Senior Accounts Payable Controller

Boardroom Appointments; South Africa; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading recruitment agency is seeking a Senior Accounts Payable Controller in South Africa. The ideal candidate will have over 7 years of experience in accounts payable processes, strong proficiency in ERP systems like SAP or Oracle, and the ability to work collaboratively within a team. Responsibilities include payment compilation, ledger allocations, and ensuring compliance with company policies. This role offers an opportunity to work in a dynamic corporate environment.

Qualifications

• Over 7 to 10 years of experience in a similar role, preferably in a corporate or multinational environment.

Responsibilities

• Compile and submit payments for release according to agreed creditor terms.
• Submit payments on Paper trail for release as per agreed terms.
• Accurately assign ledger allocations and GRNs.
• Monitor and measure adjustments passed in AP.
• Ensure all costs and expenditures are authorized according to the Delegation of Authority.
• Reconcile accounts in accordance with company policies.
• Provide supporting documentation for audits.
• Email intercompany invoices to the designated email address.
• Follow up on payment releases.
• Complete daily supplier reconciliations for month-end.

Skills

Accounts Payable Expertise

Foreign Creditors Management

Team Collaboration

ERP System Proficiency

Intermediate to Advanced Excel skills

Education

Grade 12 pass

Relevant Tertiary Qualification

Job description

About the job Senior Accounts Payable Controller

Accounts Payable Controller

Qualifications and Experience

• Grade 12 pass
• 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

Key Competencies

• 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

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