Commercial Finance Executive

Steam Broadcasting and Communications Limited, a leading radio station, is recruiting suitably qualified and skilled candidates to join our team in the capacity below:

Job Title: Commercial Finance Executive

Location: Lagos
Employment Type: Full-time

Job Summary

• We are seeking an experienced and commercially driven Commercial Finance Executive to join our Finance team.
• The successful candidate will be responsible for overseeing the organisation’s accounts receivable and client account functions, driving collections, managing client reconciliations, resolving account issues, and working closely with the Sales team to strengthen cash flow and revenue performance.

Key Responsibilities

• Manage the end-to-end accounts receivable and client account processes.
• Drive collections in line with agreed targets and client credit terms.
• Monitor accounts receivable ageing and ensure appropriate follow-up and escalation of overdue or high-risk accounts.
• Perform regular client account reconciliations and promptly resolve discrepancies.
• Investigate and resolve client billing, payment, and account-related queries or disputes.
• Partner with the Sales team on client credit assessments, credit terms, outstanding balances, payment plans, and collection strategies.
• Supervise and manage the performance of the Receivables Manager and Receivables Officers.
• Ensure accurate and timely posting of receivables transactions to the appropriate ledgers.
• Prepare and maintain client account statements and payment plan schedules.
• Support month-end closing activities relating to accounts receivable, ageing schedules, client balances, and related ledger accounts.
• Ensure compliance with internal controls and applicable financial reporting standards.
• Prepare weekly and monthly receivables and collections reports for management.
• Ensure the accuracy, completeness, and integrity of all receivables-related financial information.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• Minimum of 5 years’ relevant experience, including hands-on experience in accounts receivable management, credit control, collections, or client account reconciliation.
• Demonstrable supervisory or team management experience.
• Professional accounting qualification such as ICAN, ACCA, or equivalent would be an advantage.
• Practical knowledge of IFRS/Local GAAP.
• Good knowledge of relevant statutory regulations and tax matters.

Key Competencies:

• Strong credit control and debt collection skills.
• Sound understanding of double-entry accounting principles and financial reporting standards.
• Strong proficiency in Microsoft Excel and other Microsoft Office applications.
• Excellent numerical, analytical, and problem-solving abilities.
• Ability to analyse receivables ageing reports and identify collection and credit risks.
• Strong communication, stakeholder management, and negotiation skills.
• High level of accuracy and attention to detail.
• Ability to work effectively with Sales and other cross-functional teams while maintaining appropriate financial controls.

What Success Looks Like:

• The successful candidate will be expected to consistently deliver accurate receivables reporting, timely client reconciliations, effective collections, reduced overdue balances, prompt resolution of client account issues, and timely month-end closure.