Accounts Payable Supervisor

SUMMARY:
Manufacturing concern, based in Germiston as an opportunity for an Accounts Payable Supervisor to join their team. Experience with SAP essential, as well as a Tertiary financial qualification.

POSITION INFO:
Summary of responsibilities:

Develop, implement and maintain an effective and professional accounts payable system
Responsible to achieve optimal prompt payment discounts from suppliers
Supervise the accounts payable processing and relationships with suppliers, procurement and operations
Oversee the daily functions of the Accounts payable team
Ensure the accuracy and quality of reconciliations to meet company’s standards
Identify potential problems and resolve proactively
Ensure effectiveness and efficiency in the department is maintained.

Qualifications:

• Matric/ Grade 12
• BCom degree or finance related/imports qualification essential

• 5 to 10 years creditors experience
• Preferably over 5 years experience in a supervisory role
• Experience with 5+ staff reporting
• At least 1 to 2 years imports / forex experience
• Sound knowledge of Incoterms
• Sound knowledge of SAP essential

• Ensure the full accounts payable functions are well controlled and regular payments are made to all suppliers, both local and foreign vendors in accordance with company policy and procedures
• Check payment reconciliation, verify and sign off remittance and payment reconciliations
• Ensure all new supplier account details are vetted and have been correctly captured in the Creditors master file
• Responsible for the completion of weekly cash flow reports and monthly payment forecast reports
• Updating of customs vat and clearing agents’ payment forecast
• Responsible for the accrual and journal information, ensuring it is gathered and processed monthly in conjunction with re-allocation journals
• Preparation and review of the age analysis reconciliation on a monthly basis
• Weekly analysis and clearing of GRIR report
• Ensure accuracy of imports costing schedule
• Check bank contracts for accuracy
• Check bank statements daily and ensure foreign payments are released from SAP
• FEC bank settlement processing to be done on SAP on a daily basis
• Control the establishment of letters of credit and check any amendments thereof
• Sign off on advice of drawings
• GL reconciliation
• Generate report from SAP for BBBEE spend and ensure certificates are valid
• Compiling of SHE data/Environmental KPI on a monthly basis
• Ensuring all Municipal accounts are captured or accrued on a monthly basis
• Attend regular progress review meetings.
• Assist with the resolution of external and internal audit findings
• Assist management in designing and implementing adequate systems of control
• Assessing current systems for weaknesses and suggest improvement
• Supervise and mentor staff
• Perform ad-hoc tasks

NB! This job is now closed. You can apply for other jobs by uploading your CV.