Description:
To support the Accounts Receivable & Payables Manager in maintaining good controls within the operational areas that you are responsible for in Accounts Payable. Ensuring we meet our payment terms to our suppliers, queries are effectivelyresolved and month end reporting deadlines are all met.
The Role
Team Leadership:
- Supervise, train, and mentor the accounts payable team.
- Set and agree commitments, provide regular feedback, motivate and develop the team utilising the continuous conversations, performance management approach.
- Ensure performance standards are monitored and fulfilled.
- Foster a positive, collaborative and productive work environment.
- Role model the Company Culture Cornerstones.
- Review and sign off bank, prepayments, accruals, Intercompany and reverse charges reconciliations.
Invoice Processing:
- Oversee the accurate and timely processing of invoices and payment requests.
- Ensure proper coding and approval of invoices.
- Resolve discrepancies and issues related to invoices.
Vendor Management:
- Maintain strong relationships with vendors and suppliers.
- Address vendor inquiries and resolve payment-related issues.
Process Improvement:
- Implement automation and technology solutions to improve efficiency.
- Develop and update accounts payable process, policies and procedures.
Compliance and Reporting:
- Ensure compliance with company policies, financial regulations, and accounting standards.
- Prepare, analyse, and present accounts payable reports to management.
- Assist with audits and provide necessary documentation and resolve queries.
Cash Management:
- Monitor cash flow and manage payment schedules.
- Coordinate with the finance team to optimize cash disbursements.
- Assist in forecasting cash requirements related to accounts payable
- Cover the Accounts Receivable Team Lead when on annual leave
Cross-Functional Collaboration:
- Work closely with procurement, finance, and other departments.
- Provide support and review month-end and year-end closing processes.
- Participate in special projects as assigned.
Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
What we are looking for
- Demonstrable previous Accounts Payable experience, preferably managing a team.
- Able to work in a fast paced environment
- Excellent communication skills
- Strong Excel skills
- Attention to detail
- Able to work independently
- Team player
- Can use own initiative
Qualifications
- University Degree and/or relevant professional qualification