Accounts Payable Executive

An Acquiring Bank is currently on the lookout for an Accounts Payables Executive to join their team

Duties include: 

• Ensuring that supplier invoices are in-line with the respective suppliers’ contracts and/or purchase orders
• Obtaining appropriate payment authorization before issuing payments to vendors
• Reviewing and approving the posting of invoices ensuring accurate general-ledger data entry and classification
• Preparing periodic payment batches and ensuring that all supplier payments are timely and accurately processed
• Reviewing suppliers’ contracts financial terms and conditions before signing to identify and communicate any financial implications 
• Issuing sales invoices in-line with the instructions received from the Financial Operations team and following up on the receipt of funds thereof
• Reconciling and maintaining the Aged Payables and Aged Receivables reports as part of the Bank’s internal controls
• Updating and reconciling the Fixed and Intangible Assets Registers with the respective General Ledgers
• Assisting in the preparation of monthly management accounts by preparing accruals and prepayments, bank and other reconciliations
• Assisting external financial audit by providing the required supporting documentation, including invoices and contracts’ register
• Preparing financial reports and completing other ad hoc tasks delegated by the manager
• Suggesting changes or improvements to increase the efficiency of the accounts payable internal processes
• Maintaining good working relationships with other departments within the organization.

• Minimum of 2 years’ of local experience in a finance role
• A strong knowledge of accounting principles and accounts payable processes
• Fluency in both written and spoken English
• Proficiency in Microsoft Excel

• Actively studying ACCA or similar

• Hybrid working environment
• Subsidised loan rates