Accounts Payable Specialist (Temp)

Reviews monthly payable and accrual transactions, maintains appropriate accrual levels for the company, prepares and posts journal entries, prepares monthly account reconciliations, accounts payable oversight, processes of vendor transactions.

KEY RESPONSIBILITIES:

• Review, track, and maintain vendor billing information in financial systems, ensuring accuracy and compliance with local accounting regulations.
• Partner closely with the Purchasing department to ensure transactions are correctly recorded and vendors are paid on time.
• Manage and analyse all vendor and expense accounts, taking full ownership of accounts payable activities.
• Close and reconcile A/P-related general ledger accounts accurately and on time at month end.
• Manage advance payment accounts, analyse aging, and follow up on long-outstanding balances in line with company policy.
• Prepare and review monthly aging reports for payables.
• Support month-end close by managing invoice cut-offs, accruals, reversals, and prepaid expense amortisation.
• Verify completeness of supporting documentation, including purchase orders, payment requests, and goods receipt notes.
• Post invoices in D365 after confirming three-way matching between invoice, PO, and goods receipt.
• Process weekly payment runs by extracting due invoices and preparing payment reports for management approval.
• Apply required tax deductions in accordance with local tax legislation, including VAT and withholding tax.
• Clear interim accounts daily by allocating payments to the correct vendor accounts and closing settled invoices.
• Maintain strong vendor relationships and resolve queries through regular communication and meetings.
• File and archive all accounting documentation in a timely and compliant manner.

REQUIREMENTS:

• 3-5 year proven work experience in Accounting within an manufacturing company
• Bachelor Degree in Accounting
• Excellent Microsoft office & outlook skills
• Attention to detail and mathematical skills
• Knowledge of local Taxation laws
• Customer satisfaction-oriented and excellent communication skills
• Excellent local language skills and English language skills in written and spoken