Accounts Payables Controller – Sandton

Oracle SA; Sandton; On-site; ZAR 201,000 - 223,000; Full time

Job summary

Oracle South Africa (Oracle SA) is seeking an Accounts Payable professional to support financial, administrative and clerical tasks within the finance team. You will process invoices, manage payments, and ensure accurate reconciliation of accounts.

You will collaborate with suppliers, monitor expenses, and assist with month-end closing and internal controls. A financial degree and experience with Sage software are preferred.

Qualifications

• Bachelor's degree in finance, accounting or related field is required.
• Postgraduate Diploma in Financial Management and Administration preferred.
• Experience with Sage accounting software is a plus.
• Strong communication and analytical skills are essential.

Responsibilities

• Coordinate with departments to manage payables and receivables.
• Process, verify and reconcile invoices and payments.
• Prepare journal entries and assist with month-end close and audits.
• Maintain GL records and ensure accuracy of transactions.
• Provide training and guidance to AP staff as needed.

Skills

Accounting software

Payroll knowledge

Communication skills

Analytical thinking

Problem solving

Education

Bachelor's degree in finance or accounting

Postgrad Diploma in Financial Management

Tools

Sage200 Evolution

Sage Intacct

Job description

The role of the Accounts Payable involves providing financial, administrative, and clerical support to the organization. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices. It also highlights the day-to-day management of all payment cycle activities in a timely and efficient manner.

• Coordinate with various departments and maintain records for account payables and receivables.
• Collaborate with suppliers and resolve all issues for portfolio.
• Maintain and update all journal entries and perform month end closing and audits for various accounts.
• Monitor all invoices and accounting issues, resolve any escalated issues for same.
• Manage and evaluate AP coordinator work and ensure completion of same.
• Administer all expenses, monitor reimbursements, and ensure work according to corporate expense policy.
• Paying employees by verifying expense reports and preparing payment
• Maintain records of all transactions and update it on GL System
• Collate all vendor invoices and resolve in issues on same.
• Process RTS in the GL
• Analyze processes, recommend improvements for same and manage all internal controls on documents.
• Perform vendor payment reconciliation monthly and serve as subject matter expert for various account payable functions.
• Prepare reports for reconciliation and ledger accounts and submit it to accounts manager.
• Provide training to subordinates and analyze all key metrics and prepare appropriate documents for same.

Credit Control –20%

• Must be able to communicate in an efficient yet friendly manner with customers, as well as the broader accounts receivable team while reporting to the Financial Controller
• Reconciling complex accounts that have been escalated from the AR team
• Ensuring credit and collection policies and procedures are followed within your team

Strategic Management – 10%

• Developing proposals and strategy
• Strategically you will be able to demonstrate and maintain a detailed understanding of the business and revenue models adopted by the world’s leading IT companies.
• Participating in strategic planning, and formulating long-term business plans
• You will be able to show and maintain a deep understanding of the underlying principles of technology innovation and how economic and finance models have evolved and are developing to support this innovation.
• Pricing and competitor analysis

Human Capital Management –10%

• Regular & continuous management of the function, requiring the formulation and implementation of staff and management development plans.
• Exchange non routine information using tact and persuasion as appropriate requiring good oral and written communication skills

WORK EXPERIENCE REQUIREMENT

• Communicate and enforce established finance and accounting standards. Monitor, evaluate and develop planning and forecasting processes and systems and implement changes required for improvement
• Ability to identify and elevate financial and business concerns to management.
• Ability to have flexibility to generate and sustain excellent people performance with high levels of accuracy and discipline within the finance function.
• Ability to manage and maintain accurate and accessible tailored documentation i.e. presentations / proposals Communication of financial and legal issues to non-specialists
• Highly competent with accounting, payroll and office software (Sage200 Evolution & Sage Intacct)
• Excellent written and oral communication skills, detail oriented, proficient with PCs for analysis and modeling, creative thinking, economic, and analytical thinking
• Experience of managing relationships at all levels including senior executives
• Ability to contribute effectively when working with senior colleagues, across the breadth of business/strategic issues. Excellent interpersonal skills at all levels with a presentable and professional personality.
• Goal orientated, driven and motivated.
• Problem identification, problem solving and decision-making skills

Preferred

Thorough understanding of the IT industry

Demonstrable management of a rapidly growing business

EDUCATION REQUIREMENTS

Bachelor’s degree in finance, Accounting or Related qualification, Postgrad Diploma in Financial Management and Administration.

Job Type: Full-time, Permanent

Basic Salary: Range between R18000.00 – R20000.00 per month.