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Accounts Payable Team Leader
2 weeks ago
Main Duties and Responsibilities:
- Ensure correct payments are made in a timely manner according to supplier terms, developing and maintaining good relationships with all Vendors.
- Ensure that all vendor accounts are reconciled monthly, review and sign off on vendor recons, deal with query items, and ensure that all queries are resolved in a timely manner.
- Ensure staff expense claims are reviewed and paid on time.
- Verify payments, and review checks before supervisors approve payments on the online banking system.
- Reconcile accounts payable total and general ledger with other applicable records (e.g. vendor ledgers and trial balance).
- Conduct monthly revaluation of foreign creditors and reclassification calculations and journals.
- Facilitate correct and timely cash flow forecasts weekly and monthly.
- Ensure proper record keeping of purchases for monthly VAT submission, preparation and periodic audits.
- Ensure proper maintenance, filing, and storage of records for internal and external audit purposes as well as annual BBBEE Verification audits.
- Oversee the cash book function.
- Conduct monthly reconciliations of accounts payable related balance sheet accounts
- Conduct monthly reviews of expenses and coding.
- Maintain monthly checklistsand quarterly controls.
- Perform other related duties as assigned.
- Train and oversee staff involved in the accounts payable and cash book function.
- Direct assigned tasks and provide assistance and mentoring as needed.
- Interview prospective candidates and choose the best applicant based on skills, knowledge, and performance abilities.
- Conduct mid-year and year-end performance appraisals and evaluations based on the company's guidelines.
- Completed Finance Degree or equivalent.
- Minimum 3 year's experience in a supervisory accounts payable role.
- Sound understanding of VAT from an accounts payable perspective.
- Experience with Foreign Payments and South African Reserve Bank requirements.
- Team management.
- People skills – highly adapted interpersonal skills.
- Problem solving analysis skills.
- Priority setting – initiative and follow through.
- Time management and deadline driven, ensuring weekly, monthly and quarterly deadlines are met.
- Detail oriented.
- Ability to work under pressure.
Should you receive no feedback within 7 days, please accept your application as unsuccessful.
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