Senior Accounts Payable Controller
3 days ago
Accounts Payable Controller
Qualifications and Experience- Grade 12 pass
- Relevant Tertiary Qualification
- Over 7 to 10 years of experience in a similar role, preferably in a corporate or multinational environment
- Intermediate to Advanced Excel skills
- Accounts Payable Expertise: Strong knowledge and experience in accounts payable processes and procedures
- Foreign Creditors Management: Familiarity with foreign creditors' processes and requirements, including currency exchange and international payment methods
- Team Collaboration: Ability to work effectively as part of a team, communicating openly and collaboratively with colleagues and stakeholders
- ERP System Proficiency: Proficiency in using ERP systems such as Syspro, SAP, or Oracle for financial transactions and reporting
- Payment Compilation and Submission
- Compile and submit payments for release according to agreed creditor terms, ensuring accuracy and adherence to payment schedules
- Paper Trail Submission
- Submit payments on Paper trail for release as per agreed terms, verifying all details for accuracy and completeness
- Ledger Allocations and GRNs
- Accurately assign ledger allocations and GRNs to ensure proper accounting of expenses and minimize discrepancies
- Adjustment Measurement
- Monitor and measure adjustments passed in AP, ensuring adjustments remain within acceptable limits (less than 5% of total output)
- Authorization Compliance
- Ensure all costs and expenditures are authorized according to the Delegation of Authority (DOA), minimizing errors and discrepancies
- Account Reconciliation
- Reconcile accounts in accordance with company policies, resolving invoice discrepancies and issues promptly to maintain accurate financial records
- Audit Support
- Provide supporting documentation for audits, ensuring timely responses to audit requests and minimizing delays in the audit process
- Intercompany Invoices
- Email intercompany invoices to the designated email address, following established procedures to minimize errors and escalations
- Payment Release Follow-up
- Follow up on payment releases, addressing queries and concerns from business units or suppliers promptly and efficiently
- Supplier Reconciliations
- Complete daily supplier reconciliations for month-end suppliers, ensuring adherence to month-end cut-off dates set by the AP Manager
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