Accounts Payable & Receivable

Accounts Payable :

Responsibilities

Accounts Payable Management:

• Invoice Processing: Receive, verify, and process all incoming invoices in accordance with company policies and procedures.
• Vendor Relations: Communicate with vendors regarding invoice discrepancies, payment inquiries, and account statements.
• Payment Execution: Prepare and execute payment runs, ensuring timely and accurate payments to vendors and suppliers.

Payment Reconciliation:

• Transaction Matching: Reconcile all payments made with bank statements and accounting records.
• Discrepancy Resolution: Investigate and resolve any discrepancies or irregularities found during the reconciliation process.
• Reporting: Maintain detailed records of reconciliations and prepare reports for management review.

Counterparty Data Capture and Activation:

• Data Entry: Accurately input new information into the companys accounting systems.
• Verification: Validate data for completeness and accuracy, ensuring compliance with company standards and regulatory requirements.
• Account Activation: Facilitate the activation of new customer accounts, coordinating with relevant departments to ensure a smooth onboarding process.

Key Competencies:

• Attention to Detail: High level of accuracy in data entry and financial processing.
• Analytical Skills: Ability to analyze financial data and identify discrepancies.
• Organizational Skills: Strong ability to manage multiple tasks and meet deadlines.
• Communication Skills: Excellent verbal and written communication skills for interacting with vendors, customers, and internal teams.
• Integrity and Confidentiality: Maintain strict confidentiality of financial and customer data.

Accounts Receivable :

Requirements and skills

• Proven work experience as an Accounts Receivable Supervisor.
• Hands-on experience with Logisys accounting software preferred.
• Familiarity with advanced formulas in MS Excel.
• Excellent analytical skills along with the ability to create and present detailed reports.
• Ability to accurately process numerical data.
• Team management and negotiation skills.
• Problem-solving attitude.