Corporate Finance Manager
17 hours ago
Type : Permanent, Full time, On-site Randburg
Salary : circa R32 000 (Negotiable)
AA / EE Requirements : None
Our client operating within the High-End Retail industry is looking to appoint an Accounts Payable resource at their Head Office. The successful individual will be responsible for managing and overseeing the end-to-end processing of all payments owed by the business to its vendors, suppliers and other service providers.
Requirements for consideration
- Completed tertiary qualification NQF 5 (Certificate) minimum but NQF 6 (Diploma) preferable
- Minimum 5 years' experience in a dedicated AP role but no more than 10 years total work experience
- Experience dealing with multicurrency accounts/payments essential
Duties :
- Receive and review invoices from suppliers or service providers, ensuring that the details match the corresponding purchase orders or statements
- Enter invoice information into the AP system, including amounts, payment terms, and appropriate accounting codes to ensure accurate tracking and reporting.
- Schedule and process payments according to agreed-upon terms via EFT, credit cards etc., ensuring payments are made on time and in the correct amounts
- Reconcile statements received from suppliers with internal records to verify that all invoices are accounted for and to resolve any discrepancies.
- Match invoices with corresponding purchase orders (POs) and receiving reports (GRNs) to ensure that the correct items, quantities, and pricing have been billed
- Address and resolve payment issues, such as incorrect billing, overcharges, or discrepancies between received goods/services and billed amounts.
- Assist with month-end and year-end closing by ensuring all accounts payable transactions are recorded, and outstanding items are properly reflected in financial statements.
- Verify statutory charges on invoices and ensure they are accurately reported and remitted in compliance with applicable tax regulations
- Update and maintain supplier information, including payment terms, bank account details, and contact data, to ensure timely and accurate processing.
- Generate AP reports, such as aging reports and cash flow forecasts, to track outstanding balances, monitor payment schedules, and assist in financial planning and assisting with internal and external audits
- Manage subordinates ensuring workloads are balanced and tasks are completed efficiently
If you have not received any feedback from us within 5 working days please consider your application unsuccessful.
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