Accounts Payable Specialist

Role & responsibilities

• Review and verify invoices for accuracy, appropriate approvals and adherence to company policies.
• Process payments for due invoices and prioritize urgent invoices, ensuring timely and accurate disbursements.
• Perform detailed reconciliations of accounts payable sub-ledgers with the general ledger.
• Address and resolve payment discrepancies, invoice disputes, or vendor queries efficiently.
• Generate reports on outstanding payables, payment schedules.
• Ensure compliance with company policies, tax regulations, and legal requirements in all accounts payable activities.
• Assist in maintaining records for audits and ensuring proper documentation.
• Assist in month / year-end closing activities related to accounts payable.
• Publish Monthly / weekly Aging and other reports of the zone that is supported.
• Identify and escalate unresolved discrepancies, anomalies, or process bottlenecks to the Team Lead / Manager for further investigation and resolution.
• Follow internal policies, procedures, and accounting controls to ensure compliance with accounting standards and legal regulations, mitigating any potential financial risks.
• Participate in identifying opportunities for process improvement, contributing ideas to streamline operations, enhance efficiency, and reduce manual intervention.

Skills Required

verify invoices for accuracy, Process payments, reconciliations of accounts payable, Ensure compliance, resolve payment discrepancies