Accounts Payable Lead
6 months ago
**Job Summary**
- Plans and directs accounting activities within the Accounts Payable department (payments made within terms, projections of payments, supplier recons, etc.)
- Ensure the execution and improvement of the Accounts Payable Processes assigned to the department, aiming to achieve the strategic objectives set for the department
- Manage the financial reporting for all funds within the KFC and Pizza Hut Africa business: (1) the South African Marketing Fund, (2) the South African Supply Chain Management Fund; (3) the African Markets Marketing Fund, and (4) the African Markets Supply Chain (5) Other Franchisee services
- Business partner and Drive excellence in providing robust and accurate financial information to the budget-holders; ensure that all revenue is appropriately accounted for, and optimize fund spending in line with budget.
- Manage the KFC digital platform for WiCodes (electronic vouchering)
**Key Responsibilities**
- Interpret and analyze financial performance against key business metrics for KFC Equity and KFC and PH G&A
- Manage Payables team, to deliver reliable and high-quality service to Suppliers
- Review of supplier recons, preparing and gaining approval for all payments made weekly, and cash flow summaries for payment cycles
- Manage Service Levels and drive the development of plans for systems improvements in business financial controls
- Ensure implementation and compliance of policies and procedures
- Providing accurate and complete information to external and internal auditors
- Management of the financial reporting of the Marketing fund, Tech fee, Franchise services, and Wi-Codes
This role requires the employee to have strong relationship skills as cross-functional partnering is imperative. The role has strict but manageable deadlines throughout each period. It requires an individual who can motivate and challenge a team while step-changing the transactional space.
**Stakeholders**
- Create and maintain relationships with operational management/leadership
- Create and maintain relationships with suppliers
- Create and maintain good working relationships with other departments i.e. colleagues including the global Control team
- Create and maintain relationships with Financial Controller, Chief Financial Officer, external/ internal auditors and Finance Planning team stakeholders
**Working Model**
- Over peak periods, overtime will be required (predominantly over month-end)
- Hybrid work with 3 days a week in the office, plus regular field trips
**Qualifications**
- Bachelor of Commerce (Accounting)
**Experience**
- 3 to 5 years of management experience
- Previous experience in a Control space will be beneficial
**Computer literacy/proficiency**
- Microsoft Office suite
- Oracle (JDE, HFM) preferential
**Competencies**
- **Analytical** - Synthesizes complex or diverse information; Designs workflows and procedures
- **Problem Solving** - Identifies and resolves problems in a timely manner
- **Interpersonal Skills** - Focuses on solving conflict; Maintains confidentiality
- **Team Work** - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit
- **Leadership** - Exhibits confidence in self and others; Inspires and motivates others to perform well
- **Managing People** - Facilitating and process improvement
- **Ethics** - Treats people with respect; Keeps commitments; Works with integrity and ethics; Upholds organizational values
- **Organizational Support** - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values
- **Adaptability** - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events
- **Dependability** - Follows instructions, and responds to management direction; **Innovation**:
- Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work
- **Judgment** - Displays willingness to make decisions; Exhibits sound and accurate judgment;.
- **Motivation** - Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles;
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