Accountant (Payables)
- Recruiter
- Brighter Monday
- Location
- Nairobi, Kenya, Kenya
- Salary
- Competitive salary
- Posted
- 22 Jan 2025
- Closes
- 28 Jan 2025
- Ref
- YyNAIEbf56e2
- Job role
- Accountant
- Sector
- Accounting - Public practice
- Experience level
- Entry level
ABOUT THE COMPANY
A multi-sector recruiter on the hunt for talent from entry level to C-suite positions on behalf of corporate entities.
JOB SUMMARY
Our client in the food manufacturing industry is currently looking to hire an Accountant (Payables).The Accountant (Payables) will manage supplier payments, ensure accurate invoice reconciliation, and handle tax and statutory requirements. This role will involve working with internal and external teams to resolve payment issues and maintain accurate financial records with strong attention to detail and numerical skills required.
RESPONSIBILITIES
Post all supplier out-going payments into individual supplier ledgers and reconcile against all invoices and credit notes as listed in the approved supplier reconciliations to ensure that invoices and credit notes that have been paid have been closed off against payment to prevent double payment and misreporting of creditors ageing.Verifying that sufficient approvals have been applied to invoices forwarded for payments, in line with the Approval Matrix and that any variances to budgets are approved before any payments are made.Process payments in line with the set schedule and in alignment to monthly cash forecast.Confirm that suppliers according to sourcing schedules and the applicable deductions made.Process all relevant Tax Returns in a timely and accurate manner (i.e., VAT, Withholding VAT, Withholding Tax, PAYE etc.) including all other relevant compulsory statutory payments e.g., NSSF, SHIF etc.Remit to all internal and external suppliers and other payees, proof of payments generated from the banking platform supported by the remittance advice detailing the make-up of the payments.Confirm that all supplier invoices and credit notes forwarded for reconciliation have been posted into appropriate supplier ledgers and general ledger accounts on the ERP and against correct cost centres.Manage relationships with internal and external stakeholders, ensure continuous and effective communication and provide prompt response and turnaround of queries.Ensure tight control over source and payment documents and oversee the safe and orderly archiving of all payment and payment related documents for the time required to meet audit, legal and tax queries.Reconcile and present assigned reports and audit schedules as per closing checklist toreporting team for the monthly, quarterly and annual reporting process.Present comprehensive, accurate and informative reports with trends, insights, concerns,and recommendations clearly elaborated.Comply with all organization policies, procedures, and statutory guidelines. Minimize andmitigate risks to the organization and enforce zero-tolerance to non-compliance.Close gaps/lapses identified as an outcome of audits; risk and/or any other compliance review; investigations; or other assessment mechanisms and take corrective/preventive actions within the agreed timelines.Perform other related duties as assignedQualificationsA bachelor's degree from a recognized accredited university preferably inaccounting, economics, commerce, or a related field.Qualified Accountant (CPA-2) or ACCA equivalent.At least three (3) years' experience as a Payables AccountantStrong numerical and analytical skills.Excellent communication and interpersonal skills.Attention to detail and accuracy.Proficiency in using Microsoft Excel.Knowledge of billing and invoicing procedures.Ability to maintain professionalism and composure in dealing with guests and payment disputes.Personal AttributesIntegrityGo-getter and Relationship builder.Excellent planning and organization skills with a high ability to meet deadlines and solve complex problems.
REQUIRED SKILLS
Supplier evaluation and management, Cost tracking, analysis, Tax returns, Invoicing, Internal control, Documentation and record keeping, Reporting, Accounting IT-systems (use of)
REQUIRED EDUCATION
Bachelor's degree
A multi-sector recruiter on the hunt for talent from entry level to C-suite positions on behalf of corporate entities.
JOB SUMMARY
Our client in the food manufacturing industry is currently looking to hire an Accountant (Payables).The Accountant (Payables) will manage supplier payments, ensure accurate invoice reconciliation, and handle tax and statutory requirements. This role will involve working with internal and external teams to resolve payment issues and maintain accurate financial records with strong attention to detail and numerical skills required.
RESPONSIBILITIES
Post all supplier out-going payments into individual supplier ledgers and reconcile against all invoices and credit notes as listed in the approved supplier reconciliations to ensure that invoices and credit notes that have been paid have been closed off against payment to prevent double payment and misreporting of creditors ageing.Verifying that sufficient approvals have been applied to invoices forwarded for payments, in line with the Approval Matrix and that any variances to budgets are approved before any payments are made.Process payments in line with the set schedule and in alignment to monthly cash forecast.Confirm that suppliers according to sourcing schedules and the applicable deductions made.Process all relevant Tax Returns in a timely and accurate manner (i.e., VAT, Withholding VAT, Withholding Tax, PAYE etc.) including all other relevant compulsory statutory payments e.g., NSSF, SHIF etc.Remit to all internal and external suppliers and other payees, proof of payments generated from the banking platform supported by the remittance advice detailing the make-up of the payments.Confirm that all supplier invoices and credit notes forwarded for reconciliation have been posted into appropriate supplier ledgers and general ledger accounts on the ERP and against correct cost centres.Manage relationships with internal and external stakeholders, ensure continuous and effective communication and provide prompt response and turnaround of queries.Ensure tight control over source and payment documents and oversee the safe and orderly archiving of all payment and payment related documents for the time required to meet audit, legal and tax queries.Reconcile and present assigned reports and audit schedules as per closing checklist toreporting team for the monthly, quarterly and annual reporting process.Present comprehensive, accurate and informative reports with trends, insights, concerns,and recommendations clearly elaborated.Comply with all organization policies, procedures, and statutory guidelines. Minimize andmitigate risks to the organization and enforce zero-tolerance to non-compliance.Close gaps/lapses identified as an outcome of audits; risk and/or any other compliance review; investigations; or other assessment mechanisms and take corrective/preventive actions within the agreed timelines.Perform other related duties as assignedQualificationsA bachelor's degree from a recognized accredited university preferably inaccounting, economics, commerce, or a related field.Qualified Accountant (CPA-2) or ACCA equivalent.At least three (3) years' experience as a Payables AccountantStrong numerical and analytical skills.Excellent communication and interpersonal skills.Attention to detail and accuracy.Proficiency in using Microsoft Excel.Knowledge of billing and invoicing procedures.Ability to maintain professionalism and composure in dealing with guests and payment disputes.Personal AttributesIntegrityGo-getter and Relationship builder.Excellent planning and organization skills with a high ability to meet deadlines and solve complex problems.
REQUIRED SKILLS
Supplier evaluation and management, Cost tracking, analysis, Tax returns, Invoicing, Internal control, Documentation and record keeping, Reporting, Accounting IT-systems (use of)
REQUIRED EDUCATION
Bachelor's degree