Accounting Specialist - Accounts Payable

A skilled Accounts Payable employee is needed to process all invoices received for payment and to ensure timely and accurate payment to all creditors and vendors.

Responsibilities:

1. Perform daily financial transactions, including verifying, classifying, and recording accounts payable data.
2. Track all payments and expenditures such as payroll, purchase orders, invoices, statements, and employee claims.
3. Process outgoing payments in compliance with financial policies and procedures.
4. Pay vendors by scheduling pay runs and ensuring payments are received; respond to vendor inquiries regarding finance.
5. Reconcile the accounts payable ledger to ensure all invoices and payments are properly posted.
6. Verify and investigate discrepancies by reconciling vendor accounts and statements.
7. Maintain historical records.
8. Manage bank and cash transactions, including manual payments.
9. Create and update vendor master data.
10. Prepare and process monthly accruals and ad-hoc journals.
11. Analyze accounts and produce monthly reports on accounts payable status.
12. Understand expense accounts, cost centers, and compliance issues related to accounts payable.
13. Continuously improve the payment process.

Requirements:

• Proven experience as an Accounts Payable Accountant.
• Strong understanding of bookkeeping and accounts payable principles.
• Ability to manage accounting figures and financial records accurately.
• Proficiency in data entry, spreadsheets, and proprietary software.
• Fluency in English and MS Office.
• Experience with SAP (especially Accounts Payable) and PeopleSoft ERP is advantageous.
• High accuracy and attention to detail.
• BCom or similar qualification in Finance, Accounting, or Business Administration.
• Interpersonal, punctuality, critical thinking, teamwork, and adaptability skills.