Payable Accountant at Sayed Farms Limited

Job Description

• We are seeking a Payables Accountant who will be responsible for managing the accounts payable process within the organization, ensuring timely and accurate processing of payments, monitoring expenses, and maintaining a thorough record of transactions.
• This role involves close collaboration with the finance team, vendors, and other departments to maintain financial health and ensure compliance with company policies.

Responsibilities

• Process and verify invoices, ensuring accurate coding, timely payment, and proper authorization.
• Reconcile accounts payable ledger to ensure all payments are accounted for and accurately posted.
• Handle vendor inquiries, resolving discrepancies and maintaining strong vendor relationships.
• Prepare and process payment batches, including wire transfers, checks, and ACH payments.
• Ensure all payments are compliant with company policies, procedures, and government regulations.
• Maintain accurate records of invoices, payments, and financial documentation.
• Assist in month-end closing activities, including account reconciliations and accruals.
• Generate reports on accounts payable status, cash flow, and expense analysis as needed by management.
• Track and monitor expenses against budgeted figures, providing insights and identifying cost-saving opportunities.
• Review employee expense claims and reimbursements for accuracy and compliance.
• Ensure compliance with financial policies and procedures, including tax and regulatory requirements.
• Assist with external and internal audits by preparing documentation and answering inquiries.

Qualfications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3-5 years of relevant experience in accounts payable or general accounting.
• Proficiency in accounting software (e.g., SAP, Oracle) and MS Office, especially Excel.
• CPA, ACCA, or relevant certifications are advantageous.
• Strong attention to detail and high level of accuracy.
• Excellent analytical and problem-solving abilities.
• Effective communication skills, with the ability to liaise with internal departments and vendors.
• Organizational skills with the ability to manage multiple tasks and deadlines.
• Knowledge of accounting principles, regulations, and financial reporting standards.