Creditor's Supervisor
3 weeks ago
Key Responsibilities:
Supervision and Team Management:
- Lead and manage a team of creditors clerks, providing guidance, support, and training as needed
- Allocate tasks effectively, set priorities, and ensure deadlines are met
- Conduct regular performance evaluations and provide constructive feedback to team members
- Oversee the end-to-end accounts payable process, including invoice processing, expense management, and payment disbursement
- Ensure accuracy and completeness of financial data entry into the accounting system
- Review and approve invoices and expense claims in accordance with company policies and procedures
- Maintain relationships with vendors and suppliers, addressing any inquiries or issues promptly
- Negotiate payment terms and discounts with vendors to optimize cash flow and minimize costs
- Coordinate with procurement and other departments to ensure timely receipt of goods and services
- Generate regular reports on accounts payable aging, outstanding liabilities, and payment performance
- Analyze data to identify trends, potential risks, and opportunities for process improvements
- Assist in month-end and year-end closing activities, including accruals and reconciliations
- Ensure compliance with company policies, accounting standards, and regulatory requirements
- Implement and maintain internal controls to safeguard company assets and prevent fraud
- Participate in audits and assist auditors in providing necessary documentation and explanations
- Identify areas for process optimization and automation to streamline accounts payable operations
- Proactively suggest and implement improvements to enhance efficiency, accuracy, and cost-effectiveness
- Stay updated on industry best practices and emerging technologies related to accounts payable management
- Bachelor's degree in Accounting, Finance, or a related field
- 10 years’ experience in creditors role of which 3 years should have been on a supervisory level
- Strong understanding of accounting principles and practices
- Proficiency in accounting software and Advanced Microsoft Excel
- Excellent communication, leadership, and interpersonal skills
- Attention to detail and ability to work under pressure in a fast-paced environment
- Analytical mindset
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