The Company

Lori is a venture-backed, rapidly growing organization that is building a cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, and up to 75% of a product’s cost is due to logistics, compared to 6% in the US.

Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has significantly improved flexibility, reliability, and cost savings ( savings upwards of 18% ).

The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won TechCrunch's Battlefield Africa.

The Position

Lori is seeking a hands-on Accounts Payable Officer to join our Finance team. The Accounts Receivable Officer will be tasked with management of transporter accounts and making approved payments for services rendered to Lori; and executing other responsibilities related to the Accounts Payable function.

Responsibilities

• Reconcile processed work by verifying entries and comparing system reports to balances
• Charge expenses to accounts and cost centers by analyzing invoice / expense reports and recording entries
• Pay vendors by monitoring discount opportunities, verifying invoice numbers, scheduling and preparing checks, resolving purchase order, contract, invoice, or payment discrepancies and documentation; ensuring credit is received for outstanding memos
• Pay employees by receiving and verifying expense reports for advances; preparing checks
• Maintain accounting ledgers by verifying and posting account transactions
• Manage client (transporters) accounts through reconciliation of monthly statements and regular data updates
• Provide accurate and effective document preparation and records management relative to the AP function in accordance with records retention policies and procedures
• Protect organization’s value by keeping information confidential

Requirements

• Bachelor's degree in Accounting or any other related course
• Qualified CPA 2 / equivalent ACCA level
• Two years of working experience in a busy environment
• A good understanding of Quickbooks Online and related Accounting Softwares
• Background knowledge in the logistics and transport sector is an added advantage.
• An ability to prioritise and manage expectations
• Attention to detail
• An ability to work independently
• Good communication skills

The Lori team of ~200 employees is led by nerds obsessed with revolutionizing logistics in Africa:

• Josh Sandler, CEO: Industrialization + logistics work, Harvard MBA/MPA-ID, South African native
• Jean-Claude Homawoo, CPO: Product Lead at Google, VP Strategy at iRoko; Harvard MBA, Togolese native
• Uche Ogboi, COO: Principal at EchoVC (TPG Growth investment platform), Citi, Nigerian native
• Efayomi Carr, Head of Strategic FInance: Africa focused investor at Quona Capital, BCG, Sierra Leonean native