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 partnershipsFinancial 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 projectionsBudgeting and forecasting :
Collaborate with logistics and procurement teams to develop budgets and forecasts for logistics expensesMonitor actual expense against budgeted figures and analyze variancesCompliance 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 expensesEnsure 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 experienceExcellent interpersonal skills.Benefits
Medical Insurance CoverIn-House Pension SchemeProduction BonusLife Assurance