Officer – Finance Payables (225-907)

The Officer – Finance Payables plays a critical role in managing the financial operations of an organization with a primary focus on handling and processing accounts payables. This position requires a detail-oriented individual who can efficiently review, reconcile, and process payments to vendors and suppliers, ensuring that all financial transactions are in compliance with company policies and regulatory standards. The Officer – Finance Payables will work closely with various departments, providing guidance and support to optimize payment processes and enhance operational efficiency. The ideal candidate will possess excellent analytical skills, exceptional organizational abilities, and foster professional relationships essential to maintaining the financial integrity of the organization.

Responsibilities

• Process vendor and supplier payments accurately and within established timelines.
• Review and verify invoices and payment requests for accuracy and compliance.
• Reconcile payable accounts and resolve any discrepancies promptly.
• Maintain detailed and accurate records of all payable transactions.
• Coordinate with vendors and suppliers to address and resolve payment inquiries.
• Ensure adherence to company policies and regulatory requirements in payment processing.
• Assist in the preparation of monthly, quarterly, and annual financial reports related to payables.
• Support the finance team in the month-end and year-end closing processes.
• Create and update documentation of accounts payable processes and procedures.
• Participate in continuous improvement initiatives to enhance payment processing efficiency.
• Collaborate with internal departments to ensure timely and accurate processing of payments.
• Monitor outstanding payables to manage cash flow effectively and minimize late payments.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field required.
• Proven experience in finance or accounts payable role is essential.
• Strong understanding of accounting principles and financial regulations.
• Proficiency in using accounting software and ERP systems is preferred.
• Excellent analytical and problem-solving skills with attention to detail.
• Ability to manage multiple tasks and meet strict deadlines efficiently.
• Strong communication and interpersonal skills for vendor interactions.
• Proficiency in Microsoft Office Suite, particularly Excel and Word.
• Capability to work independently and collaboratively within a team environment.