Accounts Payable Accountant at MacTay Consulting

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.