Accounts Payable Specialist

Department

Finance

Position

Accounts Payable Specialist

Location

Quetta

Qualification

Qualified CA/ACCA/ICMA preferred

Experience

• Minimum 2-4 years of experience in the accounts payable department of a well-reputed organization.
• Prior experience working in an SAP environment with the accounts payable department is preferred.

Requirements

• Strong analytical and problem-solving skills with a keen eye for detail.
• Excellent communication and interpersonal skills to collaborate effectively with various teams and departments.
• In-depth knowledge of banking, IFRSs, and payment processing.
• Ability to work independently, meet deadlines, and adapt to changing business needs.
• Demonstrated track record of implementing cost-saving initiatives and improving cost-control processes.

Responsibilities

• Conducting banking and finance reviews of the newly onboarded suppliers in SAP/Ariba based on established policies and procedures;
• Performing reviews and procedures on changes in the  master data of vendors and uploading the changes into master data after performing due diligence;
• Verify the accuracy and completeness of supplier invoices uploaded in SAP before processing for payments;
• Prepare and execute supplier/employee payment runs, following established procedures and timelines.
• Posting the supplier's payments and other bank adjustments on a timely basis;
• Performing periodic bank and vendor reconciliations;
• Collaborate with vendors to resolve any discrepancies, ensuring a balanced account and accurate payments;
• Operating and maintaining the bank accounts and bank relationship with the bank relationship manager;
• Preparing quarterly and monthly payment plans for different currencies based on the forecast/rolling plan;
• Working with corporate treasury and bank relationship manager for implementing and enhancing auto pay run methods;
• Making sure the withholding and other taxes are withheld as per the local laws and are transferred into beneficiary accounts on a timely basis;
• Disburses petty cash by recording entries and verifying documentation;
• Work closely with the finance team to provide accurate financial information, contribute to month-end and year-end closing processes, and assist in reconciling financial accounts.