Accounts Payable Executive at School Kits Limited

Job Summary:

He/She will be responsible for providing financial, administrative and clerical support by ensuring payments are completed and expenses are controlled by receiving payments, processing, verifying and reconciling invoices according to established policies and procedures in an efficient, timely and accurate manner.

Principal Duties and Responsibilities

• Prepare daily Bank fund management and payment schedule by prioritizing purchase invoices and Administrative cost.
• Respond to external vendors and internal managers regarding all aspects of the accounts payable process, including processing invoices for payment etc.
• Posting of expenses to accounts, business segments and cost centers in concordance with applicable IFRS and GAAP.
• Set up calendar to monitor fixed cost and statutory bills payment such as rent, Interest, WHT, VAT, Pension, PAYE, PIT etc. and recommend changes.
• Pay vendors by scrutinizing vendors account details, verifying tax identification number, resolving purchase order, contract, invoice, or payment discrepancies and documentation.
• Pay employees by receiving and verifying expense reports for advances, claims, etc.
• Collate and verify invoices for accuracy and correctness; upload payments on assigned bank portals.

Budget Monitoring

• Prepare payroll for review by Finance manager and upload salaries and wages on designated bank portal for approval.
• Generate schedule for PAYE and PENSION from Payroll computation, follow up with the finance manager for review, upload payment on designated bank portal based on reviewed schedule
• Generate VAT and WHT schedule from ERP or Excel schedule, follow up with the finance manager for review, upload payment on designated bank portal based on reviewed schedule.
• Monitor account balances, track expenses, prepare analyses of accounts and related financial activity to produce monthly financial reports.
• Ensure that all payment documents such as invoices, receipts, Schedules etc. are properly filed.
• Performs monthly bank reconciliation statement.
• Support the overall objective of Account and Finance department.

Qualifications/Skills

• Bachelor's degree in business administration, accounting, finance, or related field preferred.
• Good communication skills : wititng and verbal communication,