Senior Accounts Payable Controller

Boardroom Appointments; Sandton; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading recruitment firm is seeking an experienced Accounts Payable Controller based in Sandton. The successful candidate will manage financial transactions, ensure compliance with policies, and have strong expertise in accounts payable processes. With 7 to 10 years of experience, proficiency in ERP systems, and intermediate to advanced Excel skills, this role is crucial for maintaining accurate financial records. Effective team collaboration and foreign creditors management knowledge are also essential for success.

Qualifications

• 7 to 10 years of experience in a similar role, preferably in a corporate or multinational environment.
• Strong knowledge and experience in accounts payable processes and procedures.

Responsibilities

• Compile and submit payments for release according to agreed creditor terms.
• Ensure all costs are authorized according to the Delegation of Authority.
• Reconcile accounts in accordance with company policies.

Skills

Accounts Payable Expertise

Team Collaboration

Foreign Creditors Management

Intermediate to Advanced Excel skills

ERP System Proficiency

Education

Relevant Tertiary Qualification

Tools

Syspro

SAP

Oracle

Job description

About the job Senior Accounts Payable Controller

Accounts Payable Controller

Qualifications and Experience

• Relevant Tertiary Qualification
• Over 7 to 10 years of experience in a similar role, preferably in a corporate or multinational environment
• Intermediate to Advanced Excel skills
• Accounts Payable Expertise: Strong knowledge and experience in accounts payable processes and procedures
• Foreign Creditors Management: Familiarity with foreign creditors' processes and requirements, including currency exchange and international payment methods
• Team Collaboration: Ability to work effectively as part of a team, communicating openly and collaboratively with colleagues and stakeholders
• ERP System Proficiency: Proficiency in using ERP systems such as Syspro, SAP, or Oracle for financial transactions and reporting

Duties and Responsibilities

• Payment Compilation and Submission
  • Compile and submit payments for release according to agreed creditor terms, ensuring accuracy and adherence to payment schedules
• Submit payments on Paper trail for release as per agreed terms, verifying all details for accuracy and completeness
• Ledger Allocations and GRNs
  • Accurately assign ledger allocations and GRNs to ensure proper accounting of expenses and minimize discrepancies
• Adjustment Measurement
  • Monitor and measure adjustments passed in AP, ensuring adjustments remain within acceptable limits (less than 5% of total output)
• Authorization Compliance
  • Ensure all costs and expenditures are authorized according to the Delegation of Authority (DOA), minimizing errors and discrepancies
• Reconcile accounts in accordance with company policies, resolving invoice discrepancies and issues promptly to maintain accurate financial records
• Audit Support
  • Provide supporting documentation for audits, ensuring timely responses to audit requests and minimizing delays in the audit process
• Intercompany Invoices
  • Email intercompany invoices to the designated email address, following established procedures to minimize errors and escalations
• Payment Release Follow-up
  • Follow up on payment releases, addressing queries and concerns from business units or suppliers promptly and efficiently
• Complete daily supplier reconciliations for month-end suppliers, ensuring adherence to month-end cut-off dates set by the AP Manager