Accounts Payable Specialist

REPORTING TO Accounting Section Head

KEY RESPONSIBILITIES

• Carries out monthly analysis of AP and supplier’s down payments 
• Issues checks on due date. 
• Records all the companies’ liabilities. 
• Ensures that tax is deducted from suppliers. 
• Carries responsibility for transfer accounts payable and general ledger module. 
• Prepares the required data for internal and External Auditors 
• Prepares outstanding accounts payable balance 
• Compiles and analyzes financial information to prepare entries to accounts. 
• Compiles and sorts documents. 
• Installs and modifies documents and coordinates implementation of accounting system and accounting control procedures. 
• Checks and approves all vouchers for payments
• Performs the monthly bank reconciliation on timely basis 
• Checks vendor’s invoices vs. POs, goods /services receipts and processes vouchers for recording to the vendor account (3 Way matches). 
• Records and reconciles monthly payroll. 
• Stamps documents with paid stamp “invoices & payment request” to avoid duplication 
• Keeps documents properly filed for easy reference. 
• Reconciles the major vendor accounts on regular basis. 
• Controls Working Capital and overdraft balances at the budgeted level 
• Maintains zero variation between AP module and GL. 
• Coordinates with Banks to maintain the balance of facility lines.

Professional Experience:  3-5 years of experience in the same filed

EDUCATIONAL BACKGROUND - Bachelor degree (Preferably in Commerce or Business Administration) - CMA or equivalent is an added plus

TECHNICAL SKILLS Communication skills – Computer skills – Financial Skills – Analytical Skills