The Accounts Payable Accountant is responsible for all Accounts Payable related accounting activities including: inputting invoices for payment, preparing and analyzing account reconciliations, determining and completing month-end close activities, and process review tasks which ensure Accounts Payable guidelines/controls are operating effectively. The Accounts Payable Accountant has a complete understanding of the Procure-to-Pay process which allows quick and accurate decisions to be made regarding system or process questions or changes.
• Applies internal controls and accounting policies & procedures for processing the payments
• Manages invoice mailbox daily and handles internal and external communications
• Assists with vendor queries with regards to statements and invoices
• Manages unpaid invoices and organizes bills due to be paid
• Checks and controls the AP supplier/petty cash balance before making the payment
• Processes vendor payments and petty cash timely and accurately as per authority matrix
• Prepares an accurate system entry to record payments, related VAT/WHT and related OPEX/CAPEX, inventory etc.,
• Reconcile GLs VS Sub-ledgers for Suppliers, deposits and petty cash
• Obtains periodical balances confirmations from major suppliers and reconciles it with our book balance
. • Prepares accounts payable aging report weekly
• Prepares monthly VAT and WHT returns
• Prepares a monthly list of advances paid to suppliers and subsequent status of it
• Ensures timely and accurate completion of month end closing tasks and raises red flags for any irregularities
• Assists in testing of system upgrades and automation projects
• Assists in periodic audits.
• Transfers knowledge and provides guidance to other team members
• Handles other ad hoc tasks within finance when required
• Ensure all Inter the company reporting requirements are met for Accounts Payable
Education:
Bachelor Degree in Finance and/or Business Management
Experience:
3-5 years experience in Finance & Financial Planning
