Accounts Payable Assistant at BetaStore

Job Summary

• The Accounts Payable department is responsible for the financial, administrative, and clerical support of a company.
• They are in charge of making payments owed by the company to suppliers and other creditors, paying vendor invoices or bills, and recording the company’s short-term debts.
• This department is vital for the smooth functioning of any business entity.
• Accounts Payable is usually its own department in larger companies but in smaller businesses accounts payable and receivable tasks are usually combined.

Roles & Responsibilities

• Post business transactions, process invoices, verify financial data for use in maintaining accounts payable records
• Provide other clerical support necessary to pay the obligations of the organization
• Maintain meticulous records of outstanding payables
• Ensure the accuracy of an organization’s financial documents for payment, auditing, and tax purposes
• Protect businesses against unintentional overpayment
• Practice effective monitoring to ensure payments are made to vendors in a timely manner
• Prepare vouchers listing invoice number, date, vendor address, item description, amounts, and coding per accounting policies and procedures
• Reconcile bank statements
• Input daily bookkeeping and record-keeping
• Verify invoices against purchase orders and ensure goods or services were received before issuing payment to vendors.

Education Requirements

• A BSc or HND
• An understanding of basic bookkeeping and accounting skills is required
• A Degree in the following subjects would be beneficial:
  • Finance or Economics
  • Business Studies
  • Accounting.

Benefits

• Net Pay: N70,000 monthly.
• HMO Cover.