Accounts Payable

1. Invoice Processing and Verification: 2. Expense Tracking and Reporting 3. Suppliers Communication and Relations 4. Payment Processing and Timelines 5. Expense Reconciliation 6. Analysis and Reporting 7. Compliance and Documentation

Accounts Payable Officer profile:

Key Responsibilities

1. Invoice Processing and Verification: Ensuring invoices are accurately processed, verifying charges, and correcting discrepancies 
2. Expense Tracking and Reporting: Monitoring outgoing expenses, recording financial transactions, and generating expense reports 
3. Suppliers Communication and Relations: Building and maintaining strong relationships with vendors, resolving invoice discrepancies, and managing payment queries 
4. Payment Processing and Timelines: Scheduling and processing payments on time to maintain strong business relationships 
5. Expense Reconciliation: Reconcile invoices and payments with purchase orders, contracts, reconcile with suppliers’ statement of accounts and other supporting documentation.
6. Analysis and Reporting: Analyze accounts payable data to identify trends, discrepancies, and opportunities for process improvement. Generate reports as needed for management review.
7. Compliance and Documentation: Ensuring compliance with financial regulations and maintaining accurate financial records 

Qualifications and Skills

• Education: ACCA 1 
• Experience: Previous experience in a similar role 
• Software Proficiency: Familiarity with accounting software
• Numerical Skills: Strong numerical skills for managing financial transactions 
• Attention to Detail: Meticulous approach to handling financial records 
• Communication Skills: Effective communication with suppliers and internal departments