Account Payable Executive

Key Responsibilities: 1.Invoice Processing: o Verify and process vendor invoices, ensuring compliance with company policies and approvals. o Match invoices with purchase orders and goods receipt notes. 2. Payment Management: o Prepare payment schedules and process payments via bank transfers, checks, or other methods. o Ensure timely payment to vendors to maintain positive relationships. 3. Vendor Account Management: o Maintain and update vendor records in the accounting system. o Handle vendor inquiries and resolve any payment-related discrepancies. 4. Reconciliation and Reporting: o Reconcile accounts payable ledgers with the general ledger to ensure accuracy. o Generate accounts payable reports, including aging analysis, for management review. 5. Expense Control: o Monitor and report on company expenses to identify cost-saving opportunities. o Ensure adherence to budget allocations for payments. 6. Compliance and Policies: o Ensure compliance with tax regulations, such as withholding tax and GST/SST requirements. o Assist in the development and enforcement of accounts payable policies and procedures. 7. Collaboration: o Work closely with procurement and other departments to ensure proper documentation and approvals. o Support month-end and year-end closing processes by providing accurate data.