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.

• 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.
• 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.
• 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
• 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
• Collaborate with logistics and procurement teams to develop budgets and forecasts for logistics expenses
• Monitor actual expense against budgeted figures and analyze variances
• 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
• Monitor cashflow related to logistics payments and expenses
• Ensure that payments are made efficiently while maintaining liquidity and financial stability.
• Continuously review and improve payment processes to enhance efficiency and accuracy.
• Identify opportunities for automation or digitalization to streamline payment workflows.
• 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.
• Communicate with internal stakeholders and management regarding payment status, financial performance, and any issues that may impact logistics operations.
• Perform ad hoc financial analysis as requested by management to support decision -making related to logistics and transportation strategies.

• Excellent interpersonal skills

• Degree in Logistics and Transport / Financial Accounting