Accounts Payable

The Accounts Payable is accountable for the timely processing and recording of payments of all vendor invoices. The role is also responsible for ensuring that all vendor payments and expenses recorded in the general ledgers are correct, complete, and accurate. Success in this position will require the individual to adhere to the company policies and processes and partner with finance to ensure timelines and deliverables are met. We are seeking a hard-working, trustworthy candidate to join the team as an Accountant with Accounts Payable focus.

Responsibilities

Payment Processing

• Maintain vendor names and related data
• Reconciliation of vendor account statements
• Ability to create payments on online banking tools
• Preparing daily payment run support for expense reimbursements
• Resolving open issues with purchase order, invoice, or payment discrepancies and documentation
• Invoice verification of purchase orders
• Posting the verified invoices

Accounting

• Ensures that daily operations are recorded in compliance with financial reporting standards and regulatory requirements
• Maintenance of complete, accurate, and up-to-date books of accounts
• Ensures accuracy of transactions captured and traceability of transactions performed
• Reconciliation of System vs Actual balances
• Allocation of expenses to the correct cost centers
• Analyse invoices/expenses and prepare MIS reports

Others

• Provide support services to the other units of Finance in Payables Analysis and Information Provision
• Assist in periodic audits of Payables and take necessary steps to correct any discrepancies
• Protect organization's value by keeping information confidential

Requirements

Qualifications and Experience

• Bachelor's degree in Accounting or Finance
• Proven working experience as Accounts Payable Specialist
• Hands-on experience with SAP
• Proficiency in English and MS Office
• Solid understanding of bookkeeping and accounting principles, practices, standards, laws, and regulations
• Thorough knowledge of accounting and corporate finance principles, procedures, and reporting standards
• Good knack for numbers, math skills, and the ability to spot numerical errors
• Familiarity with basic tax rules and regulations of VAT

Competencies

• Strong attention to detail, documentation, and analytical skills
• Strong oral/written communication skills required to interact with vendor representatives and business units
• Strong organisational and time management skills in order to meet tight deadlines
• Ability to work on multiple objectives, conflicting priorities, and complex issues
• Ability to work independently and willing to collaborate with other team members
• Strong attention to detail and confidentiality