A skilled Accounts Payable employee to be responsible for processing all invoices received for payment and for undertaking the payment of all creditors/vendors in an accurate, efficient, and timely manner.

Responsibilities:

• Perform day to day financial transactions, including verifying, classifying, and recording accounts payable data.
• Keeping track of all payments and expenditures, including statutory, payroll, purchase orders, invoices, statements, employee claims, etc.
• Process outgoing payments in compliance with financial policies and procedures. Paying vendors by scheduling pay runs and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance.
• Reconcile the accounts payable ledger to ensure that all invoices and payments are accounted for and properly posted. Reconciling processed work by verifying entries and comparing system reports to balances.
• Verify and investigate discrepancies, if any, by reconciling vendor accounts and monthly vendor statements.
• Maintaining historical records.
• Bank and cash management, including processing manual payments.
• Create and maintain vendor master data.
• Preparing and processing monthly accruals.
• Preparing and processing adhoc journals.
• Preparing analyses of accounts and producing monthly reports. Generate reports detailing accounts payables status.
• Understand expense accounts and cost centres.
• Understands compliance issues around accounts payable processes.
• Continuing to improve the payment process.

Requirements:

• Proven working experience as Accounts Payable Accountant
• Solid understanding of basic bookkeeping and accounts payable principles
• Proven ability to calculate, post and manage accounting figures and financial records.
• Data entry skills along with a knack for numbers
• Hands-on experience with spreadsheets and proprietary software
• Proficiency in English and in MS Office
• SAP (Accounts Payable, and more will be good) and PeopleSoft ERP (not a must).
• High degree of accuracy and attention to detail
• BCom degree, or similar qualification, in Finance, Accounting or Business Administration
• ✔ Communication skills
• ✔ Interpersonal skills
• ✔ Problem solving skills
• ✔ Punctuality
• ✔ Critical thinking skills
• ✔ Teamwork and collaboration skills
• ✔ Adaptability skills
• ✔ Work ethic
• ✔ Project management skills