Account Reconciliation Officer at Fatgbems Petroluem Company

FATGBEMS Group is a diversified Nigerian conglomerate with interests in petroleum marketing, gas services, automotive solutions, agriculture, and real estate. With over 30 years of industry experience, we are committed to delivering quality services, operational excellence, innovation, and sustainable value to our customers and stakeholders. We offer a dynamic work environment that fosters growth, professionalism, and career development.

Job Summary

The Account Reconciliation Officer will be responsible for ensuring the accuracy and completeness of the company’s financial records through timely reconciliation of bank accounts, customer accounts, supplier accounts, general ledger accounts, and other financial balances.

The role will identify discrepancies, investigate variances, and ensure appropriate corrections are made in line with company policies and accounting standards.

• Perform daily, weekly, and monthly reconciliation of bank accounts and other financial accounts.
• Reconcile customer and supplier accounts and investigate outstanding balances.
• Compare accounting records with bank statements, invoices, receipts, payment records, and other supporting documents.
• Identify and investigate discrepancies, unusual transactions, and unreconciled items.
• Follow up with relevant departments and stakeholders to resolve reconciliation issues promptly.
• Prepare reconciliation statements and schedules for management review.
• Ensure all reconciling items are properly documented, investigated, and cleared within agreed timelines.
• Review general ledger accounts to ensure accuracy and completeness of postings.
• Assist in identifying duplicate, missing, or incorrectly posted transactions.
• Maintain proper documentation and audit trails for all reconciliations.
• Support month-end and year-end closing activities.
• Assist with audit exercises by providing reconciliation schedules and supporting documents.
• Monitor outstanding items and prepare periodic reports on unresolved balances.
• Ensure compliance with company accounting policies, procedures, and applicable accounting standards.
• Perform other accounting and reconciliation duties as assigned by management.

Interested and qualified candidates should send their CV to: humanresources@fatgbemsgroup.com using the job title as the subject of the email.