Cost and Payable Accountant at Maurice Xandra Solutions

JOB SUMMARY:

• Our client is currently seeking a meticulous and experienced Cost and Payable Accountant who will be responsible for managing supplier balances, payments, transfers, service provider reconciliations, and bank drafts with a strong understanding of financial principles and attention to detail.

KEY ACCOUNTABILITIES

• Maintain accurate records of supplier balances and transactions.
• Process supplier payments accurately and in a timely manner, ensuring adherence to payment terms and company policies.
• Facilitate fund transfers between accounts and entities as required.
• Reconcile statements from service providers, resolving any discrepancies or issues promptly.
• Prepare and process bank drafts for payments as necessary.
• Collaborate with procurement and finance teams to ensure proper coding and allocation of expenses.
• Monitor and manage cash flow related to payables and ensure sufficient funds for payments.
• Assist in month-end closing activities related to payables and accruals.

REQUIRED QUALIFICATIONS / EXPERIENCE

• Bachelor's and or master's degree in accounting, finance, or a related field.
• Experience working in FCMG
• Minimum of 7 years of experience in payables management and bank correspondence.
• Strong knowledge of accounting principles and practices related to payables.
• Proficiency in using accounting software and Microsoft extensions for data analysis and reporting.
• Experience in reconciling supplier statements and resolving discrepancies.
• Excellent attention to detail and accuracy in financial record-keeping and payment processing.
• Strong communication and interpersonal skills for interacting with suppliers and internal stakeholders.
• Ability to work independently and prioritize tasks effectively in a fast-paced environment.
• Familiarity with banking procedures and regulations related to payment processing.