GE currently recruits for the position of an Invoice to Cash Senior Accountant. We are an advanced technology, services and capital company with the scale, resources and expertise to take on the world's toughest challenges. Dedicated to innovation in the areas of energy, health, transportation and infrastructure, we're committed to leadership, integrity, partnership and human progress.
GE businesses ranging from Aviation, Capital, Oil & Gas, Energy Management, Power and Water, Healthcare, Transportation and Home & Business Solutions have operations on the African continent. Major locations include Angola, Ghana, Kenya, Nigeria and South Africa. Over 1800 employees are working in the region, creating local partnerships and providing solutions & services that supports Africa's infrastructure and sustainable growth. We are also dedicated to knowledge transfer, whether it is providing technical expertise to customers by hosting customer summits, to developing young local talent through unique programs such as the Early Career Development Program.
We are currently recruiting for the position below
Position Title: Invoice to Cash Senior Accountant
Job Number: 1919497
Location: Lagos
Role Summary/Purpose:
GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation. GE Invoice to Cash team is responsible for wing to wing processes from customer invoicing to collections and application of funds. The team provides a critical link between the company and the customer to ensure adherence to AML and supports in cash flow management and forecasting
Essential Responsibilities:
- Preparation of monthly and quarterly cash management (forecasting, cash budgeting and pooling structures) by management entities
- Analysis of actual cash flow and perform variance analysis by management entities
- Preparation of all customer invoices for the businesses as requested
- Review of invoices for compliance with local legislations
- Preparation and analysis of internally charged back costs such as administrative cost and bill back charges.
- Actively track all Internal billing payments and receipts
- Reconciliation of accounts on monthly and quarterly basis and close all open items within the stipulated time in accordance with company policy
- Drive the bank and cash reconciliation process
- Support core accounting and reporting, including account reconciliations and month-end close activities
- Weekly and monthly preparation of Invoice to cash metrics for the centre including volumes and ageing and explaining movements
- Creation/deactivation of employee cost references
- Reconciliation of all biller errors by cost reference
- Preparation of weekly GECARS report for submission to O&G Finance team
- Drive continuous process improvement in the operational and accounting processes.
- Manage accounts receivable collection processes for relevant businesses.
- Assist in maintaining internal controls on a monthly basis ensuring controllership and compliance at all times
- Ad hoc projects as needed, including simplification/process improvements and projects
- Adhere to the GE cash management policy including AML
- Other ad hoc support
Qualifications/Requirements:
- Degree in Accounting/Finance or related discipline
- Professional qualifications level two in Accounting/Finance
- At least 4 years of relevant working experience in a fast paced multi-national finance operations department or banking back ground with high volumes
- Excellent analytical, forecasting and problem solving skills
- Sound knowledge of US GAAP, local reporting requirements (IFRS), ERP or systems (e.g. Oracle, Navision, MAPICS)
- Good knowledge of account receivable process
Additional Eligibility Qualifications:
Desired Characteristics:
- Integrity, positive attitude and highly motivated to succeed
- Resourceful, open-minded and embraces change and challenges
- Strong performance and people orientation with demonstrated team skills or potential to lead
- Good communication and facilitation skills
- Ability to work in a cross functional or business and global team
- Ability to handle large volumes within a stressful environment
- Good working knowledge of MS office tools
- Ability to work and multi-task under tight schedule
Application Closing Date
4th February 2014
Method of Application
Interested and qualified candidates should:
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