Payable Accountant at Mopheth Group

Job Description:

As a Payable Accountant, you will be responsible for managing accounts payable functions in a dynamic retail environment. The ideal candidate will have experience in retail accounting, be well-versed in inventory-related transactions, and possess strong organizational and analytical skills.

Job Functions/Responsibilities

• Process and reconcile supplier invoices for both the retail pharmacy and supermarket operations.
• Verify inventory-related transactions, ensuring accuracy in quantity and pricing.
• Collaborate with purchasing and receiving teams to resolve discrepancies in deliveries and invoices.
• Maintain positive relationships with suppliers and vendors to facilitate efficient communication and issue resolution.
• Negotiate payment terms and discounts with vendors to optimize cash flow and reduce costs.
• Regularly communicate with suppliers regarding invoice inquiries and discrepancies.
• Collaborate with the inventory management team to reconcile accounts payable with inventory records.
• Ensure accurate and timely recording of cost of goods sold (COGS) and related accruals.
• Assist in monitoring and controlling inventory levels to minimize stock-outs and overstock situations.
• Process weekly payment runs for suppliers, ensuring adherence to payment terms.
• Coordinate with the finance team to optimize cash flow and prioritize payments based on operational needs.
• Reconcile payments made with supplier statements to maintain accurate records.

Requirements/Qualifications

• HND/ Bachelor's degree in Accounting, Finance, or related field.
• Previous experience 3 years in accounts payable,  in a retail or supermarket setting is a plus.
• Familiarity with inventory accounting and retail-specific transactions.
• Proficient in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel.
• Exemplary planning and resources management skills.
• Ability to multitask and prioritize daily workload with minimum supervision
• Exceptional organizational skills and impeccable attention to detail.
• Ability to maintain a high level of integrity and discretion in handling confidential information.
• Ability to multitask in a fast-paced retail environment.
• Excellent communication and interpersonal skills for effective collaboration.
• Understanding of cost control measures and negotiation skills with suppliers.

Benefits:

• Competitive salary
• Health Maintenance Organization (HMO) coverage for employee and dependents.
• Pension Plan for long-term financial security.
• Staff discounts on retail pharmacy and supermarket products.
• Opportunities for career growth and development within the company.