Manager Accounts Payable

Job Description:

This job holder is responsible for maintaining a proper accounts payable register in the ERP module for all nature of supplies and also developing a robust payment process with adequate controls. The role holder is also responsible for and updated records of supplier payments and invoices along with the supplier documents and ensuring payments to suppliers are in line with the agreed contractual arrangement

Responsibilities:

• Administers the Oracle financial modules for AP related to both material and service supplies and ensures they are in sync with the GL
• Maintains and manages an updated chart of accounts for payables, including:
• Maintaining the supplier master
• Verifying and validating supplier invoices to receipts of goods and services
• Batching supplier payments
• Supplier reconciliations and confirmations
• Ensures that supplier payments are made on time and as per agreed payment terms
• Implements a robust system of provisioning for supplier liabilities to ensure adequacy and in line with financial reporting standards
• Implements and manages a robust supplier payment process including reporting
• Conducts analysis of supplier aging report and ensures that the records reflect the accurate information
• Ensures the matching principle of PO / Agreement, Invoice, GRN and Payment
• Manages the maintenance of payable records for audit trail along with all the relevant supplier documents
• Ensures proper controls while processing payments in line with the control matrix
• Develops and maintains Accounts Payable procedures
• Ensures availability of all relevant information related to Accounts Payable for the auditors

Accountabilities:

• Maintains track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
• Reconciles processed work by verifying entries and comparing system reports to balances
• Maintains historical records

Required:

• 6-8 years of relevant progressive experience in a similar role with 3 years of supervisory experience

Desired:

• Experience in a large healthcare facility

Educational Qualification: Required:

• Bachelor’s degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field OR Diploma in relevant field with 3 years of additional experience

Desired:

• Master’s degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field