, and a proactive approach to problem-solving, eager to grow their career within a leading financial institution.
Key Responsibilities
- Manage the full cycle of accounts payable, including receiving, processing, and verifying invoices, expense reports, and other payment requests.
- Ensure timely and accurate processing of payments to vendors, employees, and other third parties in accordance with established policies and procedures.
- Reconcile vendor statements, investigate discrepancies, and resolve issues promptly to maintain strong vendor relationships.
- Prepare and process weekly/monthly payment runs, ensuring all supporting documentation is complete and approved.
- Maintain accurate records and files of all accounts payable transactions, ensuring proper documentation for audit purposes.
- Collaborate with procurement and other departments to ensure accurate invoicing and resolve any procurement-related payment issues.
- Assist in month-end closing procedures related to accounts payable, including accruals and reconciliations.
- Identify opportunities for process improvements and contribute to the implementation of best practices within the accounts payable function.
- Ensure compliance with financial policies, internal controls, and relevant regulatory requirements.
Required Skills
- Minimum of 3 years of progressive experience in Accounts Payable or a related finance role.
- Strong understanding of accounting principles and practices, particularly within accounts payable.
- Proficiency in accounting software (e.g., SAP, Oracle, or similar ERP systems) and Microsoft Excel.
- Excellent attention to detail and accuracy in data entry and financial record keeping.
- Demonstrated ability to manage high-volume transactions efficiently and meet deadlines.
- Strong analytical and problem-solving skills.
- Effective communication skills, both written and verbal, for internal and external interactions.
Preferred Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Relevant professional certifications (e.g., ICAN, ACCA) are a plus.
- Experience working in a large corporate or banking environment.
- Familiarity with Nigerian financial regulations and tax compliance.
Perks & Benefits
- Competitive salary package and performance-based bonuses.
- Comprehensive health insurance coverage for employees and their families.
- Generous paid time off, including annual leave and public holidays.
- Access to professional development programs and continuous learning opportunities.
- Pension scheme and other long-term financial planning benefits.
- Employee wellness programs and work-life balance initiatives.
- Opportunities for career growth and advancement within a leading financial institution.
How to Apply
Interested and qualified candidates are encouraged to apply by clicking on the link below. Please ensure your resume and cover letter highlight your relevant experience and why you are a great fit for Access Bank Plc. Navigate to our careers page and search for the ‘Accounts Payable Specialist’ position to submit your application.
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