PAYABLES ACCOUNTANT

Key Responsibilities

• Maintain accurate vendor register
• Management of vendor payments
• Capture monthly accruals of recurrent expenditure
• Ensuring accurate transaction posting, assigning the collect GL accounts and cost centres
• Maintain listing and supporting document of vendor prepayments, ensuring tax invoices are received, posted and applied
• Timely monthly filing of WHT and WHT VAT accurately and ensure reconciliations are shared with DFM & CFM by 5th every month
• Accurate posting of supplier invoices and ensuring compliance to controls
• Maintaing accurate vendor accounts reconciliations
• Maintan the aging accounts payables report - monthly & weekly
• Support external and internal audits and ensure effective implementation of audit recommendations
• Vendor relationship management - enquiries, clarifications & complaints

Minimum Qualifications

• Degree in B.Com/Accounting
• CPA K/ACCA
• Member of recognised professional accounting body ACCA/CA/CIMA"
• A minimum of 5 years in a similar role in a busy manufacturing or FMCG environment

Knowledge & Skills

• Good understanding of accounting principles including accrual accounting, reconciliations and general ledger journals
• A high level of knowledge and competency in Microsoft Office especially Word and Excel
• In depth understanding of manufacturing/FMCG processes
• Demonstrated professional competence and administrative capability as reflected in work performance and results
• Strong financial and accounting knowledge (IFRS)
• Strong consolidation knowledge and experience
• Financial analysis experience
• Good knowledge of any accounting software or ERP e.g profix and Syspro
• Good understanding of accounting principles including accrual accounting, reconciliations and general ledger journals

Key Deliverables

Accurate vendor master data

Timely vendor payments as per terms

Accurate OPEX trends

Accurate GL postings

Zero negative balances on vendor accounts

Zero balances on GRN suspense account

Zero unreconciling items

Accurate updated report

Zero high risk audit issues

Zero escalations