Senior Accountant- Accounts Payable Specialist
4 weeks ago
Nathan HR Human Resources is seeking a detail-oriented and experienced Senior Accountant specializing in Accounts Payable to enhance our financial operations.
The Senior Accountant Accounts Payable will oversee and manage the accounts payable process, ensuring timely and accurate processing of invoices and payments. This role requires advanced accounting skills, strong analytical capabilities, and a thorough understanding of accounts payable best practices.
Key Responsibilities:
Leadership and Oversight:
- Supervise the accounts payable team, providing guidance and support to ensure efficient operations.
- Develop and implement policies and procedures to streamline accounts payable processes.
Invoice Management:
- Review and verify invoices for accuracy, ensuring compliance with company policies and vendor agreements.
- Monitor Purchase Budget.
Reconciliation of SOA supplies:
- All VAT compliance with IFTA and back guidelines.
- Ensure timely coding and entry of invoices into the accounting system.
Payment Processing:
- Prepare and oversee payment runs, including checks, and bank guidelines.
- Monitor payment schedules and manage cash flow related to accounts payable.
- Budget cheques with employees expenses.
- Approving the PO as per company policy.
Vendor Relations:
- Maintain strong relationships with vendors, addressing inquiries and resolving discrepancies.
- Manage credit control.
- Negotiate favourable payment terms and conditions with vendors.
Reconciliation and Reporting:
- Perform monthly reconciliations of ledger accounts payable module, ensuring accuracy and completeness.
- Prepare financial reports and metrics related to accounts payable, providing insights to management.
Compliance and Audit:
- Ensure compliance with relevant regulations and accounting standards.
- Support internal and external audits by providing necessary documentation and reports.
Process Improvement:
- Identify opportunities for process improvements within the accounts payable function.
- Stay updated on best practices and technological advancements in accounts payable management.
Qualifications:
- Bachelors degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
- Minimum of 5-8 years of experience in accounting, with a focus on accounts payable.
- Strong knowledge of accounting principles and practices, particularly related to accounts payable.
- Proficiency in accounting software (Oracle) and Microsoft Office.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and organizational skills.
- Ability to work independently and collaboratively in a team environment.
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