Team Lead, Accounts Payable
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Job Location:
Monthly Salary:
Posted on:
20 hours ago
Vacancies:
1 Vacancy
Job Summary
To undertake all functions associated with recording reviewing and reconciling payments and GL accounts.
- Review and post all transactions prior to posting on the system for payments for items or services procured on behalf of Stanbic IBTC group.
- Ensure vendors are paid timeously correct amounts are paid and accounts are accurately allocated with proper authority obtained.
- Reconcile daily and prepare proofs of the 3 ACB interface accounts Cash advance GL GLthe IC receivable and payable Accounts and other specific suspense accounts used by the team ensuring the outstanding amounts <3days old.
- Ensure up-to-date Intercompany billing and follow closely on payment on a monthly basis.
- Review and reconcile the prepayment accounts while ensuring accurate amortization and that there are no unamortized amounts.
- Monitor prepare (where applicable) and post accruals for unpaid invoices as advised by business units and ensure adequate provisions and month end allocations are made as applicable before close of each month.
- Ensure smooth run of month end activities support and manage/monitor team in all month-end processes to ensure deadlines are met and there are no disruptions to day to day and month end activities.
Qualifications :
- BSc Accounting Economics or a relevant field.
- Professional certification can be an added advantage.
Experience:
- Minimum of 2 to 3 years experience in a finance department in a financial institution.
- Experience working with SAP & Finacle Core can be an added advantage.
Additional Information :
Behavioural Competencies:
- Adopting Practical Approaches
- Challenging Ideas
- Checking Things
- Developing Expertise
- Embracing Change
- Examining Information
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Account Payable
- Internal Audit
- Vendor Invoices
- Data Entry
- FAA
- General Ledger Accounting
- Finance
- Accounting
- Excel
- ACH
- SOX
- ERP
- Expense Reports
- Financial statement
- Timely payments
About Company
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients ... View more
