Logistics Accountant

Job description

Dangote Industries Limited Tasks & Responsibilities:Payment Processing:

Manage the payment process for transporters and logistics suppliers, ensuring that invoices are accurate and in compliance with contractual agreement
Verify and reconcile invoices with purchase orders, delivery receipts and other relevant documents.
Prepare payment batches and coordinate with the finance department to ensure timely payment
Address any discrepancies or issues related to supplier invoices and payments.

Expense Tracking

Maintain a detailed record of all expenses related to logistics operations, including transportation costs, warehousing fees, fuel expenses and other logistics-related expenditures.
Categorize and allocate expenses accurately to the appropriate cost centers or projects.

Vendor And Supplier Relations

Foster positive relationships with transporters and logistics suppliers.
Communicate suppliers regarding payment status, inquiries, and dispute resolution.
Negotiate payment terms and agreements that are favorable to Dangote Logistics while maintaining strong partnerships

Financial Reporting:

Prepare financial reports related to logistics expenses, payment schedules, and outstanding liabilities.
Provide regular updates to management on the financial health of the logistics department, including cash flow projections

Budgeting And Forecasting

Collaborate with logistics and procurement teams to develop budgets and forecasts for logistics expenses
Monitor actual expense against budgeted figures and analyze variances

Compliance And Documentation

Ensure compliance with internal financial policies and external regulations when processing payment.
Maintain accurate and organized documentation of invoices, payment records, and supplier agreements for audit purposes

Cashflow Management

Monitor cashflow related to logistics payments and expenses
Ensure that payments are made efficiently while maintaining liquidity and financial stability.

Process Improvement

Continuously review and improve payment processes to enhance efficiency and accuracy.
Identify opportunities for automation or digitalization to streamline payment workflows.

Risk Management

Identify and mitigate financial risks associated with payment processes, such as late payments or disputes with suppliers.
Implement controls to prevent fraud or unauthorized payments.

Reporting And Communication

Communicate with internal stakeholders and management regarding payment status, financial performance, and any issues that may impact logistics operations.

Ad Hoc Analysis

Perform ad hoc financial analysis as requested by management to support decision -making related to logistics and transportation strategies.

Requirements

Degree in Logistics and Transport / Financial Accounting.
Minimum of 5 years progressive experience
Excellent interpersonal skills.