Supervisor, Accounts Payable

JOB PURPOSE:

To support corporate accounting with various technical accounting areas, including preparing monthly and quarterly financial sheets to ensure that all transactions are accounted for according to generally accepted accounting principles.

DESCRIPTION:

Policies, Processes, and Procedures

           ▪ Recommends improvements to departmental policy and directs the implementation of procedures and controls covering all areas of accounting activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers

Day-to-day operations

▪ Supervises the day-to-day operations of the accounting section to ensure that work processes are implemented as designed and comply with established policies, processes, and procedures

Job Specific accountabilities.

       ▪ Oversee the daily operation of the accounts payable department, including supervising staff, managing workflows, and ensuring accuracy and timeliness of payment

      ▪ Performs month-end close requirements, to ensure keeping track of the Checklist

      ▪ Ensure that financial deadlines are met, and that customer service is provided to all internal stakeholders.

      ▪ Analyses financial information and reviews financial reports to identify significant variances, trends, and irregularities.

      ▪ Analyses the accounts aging to ensure the balances are appropriately maintained by each period’s closing.

      ▪ Prepares quarterly and year-end disclosures to hand over to management on time.

      ▪ Coordinates and works with internal, compliance team and external auditors to provide them with adequate support while performing their audits. 

      ▪ Collaborates with other sectors within the financial team to produce financial reports efficiently and within deadlines

      ▪ Coordinates the period closing activities to ensure the timely delivery of monthly, quarterly, and year-end financial statements and analytical reports.

Direction of Subordinates 

▪ Organizes and supervises the activities and work of a small team of subordinates to ensure that all work within a specific area of accounting is carried out in an efficient and procedurally compliant manner

Continuous Improvement

      ▪ Contributes to the identification of opportunities for continuous improvement of systems, processes, and practices considering ‘international best practice’, improvement of business processes, cost reduction, and productivity improvement

Reporting

       ▪ Prepares departmental reports of accounting timely and accurate to meet company and department requirements, policies, and standards

Safety, Quality & Environment

       ▪ Complies with all relevant safety, quality, and environmental management policies, procedures, and controls to ensure a healthy and safe work environment

Related Assignments

▪ Performs other related duties or assignments as directed

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

Bachelor’s degree in accounting. CMA, Diploma IFRS or CPA are preferable.

Minimum Experience:

6 - 8 years of experience working in accounting or accounting-related fields. Experience in internal audit and/or external audit is preferrable. 1- 2 years of team leadership and supervision experience is required

Skills:

High level in Microsoft Excel, Microsoft Word, and PowerPoints

Excellent communication (both verbal and written skills) while maintaining effective communication within the team and coordination with other functions.

Excellent English language proficiency.