Executive Accounts Payable/Receivable

Job Description for Executive Accounts Payable/Receivable:

A) Accounts Payable:

The position will effectively involve all accounting work necessary to ensure accounts payable are processed in a timely and efficient manner.

This position also requires excellent analytical skills & critical thinking, to evaluate all invoice validations and payable management.

1. Manage the day-to-day operations of the accounts payable, vendor invoice validation

and accounting in compliance with controls and accounting policies.

2. Develop and implement policies and procedures to improve the efficiency and

accuracy of accounts payable processes.

3. Review and reconcile vendor statements and accounts.

4. Liaise with cross functional stakeholders to ensure adherence to the AP process.

5. Manage vendor relationships, addressing inquiries and issues as they arise.

6. Assist in the month-end and year-end closing processes, including accruals and

reporting.

7. Compilation of all data to satisfy audit requests and respond to audit queries in a timely manner.

8. Assisting in vendor creation and change in vendor banking details.

9. Ad-hoc reporting as required.

B) Accounts Receivable:

The key role of employee will be to ensure that the company receives payment for goods and services and records these transactions accordingly. An accounts receivable employee works on securing revenue by verifying and posting receipt and resolving if any discrepancies.

1. Allocation of cash received against invoices as provided by Customer remittances daily.

2. Handling wholesaler accounts and handling queries from customers.

3. Process credit notes raised in timely manner.

4. SOH PBS claims validated and processed in timely manner. Sending invoices to customer.

5. Manage and maintain weekly active Debtor reports with commentary and actions taken to minimize overdue invoices.

6.Monitor aged accounts to identify issues and take necessary action to recover unpaid

invoices including reminder letter if and where required.

7. Assisting Shared Services manager to compile all data to satisfy audit requests.

8. Co-ordinating with customer services in following up with claims.

9. Assisting in customer creations in system.

10. AR Reconciliation on a daily basis.

11. Ad-hoc tasks and reporting as required.

12. Day to day review of Delivery Order