Payable Accountant at Mopheth Group

Summary

• The Payable Accountant is responsible for managing all accounts payable activities, ensuring timely and accurate processing of vendor invoices, maintaining compliance with company policies, and supporting financial reporting for Mopheth Pharmacy.

Key Responsibilities
Invoice Management:

• Receive, verify, and process supplier invoices for goods and services.
• Match invoices with purchase orders and delivery notes.
• Ensure proper coding and approval of invoices.

Payment Processing:

• Prepare and execute weekly/monthly payment runs.
• Monitor due dates to avoid late payments and penalties.
• Capture early payment discounts where applicable.

Vendor Management:

• Maintain accurate vendor records and resolve discrepancies.
• Respond promptly to vendor inquiries and reconcile statements.

Compliance & Internal Controls:

• Ensure adherence to company policies, tax regulations, and accounting standards.
• Support internal and external audits with required documentation.

Reporting:

• Prepare accounts payable aging reports.
• Assist with month-end and year-end closing activities.
• Provide analysis on cash outflows and payment trends.

System & Process Improvement:

• Utilize ERP/accounting software for AP processes.
• Identify opportunities for automation and efficiency improvements.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 2–4 years of experience in Accounts Payable (preferably in retail/pharmaceutical sector).
• Proficiency in accounting software (e.g., Sage, QuickBooks, or ERP systems).
• Strong attention to detail and organizational skills.