Account Payable Executive

Key Responsibilities:
1.Invoice Processing:
o Verify and process vendor invoices, ensuring compliance with company policies and approvals.
o Match invoices with purchase orders and goods receipt notes.

2. Payment Management:
o Prepare payment schedules and process payments via bank transfers, checks, or other methods.
o Ensure timely payment to vendors to maintain positive relationships.

3. Vendor Account Management:
o Maintain and update vendor records in the accounting system.
o Handle vendor inquiries and resolve any payment-related discrepancies.

4. Reconciliation and Reporting:
o Reconcile accounts payable ledgers with the general ledger to ensure accuracy.
o Generate accounts payable reports, including aging analysis, for management review.

5. Expense Control:
o Monitor and report on company expenses to identify cost-saving opportunities.
o Ensure adherence to budget allocations for payments.

6. Compliance and Policies:
o Ensure compliance with tax regulations, such as withholding tax and GST/SST requirements.
o Assist in the development and enforcement of accounts payable policies and procedures.

7. Collaboration:
o Work closely with procurement and other departments to ensure proper documentation and approvals.
o Support month-end and year-end closing processes by providing accurate data.