Assistant Manager - Accounts Payable

Role & responsibilities

1. Reporting and Actualization:

• Prepare, review, and distribute accurate financial reports related to Accounts Payable activities.
• Ensure timely actualization of expenses, invoices, and payments into the financial system.
• Track and report on all outstanding liabilities, accruals, and provisions monthly.
• Maintain and analyze AP aging reports and reconciliation.

2. Provisioning and Forecasting:

• Lead the process for monthly accruals and provisioning for unprocessed invoices, ensuring alignment with accounting standards.
• Collaborate with the Business finance team to analyze variances and adjust provisions accordingly.

3. Compliance and Internal Controls:

• Ensure compliance with internal policies, SOX, and regulatory requirements related to Accounts Payable processes.
• Implement and monitor internal controls for the AP process to prevent fraud and ensure data accuracy.
• Prepare for and assist in internal and external audits by providing required reports and documentation.

4. Process Improvement:

• Identify inefficiencies in the AP reporting process and develop solutions for improvement.
• Lead automation projects for reporting tools to increase efficiency and accuracy.
• Work closely with IT and finance departments to optimize systems and data management for reporting purposes.

Preferred candidate profile

• Bachelors degree in accounting, Finance, or a related field.
• 5+ years of experience in Accounts Payable, financial reporting, or a similar role.
• Strong understanding of accounting standard.
• Proven experience with AP systems, ERP software (e.g., Oracle, etc.).
• Advanced skills in MS Excel (pivot tables, VLOOKUP, data analysis).
• Knowledge of internal controls, SOX compliance, and audit procedures.
• Excellent analytical skills with strong attention to detail.
• Experience in team leadership or management is a plus.
• Strong communication and problem-solving skills.

Skills Required
Accounts Payable, Audit, Data Analysis, Ms Excel, Financial Reporting