Accounts Payable Accountant

Karachi - Pakistan

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Accounts Payable Accountant

Key Responsibilities:

Accounts Payable Management Across Multiple Entities:

Oversee and manage the accounts payable function for three separate entities in the US Pakistan and the UAE.
Ensure accurate and timely processing of vendor invoices ensuring all payments are made within the agreed-upon terms across all regions.
Review and reconcile supplier statements resolve discrepancies and ensure the accuracy of vendor records.
Collaborate with cross-functional teams (Admin HR Operations etc.) to ensure proper coding of expenses and adherence to company policies.
Manage multiple payment cycles (monthly quarterly etc.) across different regions and ensure timely settlement of outstanding invoices.

Cash Flow and Expense Management:

Monitor and control the AP aging report for each entity to ensure accurate and timely payments. Develop and implement strategies to optimize cash flow by effectively managing the timing of payments considering regional requirements and vendor relationships.
Work closely with the finance team to ensure sufficient liquidity to meet financial obligations without compromising cash flow.
Forecast and track liabilities to prevent overdue payments and avoid late fees.

Vendor Relationship Management:

Build and maintain positive relationships with vendors across all regions to ensure smooth communication and timely payments.
Act as the primary point of contact for vendor inquiries regarding invoices payments and disputes.
Negotiate payment terms with vendors and suppliers when necessary ensuring favorable conditions for the company.
Handle vendor queries regarding payment status or discrepancies promptly and professionally.

Process Optimization and Compliance:

Identify and implement improvements in the AP process across regions to enhance accuracy efficiency and scalability.
Ensure compliance with local tax laws regional financial regulations and company policies while processing AP transactions.
Work closely with auditors to ensure all AP processes are in line with company and regulatory requirements.
Ensure proper internal controls and maintain accurate financial records for audit purposes.

Team Collaboration and Mentorship:

Work closely with the finance team to ensure smooth integration of accounts payable processes across different regions.
Mentor and support junior finance staff in the AP process ensuring accuracy and timely payment handling.
Foster a culture of collaboration and continuous improvement within the AP team.

Key Skills and Competencies:

Strong knowledge of accounts payable functions including invoice processing vendor management and cash flow management.
Experience managing accounts payable for multiple entities across different regions (US Pakistan UAE) with varying compliance requirements.
Proficiency in financial software and ERP systems (e.g. SAP QuickBooks Oracle).
Strong understanding of regional tax laws and financial regulations.
Excellent analytical skills with a keen eye for detail and accuracy.
Exceptional communication and negotiation skills for vendor management.
Ability to work effectively under pressure and manage multiple tasks across time zones.

Qualifications and Experience:

Bachelors degree in Finance Accounting or a related field (Masters degree or professional certifications such as ACCA CA or CMA preferred).
Minimum 4-6 years of experience in accounts payable or a related finance function with significant exposure to managing AP for multiple regions or entities.
Prior experience working in the US Pakistan and UAE regions is highly desirable.

Why Join Us
Be part of a dynamic and growing software house operating across multiple regions.
Opportunity to contribute to the financial stability and growth of the organization.
Collaborative work environment with opportunities for professional development and cross-regional exposure.

Location: Karachi
Employment Type: Full-Time
Reports To: Finance Manager

Required Experience:

Manager

Accounts Payable AccountantKey Responsibilities:Accounts Payable Management Across Multiple Entities:Oversee and manage the accounts payable function for three separate entities in the US Pakistan and the UAE.Ensure accurate and timely processing of vendor invoices ensuring all payments are made wit...