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Accounts Payable Accountant

4 months ago

Lagos, Nigeria MacTay Consulting Full time

Job Summary:

  • The Accounts Payable Accountant will be responsible for managing the company’s accounts payable processes.
  • This includes processing invoices, maintaining vendor relationships, ensuring compliance with company policies and procedures, and supporting the finance team in achieving accurate financial reporting.
  • The ideal candidate will have 3 to 5 years of experience in accounts payable roles and possess strong organizational and communication skills.

Key Responsibilities:

Invoice Processing:

  • Review and verify invoices and check requests.
  • Sort, code, and match invoices.
  • Set invoices up for payment.
  • Track expenses and process expense reports.

Payment Processing:

  • Prepare and perform check runs and other transactions.
  • Monitor accounts to ensure payments are up to date.
  • Resolve invoice discrepancies and issues.

Vendor Management:

  • Reconcile vendor statements and correct discrepancies.
  • Maintain vendor files.
  • Respond to vendor inquiries.

Compliance and Reporting:

  • Ensure compliance with financial policies and procedures.
  • Prepare and process electronic transfers and payments.
  • Assist with month-end closing.
  • Provide supporting documentation for audits.

Reconciliation:

  • Reconcile accounts payable transactions.
  • Prepare analysis of accounts as required.
  • Monitor accounts to ensure payments are up to date.

Continuous Improvement:

  • Suggest improvements to accounts payable processes.
  • Participate in process improvement projects.

Qualifications:

Education:

  • Bachelor’s degree in Accounting, Finance, or related field preferred.
  • ICAN/ACCA certification is an added advantage or Final Stage

Experience:

  • 3-5 years of accounts payable experience.
  • Experience with ERP/Accounting software e.g. SAP, Quickbooks.
  • Familiarity with electronic payment methods and systems.

Skills and Competencies:

  • Strong organizational and time management skills.
  • Excellent attention to detail and accuracy.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Strong communication and interpersonal skills.
  • Ability to work independently and as part of a team.

Knowledge:

  • Thorough understanding of accounts payable process
  • Knowledge of IFRS preferred
  • Familiarity with relevant accounting software and ERP systems.