Job Description

Extramileage Consults Limited is a reputable consulting firm committed to providing exceptional financial advisory services and strategic business solutions to our clients. With a focus on integrity, professionalism, and innovation, we strive to exceed our clients' expectations and deliver tangible results that drive growth and sustainability. Our team of experienced professionals brings expertise in accounting, finance, and business management to help clients navigate complex challenges, optimize resources, and achieve their financial objectives. Join us in our mission to go the extra mile for our clients and make a positive impact in their success.

Position Overview:

Extramileage Consults Limited is currently seeking a dedicated and detail-oriented Account Officer to join our team. As an Account Officer, you will be responsible for managing financial transactions, maintaining accurate records, and providing support in various accounting functions. You will work closely with the finance team, clients, and vendors to ensure timely and accurate processing of invoices, payments, and reconciliations. Your attention to detail, analytical skills, and commitment to financial integrity will contribute to the success and effectiveness of our accounting operations.

Key Responsibilities:

1. Financial Transactions: Process and record financial transactions, including accounts payable, accounts receivable, expense reimbursements, and journal entries, in accordance with established accounting principles and procedures. Review documentation, verify accuracy, and ensure compliance with company policies and regulatory requirements.

2. Invoicing and Billing: Generate and distribute invoices to clients, customers, and vendors for goods and services rendered. Monitor receivables, follow up on outstanding payments, and reconcile accounts receivable balances to ensure timely collection and cash flow optimization.

3. Payment Processing: Prepare and process payments to vendors, suppliers, and service providers, including checks, wire transfers, and electronic payments. Verify payment requests, obtain necessary approvals, and maintain payment records and documentation for audit trail and reconciliation purposes.

4. Bank Reconciliation: Perform bank reconciliations to verify the accuracy of cash balances, identify discrepancies, and reconcile discrepancies between bank statements and accounting records. Investigate and resolve reconciling items, such as outstanding checks, deposits in transit, and bank fees.

5. Financial Reporting: Assist in the preparation of financial reports, statements, and analyses, including monthly, quarterly, and annual financial statements, budget variance analyses, and cash flow projections. Compile financial data, analyze trends, and provide insights to support decision-making and financial planning.

6. Budget Management: Support budget preparation, monitoring, and variance analysis activities by collecting budget data, tracking expenditures, and preparing budget reports. Collaborate with department managers to ensure adherence to budgetary guidelines and identify opportunities for cost savings and efficiency improvements.

7. Audit and Compliance: Assist in internal and external audits by providing documentation, supporting schedules, and responding to auditor inquiries. Ensure compliance with accounting standards, tax regulations, and internal controls to maintain financial integrity and transparency.

8. Client and Vendor Relations: Build and maintain positive relationships with clients, customers, and vendors by providing responsive and professional support in resolving inquiries, addressing issues, and facilitating communication regarding billing, payments, and financial matters.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 2 years of experience in accounting or finance roles, preferably in a consulting firm or professional services environment.
• Proficiency in accounting software and financial management systems (e.g., QuickBooks, SAP, Oracle).
• Strong analytical skills, with the ability to analyze financial data, identify trends, and interpret results.
• Excellent organizational skills, attention to detail, and ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and interact with clients and vendors professionally.
• Knowledge of accounting principles, financial reporting standards, and regulatory requirements.