Accountant Accounts Payable

This position has a wide range of responsibilities. They handle invoices manage payments maintain good relationships with vendors ensure compliance and optimize processes. The goal is to maintain financial accuracy manage cash flow effectively build strong vendor relationships ensure compliance enhance efficiency and control costs for the hostels financial wellbeing.

Building strong relationships of leadership internally and with suppliers by ensuring Mad Monkeys core values Curiosity Positivity Courage Sincerity and Family Spirit have visibility within the business.

MAIN DUTIES AND RESPONSIBILITIES:

• Invoice Processing: Responsible for accurately processing invoices from suppliers in compliance with hostel policies and procedures.
• Payment Management: Manage payment processes including scheduling payments preparing checks initiating electronic transfers and verifying payment details.
• Vendor Relations: Liaise with vendors addressing payment inquiries resolving discrepancies and maintaining positive relationships to ensure smooth transactions.
• Expense Tracking: Track and categorize expenses maintaining accurate records of all transactions related to the hostels purchases and expenditures.
• Compliance and Reporting: Ensure compliance with tax regulations and financial reporting requirements. They prepare reports detailing payment schedules outstanding balances and financial obligations.
• RecordKeeping: Maintain meticulous records of invoices payments and financial transactions ensuring easy retrieval of information for auditing or reference purposes.
• Process Improvement: Identify inefficiencies in the payment process and propose improvements to streamline procedures reduce costs and enhance accuracy.
• Monthend closing: In charge of reconciling expenses and balance sheet accounts under Accounts Payable.

JOB REQUIREMENTS:

• Bachelors or associates degree in Accounting Finance or related
• Preferably with experience working in the hospitality industry
• With experience and indepth knowledge of accounts payable principles
• Thorough knowledge of Microsoft Excel and accounting software programs
• Can work independently in a fastpaced environment
• Must be keen to details
• Must be able to interpret financial data and make sound decisions based on that information
• Must be able to multitask and manage time efficiently to complete all necessary tasks
• Must have a good understanding of the basic principles of finance accounting and bookkeeping
• Must possess excellent interpersonal and communication skills
• Must be willing to travel when necessary